Amount of LEO burned recently via @buildawhale has gone down a bit. If you want to burn LEO, don't forget to look into the posts and vote the burn comments.
Amount of LEO burned recently via @buildawhale has gone down a bit. If you want to burn LEO, don't forget to look into the posts and vote the burn comments.
And it's that a bad or a good thing?
Who knows, in theory burning rewards is good, but in practice it is really unquantifiable. It is just an option provided to leo stake holders, many of which I don't think know about it.
i did not know. So by voting on those threads. The rewards get burned, is that it? I guess that could influence a little the price, depending as well on the other rewards that are created and not burned but instead staked or traded!
Leo front end unfortunately doesn't show it, but when you have 100% beneficiary to @null (100% burned rewards) there is a symbol on PeakD so you can easily tell all the rewards are burned.
Yeah. I guess here you just have to follow them. And keep your eyes open for those threads. Looking at all those rewards being burned, as a broken ass person, struggling to pay my bills.... is painful 😂😂😂😂😂
If they weren't burned, they would be sold and would reduce the price you would get when you sold your rewards...
That is true as well.... but they also could be sending them to us! I promise I will stake them up for the next 10 years :D eheheh :D