RE: Steemit 101 Choose your Payout Type! Steem sbd Decline Payout?

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Steemit 101 Choose your Payout Type! Steem sbd Decline Payout?

in steem •  7 years ago 

I know there are three different payout modes, but I've never used the declining one. How does that even work? You receive small chunks over time?

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7 years ago by

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      ·  7 years ago 

    No payout at all! I believe it gets burned. I will be doing another post soon about burning steem as soon as I have finished my research.

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      ·  7 years ago 

    I wouldn't mind reading up on the declining payouts. Btw, why would someone not want a payout? Isn't that what Steemit is for?

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      ·  7 years ago 

    Thats what i was thinking. Even donate it if you want to be charitable!!!!

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        ·  6 years ago 

      Burning it is kinda like charity to everyone. The more rare Steem dollars are the more they'll be worth, so if a lot of Steem is burned everyone holding Steem will gain a lot of value

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