Click buy. You just mined.
That's 2010 Bitcoin. Home PC. No farm. No GPU. The computer you already own. That's how early $HBTC is.
Then a miner shipped. The laptops kept running. They just got farmed.
CPU era. The first one.
Not for long.๐ง๐ฉ
The Burn Net is holding 6.880 ETH.
โ $16,720 at the current ETH price.
Every swap pays a toll โ buys and sells, same rate. That electricity does not go to a team wallet. It goes into the Burn Net. All of it.
Not in a treasury. In pendingToNet(). Read it yourself.
Don't trust, verify.
1. Open the hook (verified):
https://t.co/Gn7Y09tI46
2. Contract โ Read contract.
No wallet needed. This is a view call.
3. Find pendingToNet() โ Query.
The return is wei. Divide by 10^18.
6880061220109529211 wei = 6.880 ETH.
That is the ETH in the machine right now โ every swap's toll, waiting on the next heartbeat to hang as bids.
4. Same page: totalUnfilledEth() โ Query.
That is ETH already sitting on the wall as bids.
Right now it returns 0.
5. Same page: totalTollCollected() โ Query.
Divide by 10^18. Lifetime electricity paid by traders. It should equal the wall + pending + already spent + keeper dust.
6. Same page: totalHbtcBurned() โ Query.
Divide by 10^18.
112494463344178388615882 = 112,494.46 $HBTC gone. Forever.
There is no withdraw. Anyone may poke(). Anyone may harvest(). 100% of the catch burns.๐ง๐ฉ
$1B on the chain. The engine is here.
What it still needs is a river from Ethereum.
That's what $HBTC is for. Mainnet in. Bitcoin-schedule out. On 4663.
The ocean is bigger than this chain. We're going to drink from it.๐ง๐ฉ
@lenimNFT it's not a tax. it's electricity.
no owner. no admin keys. nobody can lower it.
1โ10%, retargeted every 144 blocks. buys are hot โ ceiling.
Every swap is a hash.
Every swap is mine.
Every swap is Hooked.
PROOF OF SWAP
Don't trust, verify.๐ง๐ฉ
10,000 BTC bought the pizza.
10,000 $HBTC buys the pizza.
Lessons there: Nobody remembers the pizza. Everybody remembers the coins.
Don't spend the mine on dinner.๐ง๐ฉ
The engine room is now glass: https://t.co/KwBGLtqgu6 โ minted vs burned, every wei of toll tracked, armor, work, fees, all read live from the hook. Plus a mining calculator that quotes your share of the current block.
About ฮบโ = 0.00 on the page: ฮบโ is armor โ how much of the float the deepest rung of the Burn Net can buy and burn alone. It's zero because the net just fought. Sellers crossed the whole wall, harvest() burned the catch โ 112,494 $HBTC gone forever. The wall is empty because it was spent. As designed.
Since then 5.71 ETH of tolls have queued for the rebuild โ 3ร everything the net has ever fired.
Re-arm: next heartbeat, Aug 22 ~07:19 UTC, if price is back inside the anchor's band. Worst case the stall-escape re-anchors one beat later โ Aug 23 ~07:19 UTC โ and the wall lays regardless.
No owner. No admin keys. The clock is the clock.
There is no zero-fee address.
The 0% you see is the pool LP fee. The hook still charges a toll on every swap. Buys pay. Sells pay the same rate and get zero work. A round trip is a loss by construction.
Work on Claim is that toll. Paste any miner. Look it up.
Don't trust. Verify.๐ง๐ฉ
https://t.co/q7bvHKVEFf
Receipts. Don't trust. Verify.๐ง๐ฉ
Burned โ 112,494.46 $HBTC
6,815.33 $HBTC https://t.co/R8pU6YDbTL
3,504.52 $HBTC https://t.co/Fi46YPePX3
4,096.14 $HBTC https://t.co/yvKOS87gK3
98,078.48 $HBTC https://t.co/gcShk3Sgub
Lifetime burn: totalHbtcBurned() https://t.co/Gn7Y09tI46
ETH in the net right now โ 5.27 ETH. All of it is the backstop.
In transit: pendingToNet() On the wall: totalUnfilledEth() Same contract, same tab: https://t.co/Gn7Y09tI46
Watch the net: https://t.co/VQjWMPOfuD
The first Burn Net succeeded.
112,494.46 $HBTC burned. Forever.
Generation 0 is closed. Sellers walked โ10%, โ15%, โ20%, โ30%, โ40%, then โ50%. harvest() pulled the trigger. Those coins do not exist.
The machine spent 1.876 ETH of toll buying that dip. 100% of the catch burned. Not a treasury. Not a reserve. Not sitting in a wallet with a story.
That's the first net. It worked.
The second Burn Net is already funded.
5.27 ETH is in the net right now.
All of it is the backstop. Nobody can pull it. There is no team wallet. It can only hang as bids and burn. 100%.
Now do the math.
Market cap: ~$3,800. Backstop in the net: 5.27 ETH.
First net: 1.876 ETH of bids, fully crossed, 112,494 $HBTC gone from supply. Second net: more than twice the ETH, against a smaller market. Every wei is there to catch the next dump.
This is Bitcoin's first bear. 2011. The first time it ran, the first time it got cut down, the first time everyone who needed a story left. The blocks kept landing. The cap didn't move. Nobody important was paying attention.
$HBTC is days old. The first generation already burned. The second net is already funded. The room is that small.
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.๐ง๐ฉ