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RE: Can we help influence the value of steem, is it possible. what do you think?

in WORLD OF XPILAR2 years ago

Yes, @bambuka hits the nail on the head

There are many good points in the post you refer to.

After all, we have our own DAO and I don't think many users are aware that 10% of their rewards go to this fund
After we had the split with Hive, this fund was frozen, the fund today has large values of SBD and it is still added 10% from all posts as far as I know.
This fund should be converted to buy steem and burn steem
Burning 10% of what is given from the rewards every week will have a big impact on the value of steem