burnsteem25 || Stemphotos contest #9 || Who is @null || What is Burn steem ? by @saravanann
Hello Everyone,
Good night to all, I am Saravanan from Tamilnadu Now I am here to upload my #steemphotos Contest #9 -Who is @null? and What is Burn steem?|| 25%%@null , I hope that all are read and like it.
Last few months that all the crypto currency are droped because of some issues like Russia and Ukraine war and other issues it also drops the value of share markets. In this time soo much of people lost their money in the crypto currency and share markets. Some of the coins in the crypto currency are dispatched. If you using crypto currency you can know about Luna it's price is arround rupees 8000 for USDT it is partially 100 USDT. But,Now the coins are dispatched. Due to this some of the coins value has been too droped
All the crypto user will have an address for all the coin they will send and receive them by those addresses it also called as wallet. Now the @null is also an account for receiving the steem coins. It will used to store the steem coins. It is an wallet which only used to receive steem coins. The @null account is also know as nothing. This account is not used to give up vote or put any post.
Brunning or eating of steem is used to increase the value of steem coins. When we give or delegates the steem to the @null account it will burn or destroy the stored coins. By this burning or eating the steem coins we can reduce the coin quantity in the markets. It will helps to increase the value of steem coins.
When we are set this 25% benificeries that amount will be went to the @null account. By the by when we post an post we have to set 25% to @null account.
Step 1: click the advance settings
Step 2: click the add account
Step 3: select the percentage and set 25% to the @null account
Step 4: then click the save button
Step 5:we can see the beneficiaries
I like to invite @shravana , @anithamoorthy, @amsh-josh to participate in the contest.
You explain very well in detail . good luck for the contest.
Thank you very much for the support @parineeta
Upvoted! Thank you for supporting witness @jswit.
Great entry brother
Thank you sister @kyrie1234
Congratulations!
This post has been upvoted through steemcurator07
Curated By - @kyrie1234
Curation Team - Cosmopolitan
Thanks @kyrie1234 for the great support
my pleasure dear