The Bay

$BAY

[The Bay @piratebayerc20]

The game has started

[The Bay @piratebayerc20]

The Pirate Bay Treasure Hunt takes place in real-time at https://t.co/68SXUW2eId

In-game rewards flow into the game from the Pirate Treasury which accumulates in part from the trading fees of $BAY. Each island has a treasury on them in ETH and $IC

As the game progresses, islands will appear throughout the Bay. Each island holds treasure and will continue to collect treasure at random, variable rates. Players can choose to explore an island (stake their $BAY) for a proportional share of its treasure yield.

Each island contains unique parameters that players should fully understand before choosing to land and explore:

⁃ Exploration Interval
⁃ Collection Interval
⁃ Pirate Invasion Event
⁃ Escape Interval

Exploration Interval: the period of time in which players must wait while exploring an island’s treasure until the ‘Collection Interval’ begins.

Note: players must have been staked for one FULL Exploration Interval before being able to collect treasure

Collection Interval: the period of time in which players are able to collect their share of found treasure through exploration.

Again, please note that treasure collection is only available for players that have been staked for one FULL Exploration Interval.

Pirate Invasion Event: islands may randomly be attacked by pirates causing all the staked $BAY that remains after the Escape Interval (explained next) to be sent to the 0x000DEAD address. Treasure will be returned to the Pirate Treasury.

Note: the more treasure rich an island is - the greater risk of an invasion by pirates.

Escape Interval: the period of time in which players must leave an island within in the event of an impending pirate invasion event or else any remaining $BAY tokens will be sent to the 0x000DEAD address.