Summary:
Rewards from Yonfire #20 are here!
STARBITS burned today: 2,350,595 STARBITS
STARBITS burned total: 45,881,621 STARBITS
Today for the first time we are sending the STARBITS to rsgraveyard2 instead of risingstar2. The STARBITS sent to rsgraveyard2 will still be burned because they will be spent on packs, which will ultimately send the STARBITS back to risingstar2. So this burns the STARBITS and also gives rsgraveyard2 some NFT's to put up for auction in the future, which allows the opportunity for players to burn more STARBITS later. This is similar to what the rs-burn-engine project has started doing I think. Let's wish them both good luck on getting some legendaries!
Took a few days to get this change thought out so thanks to stickupboys for the patience and sorry for the delay! I wasn't sure if I'd be sending Hive directly, or bits, or what exactly, but I like this setup we've got because it's very fun for me to do these burns and keep building up the score each day!
We also have the second HP power down reward coming in tomorrow to look forward to:
Burn details:
Rewards from Yonfire #20 are here!
HBD to HIVE:
HIVE to SWAP.HIVE:
SWAP.HIVE to STARBITS:
STARBITS to rsgraveyard2:
Transaction ID
5058896808d69b22b852726c37cc701610a5d434
STARBITS burned today: 2,350,595 STARBITS
STARBITS burned total: 45,881,621 STARBITS
We also have the HP reward comming in tomorrow
Yonfire: A bonfire for Rising Star tokens
This account will make posts and use 100% of the HBD rewards to buy and burn Rising Star tokens in order to help boost the game economy. HP rewards will be saved for voting strength on Rising Star posts and the Curation Trail.
Inspired by what thehive and stickupboys have been doing, and some recent chat on the RS discord.
All HBD rewards received from this post (and all future posts) will be used to buy more Rising Star Tokens. The tokens will be bought from the exchange or Beeswap pool and sent to risingstar2 for reuse. This works effectively as a burn mechanic because risingstar2 can reissue these tokens to players instead of printing more.
HBD will be converted into HIVE - https://hivehub.dev/market/swap
HIVE will be converted into SWAP.HIVE https://beeswap.dcity.io/convert/
SWAP.HIVE will be converted into STARBITS https://beeswap.dcity.io/swap?input=SWAP.HIVE&output=STARBITS
STARBITS will be sent to risingstar2 from the hive-engine wallet
No specific plans at the moment to purchase NFT's or STARPRO but maybe at some point in the future if there is a demand for it. Not sure how long this will last as I am quite busy but this seems to have a positive impact in the community so I'd like to try my hand at it.
Thanks for reading!
(And thanks for any upvotes as they will help to burn more tokens!)
