Pirate Bank
The Pirate Bank: Liquidity Pool
The Pirate Bank is the optimal choice for participants who want a more risk-on approach to investing in the Yield Island ecosystem without actively engaging in gameplay. By depositing LP tokens earned from providing liquidity, players can benefit from both base APR rewards and boosted locked $YIELD benefits, making it an attractive option for those seeking higher returns.
Base APR and Locked $YIELD Multiplier
At the Pirate Bank, the Base APR is set at 225%, similar to the Pirate Council. However, participants gain additional rewards in the form of Locked $YIELD, which is calculated based on the duration of staking and the current epoch’s multiplier. The longer you stay in the ecosystem, the lower the multiplier, ensuring balanced growth over time. Locked $YIELD Boost Chart
1st Epoch
225%
5
1125%
2nd Epoch
225%
4
900%
3rd Epoch
225%
3.5
787.5%
4th Epoch
225%
2.25
506.25%
5th Epoch
225%
2
450%
The boosted APR calculation is simple: Base APR x Multiplier, where the multiplier depends on the current epoch (as outlined above).
Key Benefits
Locked $YIELD Rewards: Gain additional locked tokens with significant boosts during earlier epochs, encouraging early staking participation.
Higher Risk, Higher Reward: Unlike the Pirate Council, the Pirate Bank offers elevated returns at the cost of increased exposure to ecosystem fluctuations.
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