Pirate Nation Burns 540,000 Tokens in 5 Weeks
Pirate Nation Burns 540,000 Tokens in 5 Weeks
🏴☠️ Tokens Walk The Plank
Pirate Nation's Shop has implemented a significant token burning mechanism, permanently removing 540,000 $PIRATE tokens from circulation over the past 5 weeks.
Key points:
- 50% of all $PIRATE spent in the Shop is automatically burned
- Burns started mid-January with the Shop Drop launch
- Token burning reduces total and circulating supply permanently
- Program will continue for the foreseeable future
- Staked $PIRATE holders receive 10% discount on purchases
The initiative aims to create new dynamics in the game's economy while reducing token supply. Management may adjust burn rates based on results.
In the last 5 weeks, the Shop has burnt 540,000 $PIRATE tokens, permanently reducing the supply. Pirates love deflation 🔥🏴☠️
GM Pirates In a little over 3 weeks, 373,000 $PIRATE tokens have been burned via Shop sales and sent down to the depths, permanently removed from the token's supply 🔥🏴☠️
YARGH from prow to stern, Pirates! To date, the Shop has burned over 460,000 $PIRATE tokens, permanently reducing the total supply by that amount forever. Back to hunting treasure 🏴☠️
Phase 1 of today's Shop Drop has completely sold out! The Bandit Ship collection wrapped in <10 minutes and the Pirate Skin chests were done in under 30 Phase 2 lands in ~10 hours, at 11pm ET / 04:00 UTC In Phase 1 of the sale alone, we've now burned 135,000 $PIRATE 🔥🏴☠️
Legend of Rustbeard PvP Event Returns for Final Showdown
The Legend of Rustbeard PvP event has launched its final edition, running until August 22nd at 00:00 UTC. Key Details: - Players compete against other captains in naval combat - Exclusive Wraith Pirate Skin available as a reward - Final opportunity to participate in this historic event This iteration marks the conclusion of the popular Rustbeard series that began in July 2025. Players are encouraged to join the competition while the opportunity remains. *Ready to prove your worth on the high seas? Log in now to participate in this farewell event.*
The Final Showdown Approaches
A significant milestone is approaching in the blockchain space. Multiple indicators suggest we're entering a critical phase: - Market analysts note increased institutional participation - Technical indicators align with historical patterns - Regulatory frameworks are reaching maturity This convergence of factors marks a potential turning point. Industry veterans recommend maintaining balanced portfolios and staying informed about upcoming developments. *Key dates to watch*: - Early 2025: Initial phase - Mid-2025: Core developments - Late 2025: Final implementation Stay tuned for detailed analysis and updates as events unfold.
Cabin Maintenance Mode Update
The Cabin platform is scheduled for essential maintenance upgrades. Here's what you need to know: - Maintenance window begins in approximately 1 hour - Expected duration: few hours - Purpose: Major background system upgrades - Focus: Preparing infrastructure for future features All Cabin Pals should prepare for temporary platform downtime during this period. Regular services will resume once maintenance is complete.
Pirate Token Burn Event Sees 135,000 PIRATE Tokens Removed
A significant token burning event for $PIRATE has successfully concluded with impressive results: - 135,000 $PIRATE tokens were removed from circulation in under 30 minutes - The Bandit Ship collection sold out in less than 10 minutes - Pirate Skin chests were fully claimed within 30 minutes This burn event was part of a two-phase Shop Drop, with Phase 2 scheduled for later implementation. The rapid sellout demonstrates strong community participation in the token burning initiative. *Next scheduled burn event will commence in approximately 8 hours.*
Limited Time Offer: 40 PGLD in Epic Chests
Ahoy, Cabin Pals! During our recent Town Hall, Amitt showcased our new game editor tool and announced a temporary boost to Epic Chests in Exploration mode. For a limited time, these chests will offer 40 PGLD instead of the usual 30 PGLD. Key points: - New game editor tool demonstrated - Epic Chests now contain 40 PGLD in Exploration mode - Offer ends Friday, reverting to 30 PGLD Don't miss this opportunity to maximize your PGLD earnings! Set sail and explore before the offer expires.