This Weeks Burn (All Liquid SPT Burned)
Image Source
Welcome to our fourteenth week of the ongoing SPT burn. As always in these topics we will be burning all the liquid SPT this post earns. Last weeks post generated a total of 399 SPT. This means curators shared 200* SPT. The remaining SPT 199* will be sent to be burned. We will continue with the *weekly burn topic for as long as SPT stake holders show support for the initiative. Total SPT burned before we started this initiative was just 4,303 SPT.
I initially decided to send the burn tokens to @null but then it hit me that using the burn tokens to advertise this post via the Promotion option would be a better way to burn the SPT tokens. Burning them this way will give more exposure to our weekly topic.
SPT stake holders and content creators may not like seeing the weekly burn post at the top of the promotion page every week so I might alternate between sending directly to @null and using the Promote option as a burn mechanism. For now we will keep using the promotion burn method and play it by ear. If SPT stake holders want me to stop burning via Promote option, I will. Sound off with your opinions in the comment section.
Purchasing SPT
As many who frequent this blog know I'm a curation account for Splinterland players who are on our SPT Content Creators List. Our goal is to support Splinterland content creators and the SPT token. One way we do this is by purchasing SPT with our Liquid Hive rewards. Currently we have about 25 HIVE and 5 HBD banked. In the upcoming days I intend on making good on this promise and will be purchasing SPT directly from market. Looking at the below graph I suspect the price of SPT is going to dip a little more in the next day or two so I'll be keeping an eye on it. Want to know how to get on our SPT Content Creators List (Click Here)
Recent SPT Buy/Sell Orders On Hive-Engine
Original Burn Topic Post
What Is SplinterTalk?
Splintertalk is the social platform that was BUILT for Splinterlands players. For sharing Splinterlands content. You can earn rewards in the form of SPT tokens on the Splintertalk site! SPT tokens can be traded or staked to increase Splintertalk Power which allows you to reward the content of others!
What Is Splinterlands?
Splinterlands is a digital card game created by @aggroed and @yabapmatt. Game Play in which award prizes that have monetary value are being played daily. You can start playing or investing in Splinterlands by clicking here.
What Do You Mean By Liquid SPT?
Liquid SPT is the authors share of the earned SPT rewards a post generates. This means you as curators will still earn your share of curation rewards when you upvote. I as the author of this topic will send my share (the Authors share) of SPT earnings this post generates to be burned.
SPT Burned To Date
Week | BURNED SPT |
---|---|
One | 694 |
Two | 802 |
Three | 1,367 |
Four | 1,603 |
Five | 799 |
Six | 886 |
Seven | 472 |
Eight | 3,436 |
Nine | 921 |
Ten | 5,348 |
Eleven | 1,253 |
Twelve | 406 |
Fourteen | 299 |
Total SPT BURNED | 17,900 |
SPT will be sent to be burned within 48 hours
*Post topic Fire image source
SPT has now been burned.
Thanks for sharing! - @ashikstd
Thanks for the curation, its appreciated.
The burn amount has been shrinking the last 4 weeks. Time to pump it up!
Agreed, lets see how this week goes.
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STOP
what about stalking SPT and making a use in game for it it sounds like wasting our time with collecting for buring it
An in game use for SPT is something all us SPT holders are waiting on. Hopefully one day it will come to fruitation but for now we will have to be happy with the SPS airdrop points it gives us.
The purpose of this burn post it to help bring value to the SPT tokens we all hold. The more we burn the less in circulation. A general rule is, the less of something there is the more valuable it will be. I'm not asking for others to burn their SPT. I'm burning the authors share of SPT these post earn.
to the mooonn
And here we go....
i support any kind of token burning.
Thanks for the support
angas nmn nyan
Monstercrusher the burn-a-nator. :D
If I may propose an idea for your SPT burn/promotion.
I would set a time, lets say two weeks. Two week hold period, to power up and help get your posts seen on the front. At that time, burn the recorded difference of balances recorded from last burn to the current balance.
This way, you'd still be able to promote and burn. Double winning!
That's a good idea....
For simplicity I'll likely just keep burning weekly.
thanks for your work
Good content Bro
i support any kind of token burning. Count me in.!!
Thanks for the support.