Steem experiment: Burn post #172

in steem •  7 years ago  (edited)

Burn post for July 6. Rules and update

To provide additional support, vote for the comment below. Another method is to vote for the proof-of-burn comment added after 7 days

steem experimental burn-post
7 years ago by

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$275.35
  • Past Payouts $275.35
  • - Author $209.98
  • - Curators $65.36
185 votes
14
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    • [-]
      ·  7 years ago 

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

    [-]
      ·  7 years ago (edited)

    I really wish I understood this, but I feel like it's good!

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      1 vote
      [-]
        ·  7 years ago 

      Proof of burn

      Author rewards:
      20.997 SBD, 39.656 STEEM and 55.589 STEEM POWER for burnpost/re-burnpost-steem-experiment-burn-post-172-20180707t020452700z
      30.089 SBD, 56.829 STEEM and 79.662 STEEM POWER for burnpost/steem-experiment-burn-post-172
      15.674 SBD, 23.763 STEEM and 35.293 STEEM POWER for burnpost/re-burnpost-steem-experiment-burn-post-163-20180705t075145300z

      Sold 66.760 SBD for 55.525 STEEM on internal market

      https://steemd.com/tx/1db7d8ccd455cfddb2cd82bbf40767c373015aa2

      Power up of 175.773 STEEM since SBD > $1 (+120.248 reward)

      https://steemd.com/tx/cbeb2cd64bd2fa8b15ec8d8f495504ba72edfaea

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      $144.92
      • Past Payouts $144.92
      • - Author $108.85
      • - Curators $36.07
      36 votes
      [-]
        ·  7 years ago 

      @burnpost nice one sir, very unique and crypto lover content plz read and share your opnion
      https://steemit.com/cryptocurrency/@moneymakingguru/blockchain-companies-doesn-t-need-office
      Sir, I would really appreciate if you can support people like us. Your little help will help us grow too.
      Looking forward to hearing soon from you. Thank you.

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        1 vote
        [-]
          ·  7 years ago 

        Nice Idea - Burn Post!!

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          [-]
            ·  7 years ago 

          You got a 49.18% upvote from @upmewhale courtesy of @smooth-a!

          Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!

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            [-]
              ·  7 years ago 

            Don't really understand what is all about ? Are you helping commenting people ? I upoted post and this comment with nearly 170 dollars . But still don't understand what is all about :)

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              [-]
                ·  7 years ago 

              the rewards from this post will be burned, reducing the total amount of steem and increasing the price of steem.

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                4 votes
                [-]
                  ·  7 years ago 

                @burnpost ok as you say.............

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                  [-]
                    ·  7 years ago 

                  Congratulations @burnpost!
                  Your post was mentioned in the Steemit Hit Parade in the following category:

                  • Pending payout - Ranked 3 with $ 280,03

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                    [-]
                      ·  7 years ago 

                    This Is Intresting & I hope Steemit Work On You Say .

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                      [-]
                        ·  7 years ago 

                      I am unclear as to what your doing here ? Are you distributing the income ?

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                        [-]
                          ·  7 years ago 

                        No, it is not distributed. The income is used to sell SBD and buy up STEEM which is then stored (by powering it up) and eventually destroyed. The imbalance (selling SBD without ever buying, and buying STEEM without ever selling) should help stabilize the value of SBD and increase the value of STEEM

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                          [-]
                            ·  7 years ago 

                          This is one great initiative I've seen here; well done bro, i can't love this any less.
                          Much love @joyart

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