Stemphotos contest #9 || Who is @null || What is Burn steem ? by @arshani
Hello members of Steemphotos 😍,
This time, sister jyoti-thelight, the Admin of SteemPhotos Community, has given us all a very timely and valuable topic to participate in. How important it is, everyone who earns in steemit can increase the value of the amount of steem coins they collect as much as we participate in this event. I am now preparing to write a few words about it in this article. I invite you all to read the article till the end.
👨 | What exactly is @null? | 👩 |
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By typing a steemit username with the @ symbol, we can take care of that account. But I looked into it when the rumor about this started in steemit. I could not find anything by monitoring its account, so I read the articles written by many steemit users with great interest. Then I realized how much we benefit from #burnsteem.
We know that null normally means zero. But when the word null is used in cryptocurrency, it has a lot of meaning. That is, in the crypto market, we need to increase its value to buy more valuable coins. But in the crypto market, when the amount of coins being dumped increases, the value of the coin goes down unimaginably. As we all always monitor the steem price, it seems to be at a very low value for several months now. The reason I think is that more Steem is leaving the market.
🔥 | What is Burn Steem? | 🔥 |
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The #burnsteem tag that was introduced to Steemit Team a few months ago and setting advance settings and burning 25% of the article to the @null account will give us many results. When we set a certain percentage of the amount of $ earned when we post an article to the null account, it will not be added to the amount we earn. By that we should expect that when 25% is added to the null account, 75% of the earned income will be added to our account from that article. When we apply some part of the income to the null account, its value is removed without being added to our wallet. Thus, the value of the coins will be maintained at a high value and the opportunity to own more income will arise.
This program has been introduced by the steemit team mainly to increase the value of the coins earned in steemit. We can also contribute to that. So I invite you all to join #burnsteem. Then the value of the coins (Mainly Steem Price) we earn in the steemit blockchain can be prevented from falling.
I believe that there must be some point in my article that you do not know. So my friends @nishadi89, @goodybest, @yrmaleza & @ubongudofot are respectfully invited to join the contest. Have a good times to you all! Bye bye! ❣️
Curated By - @monz122
Curation Team - The Efficient Seven
Nice one sister. Thanks for making one