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RE: Steemit Crypto Academy Contest / S5W4 - Token Burn

in SteemitCryptoAcademy3 years ago

Burnsteem25 should be something that continues to reduce the excess of Steem tokens in the circulating supply until when Steem will be scarce when the inflation rate hits 0.95%, estimated to be 2031.

The amount of Steem that can be earned at that time will be very reduced to now, then it may not be too required to burn them through our posts again because the creation of the new tokens will be low then to create a supply-demand balance which will help the value of Steem to skyrocket. Thank you very much for reading my post ma.

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Great answer! Thank you. 🎕

 3 years ago 

You are welcome ma. I'm sorry I am replying late, I have been very busy at work these days.

No problem. I didn’t expect you to reply 😊