One collectible. More to do with it.
Proof Hunters brings together proof-of-work mining, pixel-art NFTs and basket backing. Hunter Bloom adds borrowing to that same object.
This is the approved product design, currently being built. The new mining, backing and lending flows are not presented here as live services.
1. Mine your Hunter
Choose a supported basket and run the miner. Your computer searches for a valid proof. Under the new design, an accepted product proof mints a Hunter while collection capacity remains.
Mining produces the NFT. It does not pay a separate HUNTER token reward. Faster hardware can have an advantage, and another miner can submit a valid proof first. Work and network fees do not guarantee a successful mint.
2. Give it a basket identity
Each Hunter uses one basket type. A basket-share token represents a claim under that basket’s rules on a collection of underlying assets. Different Hunters can use different supported baskets.
Choosing a basket does not put money into it. Only actual deposited tokens count as backing.
3. Add backing from real funding
The project allocates 50% of distributable ecosystem income to NFT basket backing. It uses that budget to acquire supported basket shares and deposit them into the backing vault. Initial funding is manual and recorded.
Daily rounds give every eligible Hunter an equal acquisition budget. Rarity does not increase its share. Funding can be small, late or zero.
4. Hold, transfer or redeem
Funded backing stays attached to the Hunter. When it is sold or transferred, its attached backing and unfinished allocation rights go with it.
Ordinary redemption burns the NFT and returns its available basket shares. The Hunter is destroyed. Redeeming those shares for underlying assets is a separate basket operation.
5. Explore Hunter Bloom
Bloom is the planned way to use a Hunter to access loan funds. You can offer the whole NFT as collateral, or authorise a loan against selected basket backing. Those choices carry different loss risks.
A supported basket does not guarantee an available loan. Actual borrowing depends on a compatible market, accepted collateral and someone supplying funds.