Greetings, community! This will be the first of what I hope are many daily reports to come.
First things first, I want to thank you all for the incredible support on the introductory post. The engine has started with amazing force thanks to all of you!
Executed Burn Report
As all we know, Hive rewards take 7 days to become liquid. That´s why this section will remain pending until we start receiving the payouts. Once we receive the first payout, it will be used to report the detailed purchases and the executed burn.
Pending Funds Report
How Does The Engine Work?
For our new followers, here's a quick reminder. The mechanism is simple, direct, and anyone can verify it on the blockchain through our daily reports:
- Publication & Support: Every day, this account will publish a transparent progress report. The community supports it with their votes.
- Fundraising & Purchase: 100% of the liquid post rewards (HBD) will be used to buy STARBITS directly from the market/pool.
- Strategic NFT Purchase: Subsequently, those STARBITS will be used to buy the most affordable cards on the market using the excellent tool created by @mateodm03 ( https://risingstarutils.xyz/cheap/cards ).
- Verifiable Burn: Finally, all purchased NFTs will be sent to the @rsgraveyard2 account. (A huge thanks to Jux, @risingstargame, for the correction and for provide us an official wallet!). This action is irreversible and permanently reduces the total supply.
Join Us and Be the Fuel for this Engine!
This project only makes sense with community participation, both to generate rewards and to share it throughout the HIVE ecosystem:
- ⛽️ Follow the @rs-burn-engine account to never miss a report.
- 👍 Vote on this and every daily post to give the engine its fuel. Your support today is the energy of tomorrow.
- 🔁 Reblog this post so the message can reach every corner of the community.
- 💬 Comment with your ideas, your feedback, and your support.
Thank you again for your trust. The engine has started running at full capacity thanks to you.
Please, support today's post to ensure we have funds for next week's burn.