RS Burn Engine: Daily Report #27 Some Questions Arise....

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Greetings, Community! Report #27

Today a quick post.

I read @yonfire2 latest post, and I really like the new approach he is taking. However, it brought to me a new question: I'm not entirely sure how the @rsgraveyard2 account works.

Our original plan is to burn all the NFTs We get from pack openings. Our goal is to reduce the supply of new cards and minimize news about them, while simultaneously using the Starbits We buy from the liquidity pool to get more packs.

What We aim to achieve with this is:

  1. Create buying pressure on Starbits: This helps stabilize their price.

  2. Reduce the supply of new cards: This also helps rotate new collections, especially since each time fewer people have been opening packs after last changes.

So, this leads me to wonder about the "graveyard" account. Will the NFTs sent there be used in the future? And how will they be used?

I know Jux ( @risingstargame ) will always do the best for the game in the long term, but it is important to understand what this means and how We can align with his vision.

Today's post ended up not being so quick after all!

Now, let's take a look of today's report.

The On-Chain Report (Post 27)

Here is the breakdown of today payouts.

Post #27 Transactions:

1. Rewards Received:

Post 27 Rewards .png

2. HBD to SWAP.HIVE:

Post 27 Exchange 1 .png

3. SWAP.HIVE to STARBITS (SB):

Post 27 Exchange 2 .png

How Does The Engine Work?

  1. Publication & Support: Every day, this account will publish a transparent progress report. The community supports it with their votes.
  2. Fundraising & Purchase: 100% of the liquid post rewards (HBD) will be used to buy STARBITS directly from the market.
  3. Executing the Burn: Our new method is to use the STARBITS to open card packs and then burn 100% of the NFTs received.
  4. Verifiable Burn: All resulting NFTs will be sent to the @rsgraveyard2 account. This action is irreversible and permanently reduces the total NFT supply.

Join Us and Be the Fuel for this Engine!

This project only makes sense with community participation. Your support generates the rewards we use to power the burn.

  1. ⛽️ Follow the @rs-burn-engine account to never miss a report.
  2. 👍 Vote on this post. Remember, this one is worth double!
  3. 🔁 Reblog this post so our proposal can reach every corner of the community.
  4. 💬 Comment with your ideas, your feedback on our new strategy, and your support.

Thank you again for your trust. The engine is running, and with your help, we're make it more powerful.

Please, support today's post to build up a strong fund for next week's burn!

risingstar hivegaming burnpost risingstargame pimp archon thgaming pob hive-engine neoxian
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