💰Accrual for Pirates and Items

Genesis Pirates accrue $ARRC token from Treasury depending on the pool portion they hold. The amount of $RUM received depends on the number of percentage portion that the Pirate has in relation to all participants in the $ARRC token accrual rewards pool allocated from the Treasury for the day on which tokens from the Smart Contract can be claimed.

All Genesis Pirates, some buildings, integrated items that Genesis Pirates possess, and NFT items, give $ARRC token accrual in the pool allocated for rewards. The more accruals a Genesis Pirate has, the more tokens they get each month (4 weeks season).

To get tokens from the share pool a given Pirate: • Must be in the player's wallet for the full token accrual period, which lasts a month. If transferred to another wallet (sale or transfer), they lose their rights to portion. • The NFT item must be assigned to the Pirate in order to accrue portion.

	Number of Shares
Genesis Pirate	1
Items integrated with the Genesis Pirates, e.g., the golden belt.	0.1 to 5
NFT items assigned to the Genesis Pirates	0.1 to 5
Holders of the Silver Order of the Pioneer	Multiplier x4
Holders of the Gold Order of the Pioneer	Multiplier x5

For details on the amount of bonus added by an item, see the attachment: Appendix: Table of items - $RUM Accruals

The proportion of paid rewards is proposed by the PIRATE REPUBLIC, within the ranges presented in the table below:

The formula for calculating how many portion belong to a single Pirate: PIRATE_PORTION_NUMBER = (GENESIS_PIRATE_PORTION + ITEMS_BONUS) * GENESIS PIRATE BADGE

The formula for calculating how many tokens a single portion is worth: TOKENS = TOKENS_IN_THE_POOL / SUM(ALL ELIGIBLE PIRATE PORTION NUMBERS)

The formula for calculating how many tokens a given pirate will receive: RECEIVED_TOKENS = TOKENS * PIRATE_PORTION_NUMBER

TOKENS_IN_THE_POOL = 1 000 000 SUM (ALL ELIGIBLE PIRATE PORTION NUMBERS) = 25000

TOKENS = 1 000 000 / 25000 = 40 RECEIVED_TOKENS = 26.4 * 40 = 1056

Example:
GENESIS_PIRATE_PORTION = 1
ITEMS_BONUS = SUM([1, 0.5, 5, 0.1]) = 6.6 (sum of all items giving bonus to accrue $RUM)
ORDER_BONUS = 4 (bonus from special pioneer orders)
PIRATE_PORTION_NUMBER = (1+6.6)*4 = 26,4

In the above example, each portion is 40 $RUM tokens claimable each month. This will change if there are fewer or more tokens in the pool, and more items are added to ALL_ITEMS_PORTIONS. Each month there are tokens added from vesting into the Pirates reward pool.