designed in camva
Hello everyone, It is clear a suggestion/idea is on the surface of the Steemit platform like it's the talk of the platform. And am curious someone from this clan(community)🤣 hasn't made a post about it in this community, which made me conclude that despite the fame of this idea on the platform currently, some people haven't come across it so today, right now, I announce to you the new initiative STEEM BURN(although) not official yet.
Steem burn is a suggestion from a user in the past engagement challenge in the steem Pakistan community, the user suggested an idea that was approved or acknowledged by the curator 01.
The idea behind this initiative is to see steem grow in value but this very process is just different from the other initiative that has been going on and it's the simplest of all.
In the process to support this suggestion, users need to burn steem and how is that done. users might ask. All you need to do is set the beneficiary to a certain account named @null.
To do this, I will illustrate the procedure with images for a better understanding.
As you can see this is the simplest way to support the growth of steem, it is all for our benefit in the long run. We all love the steem token, but the value refuses to grow to our expectations, with sacrifices, we will attain that level we want the steem token to be. It can't only be done by the big whales as I have read by some that didn't agree with the idea, a little drop of water can make an ocean they say, with sacrifices (and don't think, little can't make a difference) our aim will surely come to reality.
What is the steem burn all about
Steem burn as the name implies simply means burning of steem, so sending steem to the @null account is the way to burn steem and 25 percent of our reward is requested to set as a beneficiary to the account, as steem is burnt in the account, there will be a scarcity of steem as such, it reduces the circulation of steem. Hence the demand for steem during scarcity will increase the value of steem, as the price increases user hold steem more for a better value of steem as believe, by holding for long the price continues to increases and this will attract big investor to invest in steem like big investor in bitcoin. To locate the entries delegated to steem burn, the tag was produced by 01 which is #burnsteem25, ensure that you use the correct tag so that you give yourself a chance for support to find you even if it's not guaranteed.
This program is not a get quick result scheme, with time the sacrifice we've made will be worth it and we will all enjoy it for a long time, this idea is supported by many users and I don't want you to be left out, as at now am sure the number of post using the #burnsteem25 tag is above 100, this is a sign of agreement between Steemit users and the idea of the steem burn.
Steemit growth is in the hands of us all and improving the value of its token is also a big task that we need to achieve.
As an example, I set my beneficiary beyond 25%
Link to give you more insight of explanation by different influential author, why wait.
username of authors | link |
---|---|
rosz | link |
remlaps | link |
sofian88 | link |
itawandedy | link |
ngoenyi | link |
nadiaturrina | link |
Post set at 50% beneficiary to @null
Big moves dear friend. I can't wait to see steem rise appreciably. I just hope we all can embrace this new initiative.
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Thanks bruv, the initiative is not obligatory, but I know you can do this
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Congratulations, your nice post has been upvoted by the steem.skillshare curation trail!
please check out this post:
steem.skillshare curation trail post to get infos about our trail
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