You probably noticed by now the regular @buildawhale burn posts. In the past it was posting eight times a day with 100% beneficary to @null. This results in all author rewards (including Hive Engine Tribe Tokens) being burned while curators still earn normal curation rewards.
A few days ago it was changed to post one daily burn post, with 10 comments under that post. This will prevent the posts from showing up trending but allow you to easily find the latest comments. These are all set to 100% beneficary to @null and results in the tokens being burned automatically at payout.
These burn posts provide an alternative option to direct inflation. There are currently three options available to Hive users.
- Vote on creators posts
- Vote on DHF Funder Posts
- Vote on Burn Posts
For over a year, @buildawhale has been burning over $1,000 USD worth of Hive & HBD each month. Due to how Hive Engine works and how they don't provide end points for data and literally truncate data from their API, I don't have an idea how many Hive Engine tokens have been burned, but I do know it is a lot. The burn posts are also tagged with popular tribe tags so those tokens are also burned.
If you want to direct some or all of your votes to reduce inflation, you can find the burn posts on @buildawhale. If you want to assist in pegging HBD to $1 and increasing the funding available to the DHF, you can vote the @hbd.funder comments. Of course, you can always vote your favorite content creators as you always have. You can also choose some combination of the above.
If you are going to vote on the burn posts, I recommend voting the comments as they cannot polute trending.
If I can get an accurate account of Hive Engine tokens burned, I will provide the data here but from what I have gathered, it isn't possible.
The burn posts current tag the following tokens:
- BEE
- LEO
- NEOXAG
- POB
- VYB
- ARCHON
- PALNET
- CENT
- SPT
- CTP
- ONEUP
- SPORTS
