RS Burn Engine: Daily Report #8-9 My Fault, a Missed Post & a New Proposal! 🚀

rs-burn-engine in Rising Star Game • 3 days ago

Rs Burnig Logo.png

Greetings, community! Welcome to Our (almost) daily Report #8 & #9.

Well, first things first. Yesterday was Our first time missing a daily post. Things got wild IRL, and it was completely impossible for me to get it done. My apologies for that.

So here we are with a double post today 8 and 9.

Yesterday, we executed our first STARBITS purchase with the project's funds, as you can verify on the blockchain.

To compensate for my mistake of the day before yesterday, I added a 1.5 Million STARBITS purchase from my own pocket.

Post 8 my fault 1 .png

Since I missed yesterday's post and it's my fault again.

Here is how I'm going to make it right for the project and all who trust this initiative:

Another Contribution: Today, another 1.5 Million STARBITS purchase from my own pocket as compensation.
This Post is Worth Double: In 7 days, when we get the payout from this post, I will personally match 100% of the HBD and HIVE rewards it generates. Essentially, your vote on this post is worth twice as much for the burn!

Here’s the proof of today's 1.5M STARBITS purchase:

Post 9 my fault 2 .png

Now that we're up to date on what happened and how we're compensating for it, let's get back to the normal report.

The On-Chain Report (Posts 8 & 9)

Here is the breakdown of the conversions from our first two payouts.

Post #8 Transactions:

1. Rewards Received:
Post 8 Rewrds .png

2. HBD to SWAP.HIVE:
Post 8 exchange.png

3. SWAP.HIVE to STARBITS (SB):
Post 8 exchange 2.png

Post #9 Transactions:

1. Rewards Received:
Post 9 Rewards .png

2. HBD to SWAP.HIVE:
Post 9 exchange.png

3. SWAP.HIVE to STARBITS (SB):
Post 9 exchange 2.png

Today Thoughts: A New Proposal

After all these transactions, we currently hold 7.6 Million STARBITS ready to burn. This makes me think about the best way to help Rising Star in the long term. I've considered what other projects are doing and have analyzed a few options:

Buying NFTs from the market: This is good, but the STARBITS go to another player who might just dump them on the market again, neutralizing the effect.
Burning STARBITS directly: We could send them to the graveyard, but since STARBITS aren't a limited token, this only provides half the benefit.
Sending STARBITS to a project wallet: As @risingstar2 This is a much better option, as the funds can be used by Jux as he consider the best.

But what if there's a way to send STARBITS back to the game AND burn NFTs at the same time?

This led me to what I believe is the best possible option: Use the STARBITS to open packs.

With this method, the STARBITS go back into the game's economy (same as third idea), AND we get brand new NFTs that we can then send to the @rsgraveyard2 account. This would reduce the total supply of cards, creating scarcity and supporting card values. It feels like a win-win.

I would love to get feedback on this. Specifically, I'd like to ask @risingstargame:

Can you confirm that this "Open Packs & Burn NFTs" method works as I think it does and if is indeed a good way to support the game?
Since I'm a player and I can't have two accounts, would it be possible to get special permission for the @rs-burn-engine account to open packs for the sole purpose of transferring the resulting NFTs to the graveyard?

How Does The Engine Work?

Note: Our method is evolving based on the new proposal above!

Publication & Support: Every day, this account will publish a transparent progress report. The community supports it with their votes.
Fundraising & Purchase: 100% of the liquid post rewards (HBD) will be used to buy STARBITS directly from the market.
Executing the Burn: Our proposed new method is to use the STARBITS to open card packs and then burn 100% of the NFTs received. We are awaiting feedback from the Rising Star team on this strategy.
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.

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

Thank you again for your trust and understanding. The engine is running, and with your help, we're finding the best ways to 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

3 days ago in Rising Star Game by rs-burn-engine

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hivebuzz 3 days ago

Congratulations @rs-burn-engine! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

	You received more than 4750 upvotes. Your next target is to reach 5000 upvotes.
	You received more than 10 HP as payout for your posts, comments and curation. Your next payout target is 50 HP. _{The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD}

_{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}

Check out our last posts:

Hive Power Up Day - July 1st 2025

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diegoloco 3 days ago

Abrir paqueteses tiene el mismo efecto que mandar los starbits a risingstar. De hecho cuando compres los packs, le das los starbits. No se reduce el stock de nfts. Lo que provocas es que los nfts que mandas a quemar queden con un menor supply real, pero cuando se agoten en los packs ingresan nuevas tarjetas de reemplazo. El stock total de nfts circulando es el mismo antes de comprar los packs y despues de quemar.

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rs-burn-engine 2 days ago

¡Hola! Muchas gracias por tu comentario. Es bueno saber que cuando compramos paquetes de cartas, los fondos van a la cuenta de Rising Star.

A lo que nos referimos es que la oferta de NFT disponibles se reduce. Todas las cartas en los paquetes ya tienen un límite, pero si abrimos paquetes y obtenemos una carta legendaria, esa oferta en realidad se vuelve más pequeña porque esas cartas no se usarán en el juego. De esta manera, también podemos rotar las cartas más antiguas para que no sigan acumulándose en los paquetes.

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stickupmusic 2 days ago

We like to have fun with it and have done all 3 options so far! Not sure which helps best but it is good fun and all helps!. Thank you for doing this

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1 vote

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rs-burn-engine 2 days ago

Good to hear You, and of course all help counts.
Everything we do on each project is for the good of the game.
Thank You for all you have done!!!

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2 votes

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risingstargame 2 days ago (edited)

That is very kind of to burn your own SB. You really don't have to do that. Life gets in the way sometimes!

The opening packs and burning the cards is an interesting idea.

I was going to ask the question in discord but actually I am not sure it is the best idea. What everyone really wants is for the SB price to go up. So the most immediate way to do that is to buy and burn the SB.

I am also working on building the game's treasury, as you know, and that should allow us to buy back SB in the future but we are still not in a position where we can do that consistently so anything that helps with that right now is very welcome.

EDIT: OK I'm being dumb, you still need to buy the SB to buy the packs! DOH!
So it is a reasonable idea. It would at least give you some content for the posts as you can show the cards you got. If you get a legendary it will show up in Discord too.

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rs-burn-engine 2 days ago

Thank you very much for your words. Regarding contributing our own funds, I think it's only fair, as the entire community is contributing to make this project succeed. So, it seems only right to show that we also want to contribute, and when we fall short, the community deserves something in return.

And yes, as you mentioned, the idea is to buy Starbits from the liquidity pool, deposit them into the game, buy packs, and then burn the NFTs. This way, we believe we are supporting various areas of the game.

buy packs .png

Also I wnat to let you know that, we need to complete missions on the account until we reach level 10 so we can buy packs. These will be the only missions this account will undertake. Thanks for all.

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