Sort:  

You burn it when you promote a post. I think if more people burned the sbd's and promoted their posts the sbd price would rise.

Some people also burn rewards as a way of giving back to the reward pool. It's pretty rare but there are a few who are regularly doing it.

I see - it seems like a bit of a 'pot luck' way to give back to the community

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 62025.78
ETH 2417.09
USDT 1.00
SBD 2.49