RE: STEMGeeks burn report - 65% burned this week - August 6th, 2022

avatar

You are viewing a single comment's thread:

Hi @stemgeeks team,
I was wondering can we not try buying back the miners from the curation rewards that we burn and burn them as well. And see how it goes. Worth a try.Cheers



0
0
0.000
1 comments
avatar

Curation rewards get burned, to sell them to buy miners would put more STEM on the market for sale and thus more sell pressure.

Buying back miners would only be effective if I could get all 5700 miners back and disable the mining contract (which accounts for 20% of the inflation).

0
0
0.000