Since someone got all butt hurt yesterday I changed up the text and format of this post and also would like to call out a few important things.
Unlike the other person who commented and downvoted the past posts I won't be selling 50% of the Leo tokens that come in and cashing it out of hive.
AKA just look at their wallet history as of 4 days ago
Instead the 50% for this first week will be powered up to give the account some voting power. After that first week of power ups 80% of all tokens will then be burned 20% staked and moving on from there the goal would be 90% to 100% total burned. End goal is to burn it all and only have a curation reward.
We need to be improving the value of tokens not selling half offThis is post number 3 at least give it a chance before calling someone out. It takes 7 days to receive the payout so it can't be burned till after the 7 day period.
Downvoting is fine, it's also a way to burn funds as well. If that's what you choose to do that's no issue what so ever. That's the beautiful thing of a decentralized system you get to make choices of what you want to support or not support.
This will be a daily post of which these tokens will be burned after 7 days when payout happens.
- LEO - 50% (week 1) 80% (week 2) After two weeks this will most likely be adjusted to 90% or higher.
- CTP - 50% (week 1) 80% (week 2) After two weeks this will most likely be adjusted to 90% or higher.
- POB - 50% (week 1) 80% (week 2) After two weeks this will most likely be adjusted to 90% or higher.
- Neoxag - 50% (week 1) 80% (week 2) After two weeks this will most likely be adjusted to 90% or higher.
- If any owner to these tribes does not want this post on their tribe and does not want to have it as a burn post they can request to have that done
Yes, you earn curation rewards for voting on this post. Author tokens will be burned per the timestamps and percent's seen above.
You can view the total burn on tribes by visiting the home page and seeing the red burn text as seen here.
- LeoFinance does not seem to have this chart to show how many have been burned. If there is a place however please let me know.
After 7 days screenshots from each tribe will be posted here. For now since this is only post #3 no burn will happen until post 8 as there will be a one day lag. It will reference the post as well to show proof of the post and burn.