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

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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}