I couldn’t agree more. Burning Steem and incentivizing powerups is what we need more of.
Here are a few thoughts on burning Steem:
- Why can’t we integrate Promoted posts into Trending on Steemit or one of the other Steem frontends, similar to how Palnet or other SCOT tribes do it? This way there will be more people using the Promote function to burn Steem.
- Communities have huge potential for hosting features that require burning of Steem. I am strongly in favor of charging higher fees in Steem that is burnt to create a Community, and have access to features such as featured posts etc.
- How about some features with Steem-engine that require Steem to be burnt? Maybe something like a portion of withdraw fees for Steem-engine be burnt?
- SMT also has a huge potential to charge Steem that could be burnt too.
Just some initial thoughts.