Steem experiment: Burn post #475

in #steem • 5 years ago

Burn post for October 30. Rules and update

To provide additional support, vote for the @burnpost comment(s) below.

To view proof of burn, visit https://steemd.com/@burnpost

#experimental #burn-post
5 years ago in #steem by
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     5 years ago 

    Rewards from this comment #1 will be added to the post rewards for burning

    [-]
     5 years ago 

    what's going on and what are you trying to achieve :<?

    [-]
     5 years ago (edited)

    Reduced inflation, less selling pressure on STEEM, and increased difficulty/competition for rewards especially self rewarding and group rewarding.

    Another aspect is helping the SBD peg when SBD is overvalued (worth more than 1 USD), but that doesn't come into play right now.

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