Pirate Council

The Pirate Council: Staking Mechanics

The Pirate Council is the safest and cheapest to engage with the Yield Island ecosystem without committing to direct gameplay or investing heavily in ships and pirates.It allows participants to support the game’s growth and success by staking their $YIELD tokens, earning rewards and getting a chance to vote on the future of Yield IslandUnlike other gameplay mechanics, staking through the Pirate Council only rewards Unlocked $YIELD, there are no multipliers for Locked $YIELD. This makes it an excellent choice for players who prefer low-risk participation while still benefiting from the ecosystem’s growth.

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Staking Options and Rewards

Participants in the Pirate Council can choose from four different time-lock options

6 Hours	125%
1 Day	200%
3 Days	250%
7 Days	350%

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Dynamic APR Adjustment

The Pirate Council utilizes a dynamic APR system to ensure fair distribution of rewards as the ecosystem grows. As more participants stake their $YIELD in the pool, the Actual APR decreases proportionally. This dynamic adjustment ensures sustainability of the reward system while incentivizing early participation. Players who enter the staking pool earlier will benefit from higher APRs, while the rewards gradually adjust as the pool size increases. This mechanism ensures long-term balance while encouraging strategic decisions on when to stake.

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Key Details

• Unlocked $YIELD Only: Staking rewards are immediately usable, providing liquid assets for further investments or activities.

• No Locked $YIELD Multipliers: This ensures straightforward participation without the complexities of managing Locked $YIELD mechanics.

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Governance Participation [ Coming Soon ]

By staking $YIELD, individuals also gain the opportunity to participate in the Pirate Council, forming the backbone of the game’s governance system. The Pirate Council operates as a decentralized autonomous organization (DAO), giving stakeholders a voice in shaping the future of Yield Island.