RE: Impromptu Community Vote - Unclaimed Blurt Burn

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Impromptu Community Vote - Unclaimed Blurt Burn

in blurt •  3 years ago 

I think this option is the best as it will decrease the total supply and also increase the reward pool as well. So will there be a 30 day notice for the users as well before burning their coins?

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  ·  3 years ago  ·  

Yes correct, 30 day notice will be made public and memo's sent on Hive, Blurt and Steem.

  ·  3 years ago  ·  

Please I don't really understand this, hope this won't affect the newbies. I haven't fully understand this blurt.

I try to read and grab something but I'm seeing different opinions..

I'm completely lost 😭

  ·  3 years ago  ·  

No worries, newbies will not be affected, they will actually benefit from increased rewards when a lot of liquid tokens are taken out of circulation and burned; the rewards pool will then respond positively.