🚢The Shipwreck Reef

The Shipwreck Reef

The Shipwreck Reef is a smart contract within the CWS ecosystem that serves as a splitter for NFT royalties. When NFTs are sold, a portion of the royalties is automatically sent to the Shipwreck Reef contract. The contract then distributes these royalties to The Pirates Booty Bay, the deployer, the token treasury and the harvester.

Fee is divided into:

• 15% Deployer

• 15% Lighthouse Locker

• 70% NFT Token Stream

• 2% of Total is distributed to Harvester

This contract is claimed automatically by harversters who will claim 2% of the total to be distributed.