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RE: Thoughts on a Proposal to Buy and Burn STEEM using the DAO
Selling SBD to burn STEEM offers multiple benefits that enhance the value, stability, and attractiveness of the Steemit platform. By reducing the supply of STEEM, stabilizing SBD, encouraging long-term investment, and fostering community engagement, this strategy supports the overall health and sustainability of the ecosystem. As Steemit continues to evolve, such proactive economic management will be key to its success and longevity in the dynamic world of blockchain technology.