20% Fixed Profit For Burning VAULT Tokens To @VAULT.BURN - Latest Update

[hiveupme]

Hello Hives,
Now it's time to share the news of our latest Curation bot feature - Burn VAULT Tokens to receive 20% - Fixed Profitable Upvote via @hiveupme curation bot.

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How Burn-To-Upvote Works?

I hope you can remember how "bid-based votes" - bid bots, works at STEEM time. Here we are following some features of that concept, but the process differs from that mechanism.
Because here you can't find a bidding pool. What you can do is, send VAULT Tokens to @vault.burn & it will share an upvote that might be worth 220% of the sent amount. That means you might receive a 20% profit for that vote request.
Moreover, this mechanism will burn VAULT Tokens & it will share 70% from burnt VAULT Tokens worth SWAP.HIVE between delegators.

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Steps to Burn-To-Vote

First of all, you should aware the author is Whitelisted at @hivewatchers, @spaminator watchlist. We are referring to the Spaminator API to retrieve Blacklist authors & we also keep upgrade the version of that list with our own Blacklist.
Accidentally, if you send a Blacklisted name, we refund you up to 3 times. Then there will be no refunds.

We hope now you are ready to go forward!

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• Step 01: Go to HIVE-ENGINE
• Step 02: Select VAULT TOKEN & Click "Send Tokens"
• Step 03:
  • Send to vault.burn
  • Add amount more than 5 VAULT TOKENS
  • Add Hive Post memo as following example :- https://peakd.com/hive-174578/@acidyo/some-thoughts-and-ideals-on-our-community-incubation-and-the-community-curation-reports
  
• Step 04: Now Click "Send VAULT"

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The Process

• Step 01 : Check Author is in the Blacklist or not
• Step 02 : Save to the Database
• Step 03 : Check the latest bid to burn from Database
• Step 04 : Check Vote Power reach the minimum Vote value, then calculate the Vote Value
• Step 05 : If sent bid amount more than Vote Value, Full weight upvote & refund the extra
• Step 06 : If bid amount less than Vote Value, calculate Vote weight & upvote
• Step 07 : Burn bid VAULT amount to @null
• Step 08 : Share 70% of Bid value between delegators

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Limitations

• The post should not exceed 12 hours from it's created time.
• 3 times max refunds.
• The lowest bid to burn is 5 VAULT Tokens.
• Posts upvotes use First in first out mechanism.
• The maximum waiting time should be 22 hrs. (Then refund happens)
• You can only share posts, no comments will get an upvote.

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Delegators Benefits

• 95% Curation Rewards.
• Delegators can earn free upvotes. (High probability to receive free votes)
• 70% Burnt Tokens worth SWAP.HIVE will share between delegators.

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Refunding Process

Yes, we have created one of the best refunding processes if Burn-to-Vote failed. If any issue, please contact us here or at Discord.

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^{"Delegate @hiveupme Curation Project To Earn 95% Delegation Rewards & 70% Burnt Token Rewards In SWAP.HIVE"
Contact Us : CORE / VAULT Token Discord Channel}

Comments

[zirky]

Hello. I've been rehearsing a few times lately. But the function doesn't seem to be working. I am considering ending the delegation.

[theguruasia]

Hi @zirky,
I did a manual refund of 20 VAULT that you sent 10 days ago. The burn-to-vote function is temporally disabled.
Ending the delegation is up to you. To use this feature, you won't delegate at all. If you delegate more (example:- 1000 HP+) your posts will follow @hiveupme mentor votes. So you will get a higher chance of receiving upvotes for the good content. (You will receive 95% curation rewards too)
$WINE

Thank you~

[zirky]

Thank you for answer. I delegate a significantly smaller amount. About 130 HP. I liked to use the vault.burn function to occasionally enhance (not only) my posts. So maybe it will be fixed soon, or it will be possible to use the delegation differently.

[theguruasia]

I think delegate more than 500 HP might be profitable.

[zirky]

Thank you. I'll try it.
!WINE

[wine.bot]

^{Congratulations, @zirky You Successfully Shared 0.100 WINEX With @theguruasia.
You Earned 0.100 WINEX As Curation Reward.
You Utilized 1/1 Successful Calls.}

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^{Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.316}

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^{Swap Your Hive <=> Swap.Hive With Industry Lowest Fee (0.1%) : Click This Link
Read Latest Updates Or Contact Us}

[wine.bot]

^{Congratulations, @theguruasia You Successfully Shared 0.300 WINEX With @zirky.
You Earned 0.300 WINEX As Curation Reward.
You Utilized 3/3 Successful Calls.}

---

^{Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.316}

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^{Swap Your Hive <=> Swap.Hive With Industry Lowest Fee (0.1%) : Click This Link
Read Latest Updates Or Contact Us}

[jjprac]

Hi, can I be a delegator while using Vault token burning?
Can I be both?

[theguruasia]

@jjprac,
Yes you can delegate & burn-to-vote. That means you can earn VAULT via delegation, then you can burn it for votes (20% fixed profit), finally you can 70% (through delegation pool) from burnt VAULT worth Swap.Hive.

Later we will add a new feature that might share 20% - 100% random vote for delegator's one post per day. (A limited edition) That might be an additional profit for @hiveupme delegators as well.

Cheers~

[jjprac]

That's great, thanks for the reply.

[jesustiano]

Done, my very firts one to see if it works and how it works :D 10.7 vault send to vault.burn :D

[hiveupme]

^{Congratulations, @hiveupme Your Post Got 100% Boost By @hiveupme Curator.
@theguruasia Burnt 6.501 VAULT To Share This (20% Fixed Profit) Upvote.}

^{"Delegate @hiveupme Curation Project To Earn 95% Delegation Rewards & 70% Burnt Token Rewards In SWAP.HIVE"}

^{Contact Us : CORE / VAULT Token Discord Channel}

[hivebuzz]

Congratulations @hiveupme! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You published more than 10 posts. Your next target is to reach 20 posts.

_{You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP}

To support your work, I also upvoted your post!