Help reduce HIVE inflation!

BURN SOME HIVE TODAY!

To meaningfully reduce inflation, it would be helpful if 275,000 users could burn about 1.37 HIVE per month. We might then be able to reduce inflation on Hive by 1% or -71,400 per week.

I am just estimating; if another user has a way to create a 'Guage-style burn meter' that shows exactly how much HIVE has been destroyed each day, in total, removed from supply, or sitting on exchanges etc, and how much is being burnt at any particular time; hour/day/year, please let me know, thank you. That would be very helpful to watch.

If we all work together to reduce the Hive supply then you don't have to burn a lot of Hive by yourself. Just vote on this Burn Barrel! Rewards will be sent to @null, reducing the supply of Hive and increasing the value of the rest of it. If you have never done this, try it out for yourself.

Write a letter and burn the rewards.

Let's light up this barrel and see how much Hive we can burn.

Upvote this post, then write your own BURN post and drop the link below!

1 burn-barrel-post-vote-to-burn-some-hive = 0.136

2 burn-barrel-post-vote-to-burn-some-hive-again = 0.371

3 burn-barrel-post-vote-to-burn-even-more-hive = 0.299

4 burn-barrel-post-vote-to-burn-even-more-hive-again = 0.143

5 burn-barrel-post-vote-to-burn-hive-in-the-barrel = 4.761

6 burn-barrel-post-vote-to-burn-hive-in-may = 0.632

7 burn-barrel-post-vote-to-burn-more-hive-in-may = 0.297

8 burn-barrel-post-vote-to-burn-more-hive-in-may = ?

So far we have burned 6.639 HIVE with this series!

If we burn 1.37/HIVE each month, then we can help reduce the Hive supply by 16.44 HIVE/year. More than 20,000 users could start doing this to have a meaningful impact on the supply. To reach a 1% inflation reduction target here on Hive 20k users could burn 19.74 HIVE each month.

^ Burn some Hive to reduce the supply!
https://peakd.com/publish

Select BURN under Rewards Distribution