RE: Steem experiment: Burn post #475

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Steem experiment: Burn post #475

in steem •  5 years ago 

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

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  ·  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.