$HOT

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#HOTMining #hot #TrendingTopic

How to mine HOT

HOT :

HOT is a central piece for the NEAR ecosystem inside Telegram. Because of meta-transactions, using HOT lets you do real transactions on the blockchain, play games, and pay for transfers. It is the first FT that has the functionality of native L1 blockchain tokens.

In the future, HOT won't just work with NEAR Ecosystem. After something called Chain Abstraction starts in Q2 2024, you'll be able to use HOT to do transactions on Ethereum and other networks that are like Ethereum.

How to start mining HOT :

The mining process starts as soon as you create a wallet and get your first free HOT when you click "Claim".

After you have received your first HOT the mining process starts, but it will stop when the Storage bar fills up.

Referral system :

The most effective way to mine HOT is by inviting friends. We've set up a two-level referral system. You get an extra 20% after each claim made by your direct referral and 5% after each claim made by those invited by your referral.

To invite a friend, click on "Friends" and send the link to your friend.

Claim HOT:

HOT is indeed recorded on the blockchain (on-chain) once you claim it. For each HOT claim, you need to pay a network fee, also known as gas. However, since we use the NEAR Protocol, network fees are very low (around $0.005) and are deducted for each transaction in the $NEAR token.

Initially, you have 3 free transactions (we cover the gas for you). However, afterward, to claim HOT, you have 3 options:

1. Top Up NEAR

Simply add NEAR to your address.

2. Cover gas-fee in HOT

We caution that you can do this, but it's more cost-effective to use NEAR for covering network fees.

3. Complete Missions

Complete special missions and earn free transactions.

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