@buildawhale has been running burn posts for over a year. A recent change was to convert that to one daily post and 11 comments. I have been tracking how much has been burned on a daily basis.
In April we burned 19,130 Hive and 6,941 HBD or just over $13,000. That is roughly $435/day.
As I always say, I don't think burning actually does anything, but the sell pressure that is prevented does. It's hard to compete with DHF proposals handing out $500-800+ /day for projects with little to no improvement to Hive but every little bit helps.
The burn posts are here to offer stake holders an alternative choice for directing inflation as little or as much as you want.
Posted Using InLeo Alpha
