Have you ever wondered how much STEEM and SBD is burned on a regular basis? If yes, this post is for you :)
The charts below show all transfers to the @null account. All STEEM and SBD sent to @null is immediately burned.
How much STEEM and SBD was burned?
| Period | STEEM | SBD |
|---|---|---|
| Last 7 days | 2277 STEEM | 29.814 SBD |
| Last 30 days | 9264 STEEM | 126.682 SBD |
| Last 365 days | 29248 STEEM | 8829.990 SBD |
1. Weekly STEEM & SBD burned
| Date | STEEM burned | SBD burned |
|---|---|---|
| 2019-42 | 1,455 STEEM | 15.542 SBD |
| 2019-41 | 3,100 STEEM | 37.015 SBD |
| 2019-40 | 1,543 STEEM | 26.471 SBD |
| 2019-39 | 1,766 STEEM | 26.899 SBD |
| 2019-38 | 1,419 STEEM | 35.011 SBD |
| 2019-37 | 1,017 STEEM | 59.359 SBD |
| 2019-36 | 1,547 STEEM | 58.607 SBD |
Largest STEEM burners last week
| Account | STEEM |
|---|---|
| @burnpost | 2,159.742 STEEM |
| @randowhale | 74.000 STEEM |
| @appreciator | 25.440 STEEM |
| @abh12345 | 10.000 STEEM |
| @cadawg | 3.000 STEEM |
2. Daily STEEM & SBD burned
| Date | STEEM burned | SBD burned |
|---|---|---|
| 2019-10-24 | 206 STEEM | 1.114 SBD |
| 2019-10-23 | 245 STEEM | 2.337 SBD |
| 2019-10-22 | 981 STEEM | 10.305 SBD |
| 2019-10-21 | 23 STEEM | 1.786 SBD |
| 2019-10-20 | 344 STEEM | 1.917 SBD |
| 2019-10-19 | 338 STEEM | 4.470 SBD |
| 2019-10-18 | 140 STEEM | 7.885 SBD |
| 2019-10-17 | 228 STEEM | 2.662 SBD |
Largest STEEM burners last 30 days
| Account | STEEM |
|---|---|
| @burnpost | 8,990.185 STEEM |
| @randowhale | 142.000 STEEM |
| @appreciator | 26.013 STEEM |
| @cadawg | 18.000 STEEM |
| @sumatranate | 11.000 STEEM |
Largest STEEM burners this year (2019, Januari 1 until today)
| Account | STEEM |
|---|---|
| @burnpost | 22,791.877 STEEM |
| @smartfund | 544.573 STEEM |
| @smooth | 418.754 STEEM |
| @swelker101 | 200.000 STEEM |
| @likwid | 192.166 STEEM |
From now on, I will add the burn statistics to my 'Daily Steem Stats report'. Follow me to keep informed :)
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We clearly need more @burnpost. At least a 25x increase. Probably more.
Bring it on.
BTW the above undercounts burnpost by about 25% since the top level burnposts (but not comments) currently use beneficiary to null and aren't included.
Ah...good to know. Thanks!
Does this include STEEM/SBD burned through null beneficiary settings?
STEEM that is burned by setting @null as the beneficiary of a post is burned before it is even created. I would be interesting to include that in my stats as well, but at this moment I only have the transfers to @null.
Will that be possible to pick up as I suspect a lot is burnt as beneficiaries.
Many of my posts, and all the daily news posts send 5% to @null.
That's philosophically debatable. Payouts come from the reward fund and I believe that is considered part of total supply (though I'm not 100% sure on this last point).
Technically, the reward pool is not part of the supply yet, as far as I know. Rewards will become part of the supply once paid out, if I'm correct. But that is just technical and it is indeed debatable from a non-technical standpoint.
I would be interesting to include the @null beneficiaries, but I do not have this data in my database right now.
Thanks! Just wanted to make sure I understood what I was seeing.
Yep, this will change the numbers a fair bit.
Probably a good idea to do one for @steem.dao as well.
very good post! interesting stadistics!
what does it mean burned? you mean sold immideatelly?
STEEM that is burned is removed from the supply. Gone forever.
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Thanks.
A little birdy is telling me we need to get a handle on the rewards being voted to sellers.
Can we get a list of the top ~100 transfers to exchanges?
Many of those are only stripping value.
Folks will want to stop voting them more, if they want the price to rise.