BHero Ticket System – Explained

$BHAT – The Primary Token for the BHero Launchpad

The first thing to note is that $BHAT will be the primary token for the level system, and without it, you cannot participate in any launchpad project without staking $BHAT.

EGLD will take a stand in your ticket allocation, but only at a small ratio, and you still require staked $BHAT, no matter how much EGLD you have or where it is staked.

The only staking that is indefinitely available and will count towards your BHero EXP is on https://maiar.exchange/metastaking.

Ticket Allocation Levels

Leveling up your BHero ticket allocation uses an algorithm based around $BHAT and $EGLD.

If you have less than 1,000 Staked BHAT during a snapshot, no EXP will be distributed that day, and, as a result, the burn will decrease your total experience.

Here is an approximate breakdown of how BHAT and EGLD staking will influence your levels

  • 70% BHAT.
  • 20% EGLD at stake on MGStaking.
  • 10% EGLD at stake on any other staking provider.

The more BHAT you stake, the more EXP you gain, and the faster you increase your level on BHero, providing you with higher ticket allocation for the next launchpad project, which is almost here!

Future BHAT Staking Use

The $BHAT staking system will also count towards a similar rewards system in the upcoming BH Network freelancer marketplace, allowing buyers and sellers to reduce fees down to zero, in some cases permanently.

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Unstaking $BHAT

Always be sure that you want to unstake your BHAT before you do, as any unstake will lead to an instant burn of 40% of your level.

For example: If you are at BHero level 10 before unstaking and you unstake any amount, your level will instantly drop to level 6.

That mechanism will work for every unstake that you complete.

  • For example: If you are at BHero level 10 before unstaking the first time, you will drop to level 6, as pointed out above. If you unstake again, you will drop another 40%, taking you to level 4.

That level burning mechanism keeps bad actors away from the BHero Launchpad and future projects and satisfies long-term shareholders.

The best way to avoid the level burn mechanism is to have a different wallet address that you do not touch, other than for gaining EXP on your BHero level.

Note: The maximum level that you can reach is LV40. Level 40 will give you eligibility to buy 40 tickets.

Remember, you can always stake more BHAT or EGLD with that wallet to increase your level.

The BHAT Ticket System Conclusion

Remember:

  • You cannot participate in any future BHero launchpad without at least 1,000 $BHAT.
  • EGLD stakings only increase your BHero level if you are simultaneously staking 1,000+ $BHAT.

Please visit the technical article that includes all formulas to learn more about the level system.

Disclaimer:

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of BHero. We are not responsible for the content of any Third-Party Site, including any link contained in a Third-Party Site or any changes or updates to a Third-Party Site. BHero only provides these links for your convenience. The inclusion of any link does not imply endorsement, approval, or recommendation by BHero of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is essential to do your own research and analysis before making any material decisions related to the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of BHero.

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