Explanation and Guide Line for Hot (Near Protocol) Mining Project

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11 Jun 2024
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Explanation and Guide Line for Hot (Near Protocol) Mining Project



Using Telegram wallets and addresses in the format, HOT is a coin on the Near Protocol platform that is currently covertly supported by the exchanges HTX, OKX, and Binance. Simple deposit-withdrawal-transaction 99% will reopen in the future, but HOT is currently closed.I apologize for the referral link in advance, however you can connect your wallet here.I verified that the NEAR input from HTX to the wallet functions and that NEAR can be switched to and from USDT. which I'll tell you more about in a moment.The HOT token's purported "mining" process is incredibly easy. Simply use your wallet to retrieve the coins you have accumulated, initially once every two hours.
Main action button
There are some free transactions from the NEAR bounty that may be boosted by clicking on tasks like "connect to telegram channel" and "subscribe to youtube." Gas is not used on this at first. In the future, transactions can be paid for directly with HOT tokens if you don't want to invest a dime.
Fun point. A few of the transactions I had involved no gas at all, neither in NEAR nor in HOT, save from the fact that these chores are completed instantly upon click (i.e., the user must only subscribe to TG channels). Or perhaps the transaction cost in HOT was so low that it was invisible to the naked eye.You will first receive 0.01 HOT each hour when the store is filled for a duration of two hours. In other words, you will be able to withdraw 0.02 HOT if you visit once every two hours. Indeed, it is insufficient, but these parameters can be made better. The Boost menu serves this function.
Here, everything is really straightforward. The storage is the first priority. You can't take coins out of your wallet as frequently the larger it is.
So far there are 6 levels of storage:
Level 0 — Wooden Storage — 2 hours — free of charge
Level 1 — Metal Storage — 3 hours — 0.2 HOT
Level 2 — Modular Storage — 4 hours — 0.5 HOT
Level 3 — Liquid Storage — 6 hours — 1 HOT
Level 4 — Titanium Storage — 12 hours — 4 HOT
Level 5 — Gold Storage — 24 hours — 10 HOT. The next step is to speed up the coin acquisition process. This is the first thing to become better if you have adequate time to visit your wallet because the increase is linear.
So far there are 5 levels to improve.
Level 0 — Wood Firespace — 0.01 HOT/hour — free.
Level 1 — Stone Firespace — 0.015 HOT/hour — 0.2 HOT
Level 2 — Gas Firespace — 0.02 HOT/hour — 1 HOT
Level 3 — Neon Firespace — 0.025 HOT/hour — 2 HOT
Level 4 — Neon Multi-Firespace — 0.03 HOT/hour — 5 HOT
Level 5 — Gold Fireplace — 0.05 HOT/hour — 15 HOT. Missions is the last line. Very helpful, since fulfilling them multiplies the number of coins that are mined continuously. There are now four tasks available, with a maximum multiplier of x2.
I'll reveal the first trick right now. First mission is not particularly noteworthy. Simply download the app to your phone, import your account (I was able to accomplish this via seed import), and press the execute button.Additionally, there is nothing difficult about a referral. If you are a born hikikomori, you can ask an acquaintance who has Telegram but won't send you a response, or you can invite another TG account =)Yet, there is a small weakness with the two center missions. You must prove to them that your wallet contains at least one USDT and half of NEAR. The most crucial point is that you just need to show up for as long as the mission requires you to; you are under no obligation to always have money in your wallet. The wallet itself may swiftly convert NEAR to USDT, and the cost to withdraw NEAR from HTX is 0.01 NEAR, or roughly 3.5 cents.Thus, the plan is evident. I completed the second mission, switched half of the NEAR to USDT (the swap requires at least 0.2 NEAR in the wallet), moved roughly $10 in NEAR equivalent from HTX, and completed the task for 0.5 NEAR on the wallet. I then returned the money to the exchange. About 0.15 dollars was lost overall on commissions, which is a reasonable amount.There's more to this mission fulfillment gimmick, but more on that a bit later.The second deliciousness is up next. system of referrals. Even while this feature isn't disliked, it can be used to increase popularity, which is why it's practically present in every cryptocurrency game project nowadays.
Once more, it's easy. You receive 20% of the referral's production as a payback. A further 5% of the referral's output is yours. Fortunately, there are just two levels. It keeps you from erecting enormous pyramids with tops valued at millions of dollars.There's also a good button to notify the referral that you can collect coins and that his vault is full. Yes, it conveys a subtle yet endearing sense of importance.Here's a little tip. Once you have a group of reliable friends rather than merely acquaintances, you can assist them in completing tasks so they can get cryptocurrency. It's really easy. You complete it on your own, give it to your friend, who completes it and gives it on. The money is eventually returned to you, and you reapply for it on the exchange. The total losses on commissions are slightly higher, but theoretically they can be profitable since they will immediately raise your income (20% of the referral's income, recall).Let's proceed to the section on the village.
There isn't much to this collaborative content because it was just released. You have the option to start your own "village," join one already established, and invite friends.A total of 5% of each participant's income is gathered in the village store, with the added promise that these monies can be divided amongst participants or used to purchase shop improvements for the town.Additionally, there are data that demonstrate how active the village's users are. All users only need to maintain 100% at least once a day in order to receive coins through "mining." Although bonuses are promised for maintaining high participation, they don't seem to be developed yet.
The amusing thing is that you can effectively create a village out of yourself and receive a 5% mining advantage for nothing. It's a little thing, but it's pleasant.Ways to create your own community? First, open Telegram and create a group. Give it a name. Click Create Village after that. A tg-bot will put you into a chat room. Send him a link to your group by clicking Start. That is all. The village comes into being.The Apps menu comes next. I understand that you will be able to spend your hard-earned loot on applications.
As of the writing of this tutorial, the 20k Hot Boxes app is the only one available.It is, in fact, the first chance to obtain live money as well as a means of withdrawing collected HOT tokens from circulation.There are essentially three types of chests. 1 HOT, 5 HOT, and 0.1 HOT. Various liquid tokens emerge from them. Only USDT for the first chest, USDT and AURORA for the second, and USDT, AURORA, and NEAR for the third.There are 14,000 first-kind chests, 5,000 second-kind chests, and 2,000 third-kind chests available in total.
Although I don't think it makes sense to wait for a significant number of tokens to drop out of the chests, the prospect of such a withdrawal is intriguing.Important point. Using the app requires having a HOT+ tick. If the account has 1+ NEAR, it is immediately added; if the funds are less, it is deleted. Unfortunately. Once more, though, you can play about by putting money in while you use the application and taking it out again when it's no longer needed.
You can also assist your pals in taking part in this.Technical details: You can check all of the transactions and tokens that are available on the NEAR blockchain here.Users have currently got 1,946,464 HOT, which is a significant amount.Furthermore, the technical account is the only one with a balance above 10,000 HOT, with only 18 other users having a balance above 1000 HOT.The blockchain indicates that there are roughly 1.5 million users, which raises the prospect of a reasonable token value at listing.Why you should give it a try.
No outlay of funds. Simple to use (works in TG immediately)takes a minimal amount of timeUnlike the same NOTCOIN, token issuance is quite minimal.Money can already be withdrawn, but only in the form of game chests.Theoretically, at the time of listing, the introduction of a referral system with faster mining speed can draw in bot farm operators, who will purchase tokens to quickly enhance their own accounts. Price spikes are possible at that point, which would be advantageous for making money.

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