Near Wallet How to mining HOT
What is HOT ?
HOT is a central piece for the NEAR ecosystem inside Telegram.Because of meta-trasaction,using HOT lets you do real transactions on the blockchain,play games,using apps,and use to pay for transfers.Its a Layer 1 blochain tokens.
In the future HOT just don't work the NEAR ecosystem.After chain abstraction starts in Q2 2024 people to be able use HOT to do the transaction on ETH and other networks that are like ETH.
How to start mining HOT ?
First of all you have to create a wallet and get your first free HOT when you click claimAfter you have received first HOT the mining is starts,but it will stop when the storage is full.You have to claim when the storage is full.
How to storage system works ?
First users have very small fire and every 2 hours user needs to make sure to claim it.For this purpose there is a Storage indicator.Once the indicator is full HOT mining will be stopped until the users claim them.
Total the 6 levels of storage
Level 0 ->Wooden Storage ->2 hours Cost=free
Level 1 ->Metal storage->3 Hours Cost=0.2 HOT
Level 2 ->Modular Storage->4 Hours Cost=0.5 HOT
Level 3 ->Liquid Storage->6 Hours Cost=1 HOT
Level 4->Titanium Storage->12 Hours Cost=4 HOT
Level 5->Gold Storage->24 Hours Cost=10 HOT
My wallet storage level is 3 is a Liquid storage
There are 3 ways to increase mining speed ;Fireplace,wood,refferal system
Fireplace
There are 5 levels of fireplaces in total
Level 0 = Wood firespace=0.01 HOT/hour=Free
Level 1 = Stone Firespace=0.015HOT/hour=0.2HOT
Level 2 = Gas Firespace=0.02 HOT/hour=1HOT
Level 3 = Neon Firespace=0.025 HOT/hour=2HOT
Level 4 = Neon Multi-Firespace=0.03 HOT/hour=5HOT
Level 5 = Gold Firespace=0.05 HOT/hour=15HOT
Wood
Woods are used to significantly boost HOT mining.To get the multipler user needs to complete various missions.I complete all missions right now.
Refferal System
The most effective way to mine HOT is inviting friends.Yout get an extra %20 after each claim made by your direct refferal and %5 after each claim made by those invited by your refferal.
To invite a friend,click on Friends and send the link to your friend.
Thats My refferal link
t.me/herewalletbot/app?startapp=473388
Claim HOT
HOT is indeed recorde on the blockchain (on chain)once you claim it.For each HOT claim you need to pay network fee.Since the app use a NEAR Protocol and the network fees are very low(0.005$)and are deducted for each transaction in $NEAR token.Initially 3 free transaction the app gives user.