Whitepaper
$RUM
$RUM is the lifeblood of Captain's Helm — a fixed-supply token that powers staking, crafting, burns, and events across the ecosystem.
The lifeblood
$RUM is designed as one cohesive loop: it rewards long-term captains, keeps the market liquid, and fuels progression across the entire Helm. You earn it through staking and liquidity, then spend and burn it through blends, passes, and time-limited systems — so value is recycled instead of endlessly inflated.
Earning $RUM
The primary engine is bottle staking on StakeItOnWax. Bottles are in shackles when it comes to new supply — no more bottle chests are being minted. New bottles are now primarily sourced through Fatebound Cache (far rarer odds), so long-term holders become the backbone that keeps $RUM flowing.
Bottle production rates (per hour)
- Common: 0.002 RUM/hr
- Uncommon: 0.006 RUM/hr
- Rare: 0.019 RUM/hr
- Epic: 0.060 RUM/hr
- Legendary: 0.185 RUM/hr
- Mythic: 0.573 RUM/hr
Scaling: each bottle tier yields ~3.1× the tier below (rounded to 3 decimals).
Liquidity farms (360 days)
- ALCOR farm — 12,000 $RUM
- TACO farm — 12,000 $RUM + Fleet Era NFT rewards
Fleet Era rewards (TACO)
- Ships: 360 total (Common, 3 classes) — ~3/day
- Pirates: 1,080 total (Common, 5 classes) — ~15/day
- In total: 6,480 NFTs distributed over the year
Liquidity boost: 10,000 WAX + matching $RUM added directly to the liquidity pools (5,000 WAX on Alcor, 5,000 WAX on Taco). These long-duration farms reward LP shareholders heavily because deep liquidity keeps $RUM tradeable, stable, and usable throughout the entire ecosystem.
Sinks & utility
$RUM is meant to be used. Burns and sinks keep the loop healthy and make upgrades, events, and time-limited deals meaningful.
- Burned in bottle blends, pirate blends, and ship blends.
- Used in Treasure Hunt Pass crafting (Gilded includes 25 $RUM) and other seasonal systems.
- Used in Black Market blends (time-limited sinks).
- Moves through Twitch systems via Waves loyalty and redemptions.
Supply & longevity
Max supply is fixed at 10,000,000 RUM. Longevity comes from two anchors: scarce bottle acquisition (no more bottle chests) and deep liquidity incentives that keep markets healthy for the long haul.
Captain's note
Many chase gold, but only the wise chase the bottle that brews it. $RUM is a token meant to be used — earned, burned, and looped back into progression.
