RE: Burned tokens, rewards, and inflation summary December 10, 2022 - Total burn estimates: 189K STEEM/SP and 64 SBD

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Burned tokens, rewards, and inflation summary December 10, 2022 - Total burn estimates: 189K STEEM/SP and 64 SBD

in blockchain-metrics •  2 years ago 

In order to promote a post, SBD must be burned. The way to do it is to send SBD to @null with a comment of @author/@permlink. Doing that makes the post appear in the /promoted page.

When rewards are burned for #burnsteem25 by setting a beneficiary to @null, a mix of STEEM, SBD, and VESTS (Steem power) will get burned. Right now, since the blockchain is not printing new SBDs for author rewards, it's just STEEM and SP, but if/when the price of STEEM gets high enough to start printing SBDs again, those will be burned, too.

blockchain-metrics burnsteem25
2 years ago by

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      ·  2 years ago 

    Yes, it's formed in my head now. Thank you Steve. :)

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
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