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Update on burnbot9000 Project [This Is Not A Burn Post]

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mrtats
@mrtats
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A Quick Update

It has been over a month since burnbot9000 was brought online and it has burned over 1.2k LEO. We had a day or two downtime where no LEO was burned due to issues with Hive-Engine rewards, other than that it has been going swimmingly. I would like to thank everyone who had been upvoting the burn posts.

Unfortunately, it would take a long time for burnbot9000 to become self-sufficient at current rates. That brings me to what I really wanted to discuss and propose to you. As I thought making any change to the rates without asking you and discussing it would have been dishonest.

I thought about changing the burn rate to 80% and increasing the delegation rate to 19%. Let me know if this is the right way forward.

Also, I like to mention that all HBD received by burnbot9000 through burn posts are used to buy LEO to be burned according to rates. This information was not written in the burn posts, but I would also include it going forward.

Thanks for reading, and feel free to give your thoughts.

Posted Using LeoFinance Beta