Hello dear.

Your explanations about the Token Burning are very much clear. You have a good knowledge of the blockchain burning technique. This is done to gather various advantages.

The token burn was implemented to reduce the circulation supply of the crypto asset, and also to prevent a project from FUD, where in this case, the circulation supply reduces, then the project could eventually catch up with high demand.

Yes, you are very right here. The main purpose behind the Token Burn is to reduce its circulating supply and hence improving the price of the token because of the high demand.

Yes, the burnsteem25 innitiative is very beneficial for the growth of the platform and Steem token.

Thanks a lot for your precious post. I wish you good luck.