Yes, i understand the idea of the Burn post, but they have been happening for what now? 2 years?
The model doesn't make sense, because on the Steem blockchain, the supply will always increase. It is an inflationary coin. It will be printed forever.
You know what people miss about the economy of Steem? Is that it's tokens aren't supposed to increase price over time. What happened in 2017-2018 was an anomaly, caused by the cryptocurrency frenzy of that time. And since supply of Steem/SBD at the time was very low, prices moved fast.
It doesn't matter how much Steem they burn. There will always be Steem entering the system, and the supply will always increase.
A better use of this burned steem would be to use it to make real improvements on the whole ecosystem.
Donate to projects, create projects, pay already popular creators to encourage them to join the platform... there are way too many better ways to improve the economy than fight against something that can't be beaten.
RE: Cleaning up Steem trending