2021-07-02 18:42:37
To all Pirates!
There are some important changes to make regarding the reward distribution of the TreasureKey. We have been finetuning the mechanics of the game and we appreciate the community for bearing with the numerous changes of the past couple of days. The idea of TreasureKey is to have a game that anyone can participate in, and be rewarded well for engaging their own strategies. Furthermore, chest rounds are ending prematurely because multiple chest are running, ruining key buyers who are only in for the passive income. And therefore…
We are introducing the
ONE for ALL BSC Chest, which will include the rewards from all the current chests. Here are the following changes to how the key purchases will be distributed and how the Jackpot will be paid out.
The new ONE for ALL BSC Chest Distribution
Purchase of keys:
50% - Redistribute to earlier key buyers of the current round
30% - Added to the Treasure Chest
5% - Referrals (If buyer isn’t using a referral, it goes back to earlier key buyers)
5% - Added to $PIRATE for WBNB Pool on AutoShark
5% - Development Fund
5% - Token burn for Partners, currently (PantherSwap, AutoShark, TreasureKey, WaultSwap, ApeSwap)
Tokens we will be burning: $PIRATE, $JAWS, $PANTHER, $WEX, $BANANA
Game end (Treasure Chest Distribution):
35% - Winner (last person to buy key before round ends)
10% - 2nd last buyer of key
5% - 3rd last buyer of key
48% - Added to the next round's Treasure Chest
2% - Marketing and Ecosystem Fund
This will reflect an improvement in participation from the wider community, drastically increase the length of rounds to allow the earlier key buyers to profit more, and also introduce amplified rewards to multiple winners (instead of a one takes all) towards the end of the round.
For users who are less active are only in for the farming part of the game, you can purchase $PIRATE via PantherSwap and stake them on AutoShark for the auto-compounding service. This way, you can have the best of both worlds earning actively on TreasureKey and passively on AutoShark.
We hope these changes will ultimately increase the longevity of the game, and allow us to develop and introduce other game types on TreasureKey. If you guys have any feedback, please do not hesitate to reach out to any admins!
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