RE: STEMGeeks burn report - 22.6% burned this week — Hive

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RE: STEMGeeks burn report - 22.6% burned this week

amr008 (67)in LeoFinance • 3 years ago

I support that. 75% is good for both the token as well as the community.

Btw are you purchasing the STEM using ad revenue generated and burning them? If not , how else are you using the ad revenue?

3 years ago in LeoFinance by amr008 (67)

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themarkymark (80) 3 years ago

What ad revenue.
Do you see ads?

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amr008 (67) 3 years ago

I never realized it till now lol . Btw why aren't you displaying ads ?

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themarkymark (80) 3 years ago

I'm not a fan of ads
Most people have ad blockers
There isn't enough traffic to have significant ad revenue
Buying back tokens isn't a sustainable business model, potentially not even legal
I already massively burn inflation, inflation that is lower than other tribes sometimes by a factor of 300%+

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amr008 (67) 3 years ago

4th and 5th makes much sense . Thanks for taking your time and clearing it.

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