How This Post Helps
By voting on this post ALL tokens will be burned. This will be done automatically via the system as the beneficiary of this post is set to 100% null. If you want to burn the most Proof of Brain, Leo, CTP or Neoxag Tokens then this post will burn everything including Hive!
This is a community effort and a way to reduce the number of tokens in supply thus increasing the price of existing tokens by simple supply and demand. No other post burns more than this one.
How It Works
This Post Is Set to 100% Burn NULL Accounts
- LEO - 100% burn
- CTP - 100% burn
- POB - 100% burn
- Neoxag -100% burn
- Hive - 100% burn
- If any owner to these tribes does not want this post on their tribe and does not want to have it as a burn post they can request to have that done
You can view the total burn on tribes by visiting the home page and seeing the red burn text as seen here.
Isn’t there better ways to drive value then creating posts and burning the tokens? Seems like it’s not solving the real issue of token to over supply
Posted Using LeoFinance Beta
There are multiple ways to increase the value of a token. Simply reducing the supply is an easy method and this post burns everything and is optional if someone wishes to do so. I saw other people doing posts like this but taking a cut off the top which to me seems rather dumb and spam as well. Thus these posts are created daily with no cut to me simply a easy 100% burn of everything.
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