RE: Thoughts on a Proposal to Buy and Burn STEEM using the DAO

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Thoughts on a Proposal to Buy and Burn STEEM using the DAO

in steem •  5 months ago  (edited)

The sales will be done using 100 SBDs initially for testing which have little to no effect on the markets. Once that number is ramped up to 2,400 per day it will be done on an hourly basis ( roughly 100 sbds per hour per my understanding) and not all at once. There are several teams creating liquidity on the internal market currently, one of which informed us that it would be no problem to sell the 2,400 per day...

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