One burns coins by transferring the coins to @null . Some tribes will promote your post if you burn their coins. To do this you send the coins to
@null with a link to your post in the memo field. The "promotions" rarely are worth the coins burned.
You can see the total alt-coins burned by checking out @null on HiveStats.io:
Anyone can create coins. The creators often burn huge number of coins as part of the ICO, so the total burned really doesn't mean anything.
The tokens page on Hive-Engine said that VYB had a supply of 3,565,289 coins. Some of the tokens have trillions of coins. So over supply really isn't the problem with VYB.
The richlist shows the owners of VYB:
https://he.dtools.dev/richlist/VYB
Again, there doesn't seem to be an excess of free floating coins, nor is the number of powerdowns unreasonable.
The token simply lacks buyers.
The accounts with a number below 1,000 got coins in the airdrop. I was not in the airdrop but have been buying the coins.
!BEER
RE: What's happened to VYB?