"Contest: How do I contribute to burnsteem25 project."

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Hello everyone, on this occasion I would like to participate in the contest How do you contribute to the burnsteem25 project organized by the Steem4Bloggers Community.

The 10% prize was awarded to @hive-109435

▶️ What do you know about the Burnsteem25 project?

We all know or have heard the economic law of supply and demand, if the demand for an item increases while the amount of supply available is small, the price of an item will increase. Likewise with the Burnsteem25 project, this project aims to reduce the number of steem coins circulating in the market by burning them. The more steem coins that are burned, the number of steem coins will decrease and the price will increase.

The steem burning project is a project that aims to burn or reduce the number of steem coins, the more the coin is reduced or scarce, it is expected that the price of the coin will increase. So burning steem or reducing the amount of steem coin supply on the market is the solution to keep the steem coin price stable or will continue to rise.

But what does the number 25 mean after the word burning steem, as we know that the Steemit platform is one of the social media that can make money in the form of steem coins, then the money we get from each post payment is set to burn as much as 25%. So everyone who joins the burning steem 25 project is expected to arrange payment from the results of their posts for coin burning. Of course to increase the price of steem we need to do it together, not just by a few people.

The Steemit team is currently working on a special vote on posts that join the burning steem project through the steemcurator03 account. They are tasked with finding quality posts that set the burning of steem coins using a special hashtag, #burnsteem25.

The higher the price of steem coins is the hope of everyone who has joined the steemit platform, those who have invested for a long time and have accumulated a lot of steem hope that the coins they invest in can continue to rise and become more expensive. Therefore, let's support this project together.

▶️ Share your contribution to the Burnsteem25 project.

One way to contribute to this project is to set up a 25% payment for your posts to @null's account. Then don't forget to use the hashtag #burnsteem25. So far of course I have fully contributed to this project, you can see some of my posts that set 25% payment to @null.

And of course in this post too, I set up that payment to participate in the Burnsteem25 project. In addition, in this post I also added to share 10% to the community account @hive-109435, sharing income on the community account is also very important so that the community can be more advanced, independent, and develop in the future because it can provide valuable votes.

▶️ How important do you think the Burnsteem25 project is for STEEM development?

I think the burnsteam25 project is very important for steem development, to maintain the stability of the steem price, to attract investors to the steem coin so that it will experience a significant increase.

Still remind you in 2022 the price of the steem coin price was at a price of $0.64 to $0.83. However, it experienced a significant decline drastically to reach a price below $0.19, because the price dropped a lot of steemit users panicked and then cashed out their steem power. However, I believe that if there is a burnsteem25 project, the steem coin will become increasingly rare and difficult to obtain, of course this will have an impact on the coin price which will increase.

If stable prices continue to increase, of course investors will also look at steem coins, they will buy as much as possible and prices will soar. And this will be very beneficial for all of us content writers on Steemit who have invested for a long time.

▶️ Why do you invite other steemians to join the Burnsteem25 project?

I always invite my friends to join the burnsteem25 project, besides that I also always socialize to new users about the importance of this project. Some of my friends who consistently do this coin burning such as, @fantvwiki, @mayasari95 and @hoesniy

Thus this article, I hope it is useful and inspires all who read it.I also invite you to participate in this contest @fantvwiki, @el-nailul, @mayasari95, @irawandedy

Thank you for reading this post, don't forget to comment.
Greetings by @miftahulrizky