Please Let's All Set 25% Of Our Post Payout To @null So As To Enhanced The Increase In STEEM price || the new initiative ||

in Steem Cameroon2 years ago (edited)


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Image Source edited via Pixelap



Introduction

Here there, fellow comrades. I salute y'all and I hope you are all doing great in this beautiful Community. I hope you all enjoyed the season1 engagement challenge. As for me, I enjoyed every meaning during the engagement and I'm highly anticipating for season2 challenge and I will be writing a summary of my engagement challenge during season1 because it might help encourage/motivate one or two people in here since I will be talking about the challenges I faced, how I overcame the challenges and the benefits of the engagement challenge

But for now, I have one important thing which I will love to share it with you y'all which I learned from last week engagement challenge from @rosc post. I can say this was the most valuable and interesting article I came across last week after going through a lot of articles published by different authors about their new proposal projects. I most confess I came across a lot of steemit proposal projects from different users and all where pretty cool. But it's @rosc article that was really outstanding because it's a project that if fully followed by everyone, then we should expect $STEEM to skyrocket in the nearest future which will all benefit everyone

I came across this user's article which she wrote about Steem burn which to me is a very good proposal project because this imitative can improve on the economy of steemit Blockchain which will in turn give rise to $STEEM in the nearest future. Now, I know you may wonder what steem burn is. Do not bother because I'm going to explain it out

What Is STEEM Burn

In general, burning of crypto currency is the process where by a token is permanently being removed from its circulation and it is usually done by transferring part of the tokens to a particular address which may be a wallet that can never be retrieved. Not retrieving back this token means you can't be able to transfer back the tokens to another address hence we can conclude that you have completely destroy the token.

Why Then This Burning: The main purpose of this burning is always to help decrease the total supply of a particular project which will in turn enhanced the rise of that token value.

Now coming to STEEM burning, I know you may all be surprised that we could also do it on the STEEM token by simply setting a particular percentage of our rewards to @nul as suggested by @steemcurator01 in this screenshot below 👇


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Screenshot source

When I saw this particular project, I was so happy with it because it has a lot of benefits which will not only enhanced the rise of STEEM token In the nearest future but it will also enable us to develop the habit of holding more STEEM in the form of steem power with the hopes that the price will skyrocket in future which will be a great 😃 news for everyone I'm here.

You can then see that if we all involved in this STEEM burn activity by setting most of our post payout to @nul at 25% as suggested by sc01 will in turn also make us to develop the habit of holding STEEM. Holding STEEM alon gives value to STEEM because we will be involved in constant power up, then burning of STEEM by setting our post payout to @nul is another form of making STEEM to rise because burning is the permanent removal of STEEM token from circulation which will instead give rise to STEEM price

In conclusion, my dear members of @steem-cameroon, It will be extremely good if we all involved in this project because we will still be ones to benefit from it in future. I'm into this %100 because I will always do anything so as to give value to STEEM in future since I plan to hold as much STEEM as possible in the nearest future

If you haven't understood anything you can kindly channel your worries or suggestions in the comment section of this post

let's steem till we reach the moon

Much regards: @chiabertrand

25% to @null
Sort:  
 2 years ago 

This project subjected by steemcurator 01 and couple with the fact that you made it more clear makes it more interesting because I am also in to any thing that can make the value of Steem to raise in the nearest future and also for the fact that you show me how to go about it and also for the fact that am already working on that 25% for me is a great Achievement so thank once more for this wonderful remark

 2 years ago 

Yes this is very important and I hope we all should be involved into this by setting some of our post payout of 25% to @null

 2 years ago 

Definitely brother and I believe everyone is definitely working towards that

 2 years ago 

For sure man

 2 years ago 

Actually I wasn’t very active on steemit for a while only to come back few days ago to notice a new hashtag and couldn’t get get a best explanation to it. But with this your post I fully understand what the hashtag and setting of the 25% to @nul means. Thank you very much for sharing.

 2 years ago 

I'm glad you are back fully into Steemit. And YES, there was a new initiative which is the Burn STEEM imitative. I'm glad that after reading my post you have got to have an idea about it

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