It's time to say goodbye [The Terra.sinkhole Project Shuts down]

@terra.sinkhole · 2025-06-15 20:15 · terracore
![The Terra.Sinkhole Project.png](https://files.peakd.com/file/peakd-hive/terra.sinkhole/23zGo2weKsYZrw5GT8o8PVp4FHk9s2AUV6kPA1E4FTEFDcLywMuNt4ChmQTD8yMA7QnFT.png) This project has given us the answer to question whether grassroots project with little funding can make a change for web3 game on Hive. The answer is: the Hive blockchain has given us tools that make that possible, it's me who failed. Of course one might mitigate his failure with points about the @terracore lack of development or ``paste any reason here``, but it's all just excuses. I don't think I used tools provided by Hive in wrong way, but I guess I used them not often enough. Maybe if I was more active and put more time into, the Project would have been in a different place. However, even if I did, it still would be hard to keep up to secure the price of a token loosing it's value 15-fold... Yes, it's ÷15 in comparison to Hive. It's even worse if you count it in USD. The game itself also suffered because of it - the game was never about profitability, the dev made that clear from the very beginning, but some parts of the game became inaccessible for most of the players. Me personally, I hold the top 28th position of the game and I am unable to mint crates, get new equipment, do quests nor explore planets. This post isn't about the game's economy though. ![1000006600.jpg](https://files.peakd.com/file/peakd-hive/terra.sinkhole/EoASvi64jcJ7izrq83sQE8118MkEu2rv43URyFRwz75aYBDAcw3r32H3cJimScvnGak.jpg)

There is one thing I want to boast of - This project has over 3% of scrap liquidity in pools.

You also should take into account that diesel pools with scrap have transactional volumes greater than liquidity and I think it is uniqe.

So what's the plan?

I guess it's an end so I suggest the following: 1. Undelegate all HP (7 days) 2. Ustake Total 'HP - 10 HP' (13 weeks) 3. Convert Hive into swap.hive 4. Swap Hive for scrap 5. Burn scrap (I was wondering if transferring the funds to my player account would be a transgression), for now - even though it's tempting, I will simply burn it all aby sending it to @null [You can read about the rules of the project here](https://peakd.com/hive-167922/@jocieprosza/lets-flip-the-trend-terrasinkhole-project-announcement)

How did we do?

| statistic | value | change since last report | |--|--|--| | HP |310.072   | +29.184 | | Delegations | 1,242 |-38 | | Hive account value | $88.15  |−$3.43 | |Scrap burned  |0  |0| | Scrap in LP | 334728 |+222293.5182 | |Hive in LP  | 11 |-4| ![1000006604.jpg](https://files.peakd.com/file/peakd-hive/terra.sinkhole/23swg9tqvDJTqWiQ9Xda7AFCiGvRh7kJ5aPXcwTxYdQ1RAgQZTKpBjpYbRsWQhad7iZ6B.jpg) ![1000006602.jpg](https://files.peakd.com/file/peakd-hive/terra.sinkhole/23tRqvR5WDQcupw5B5ysexTDN8HqHf1Kjc73NVVBrkS5M9sBYR5Z48JRLZDJiLwK11UBP.jpg) ![1000006606.jpg](https://files.peakd.com/file/peakd-hive/terra.sinkhole/23swkEyGy2tCNVBDDWGtdmqYY9cZmdWMudushmq1DoCDfhCHmqXiCqVJLUQPcDG3ikXHQ.jpg) ## There's an interesting idea ![1000006608.jpg](https://files.peakd.com/file/peakd-hive/terra.sinkhole/23swnXUHtgjtHiiiN1nrnhuvcSTxnzYkbEmN2QtXQYTdQErwVDGdQrsuAfMfA4T72jw26.jpg) ## Why should you care? For those playing the Terracore the answer is obvious - it may help your game. Those not playing might benefit from this Project as well, because it: 1.  Proves Hive usecase, 2.  Shows and proves (if succeed) the solution to issue of game token depreciation, 3.  Takes some Hive out of circulation - staked HP is not on the market being sold. by @jocieprosza
#terracore #leofinance #pimp #tribes #splinterlands #bbh #sportstalk
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