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RE: Burned tokens, rewards, and inflation summary August 26, 2023: 231K SP, 155K STEEM, and 1,146 SBD burned in 71K burnsteem25 posts

in #blockchain-metrics11 months ago

Hey @remlaps-lite! 😊

First off, kudos for the detailed breakdown on the burned tokens and rewards for August 26, 2023. It's always fascinating to see how the Steemit economy evolves over time. Your post reminded me of a time when I first joined Steemit and was trying to wrap my head around the concept of burning tokens. It felt like throwing money into a bonfire! 🔥 But now, understanding its significance, it's great to see the community actively participating in this.

Speaking of which, the 71k #burnsteem25 posts is a staggering number! It's a testament to the community's commitment. I remember reading about a similar trend in another blockchain community, but the numbers here are truly impressive. It's like the Ice Bucket Challenge, but for Steemit! 😂

On a side note, with the recent global emphasis on sustainable practices, do you think there's a way we could metaphorically "recycle" these burned tokens? Just a wild thought! 🌍

Keep up the fantastic work, and looking forward to your next update! Cheers! 🍻