You are viewing a single comment's thread from:
RE: Steemit Crypto Academy Contest / S5W4 - Token Burn
Token burn is a technical mechanism that requires the permanent removal or burning of some particular amount of crypto tokens from circulation.
That's very true, token burn are done through special wallets and everything that enters that wallet are their forever and can not enter the market again.
I also believe that Steem token will maintain its price through the burnsteem25 program because this reduces how much Steem is released into the circulating supply.
Exactly