Every block (13.3s), METAL is distributed (made available to collect) to every METASHIP in existence. The amount of METAL distributed per ship scales based on (1) individual ship attributes and (2) the weekly multiplier.
"Pending" METAL is then stored on each individual ship and will stay with it in the event of an ERC721 token transfer.
Weeks are defined as groups of 45,473 Ethereum blocks, starting at the GENESIS_BLOCK of the METASHIP contract. Weekly multiplier applies to the base metal generated by each METASHIP for that week.
Important to note, any METASHIPS with pending METAL at the end of a week (when the multiplier changes) will have their pending METAL SLASHED. As such, it is important to collect your METAL at least once a week.
Week 1 = 16x
Week 2 = 10x
Week 3 = 8x
Week 4 = 5x
Week 5 = 4x
Week 6 = 3x
Week 7-8 = 2x
Week 9+ = 1x
Liquidity Provider Incentives
To encourage deep METAL liquidity, 200,000,000,000 METAL will be distributed over 32 weeks via gysr.io to those providing liquidity on the following pairs: