Contest: How do I contribute to burnsteem25 project

What do you know about the Burnsteem25 project?

Burning of Steem doesn't allow you to completely claim the whole token curated to you. After every curation a getter part of the steem of about 99.9% goes to the user-curated and about remainder is circulated to the users that voted on the post in the form of a curation reward. Now the burnsteem25 project helps send some steems to @null, this is done to reduce the supply of the token and reducing the supply of the steem currency helps to increase the value of steem token remaining, burning of crypto is done in a regular pattern. Steem sent to this @null account is the burnt steem.

Some may wonder where and how the currency is burnt, the token is considered to be burnt when it is sent to an address that is not accessible for withdrawal, the token in this account is stopped from circulation for a lifetime.

Share your contribution to the Burnsteem25 project

I have contributed to the burnsteem project this week by setting 25% to @null, This week I decided to set burnsteem25 (send 25% to null) in my article because the project will help the steem cursteam grow.

How important do you think the Burnsteem25 project is to the development of STEEM?

When a supply of the commodity is high, demand is low, and the price tends to diminish but when the supply of an essential commodity is reduced, demand becomes high and the price tends to increase, so it goes in the order

High	Low	High
Demand	Supply	Price
Low	High	Low
Demand	Supply	Price

Why would you invite other steemian to join the Burnsteem25 project?

I have some newbies that I have referred to Steemit like @sancteefai and @akwaowo and others which I wouldn't mention since they have not completed their achievement post but have some challenges which is a breakdown of their devices. These people have completed their achievement posts and I always advise them, especially @akwaowo, to set 25% to null because it helps in Steem's growth.

This screenshot will help you know how to burn steem, the required % is 25%

I would love to invite @dwings @akwaowo @sancteefai to join in this contest.