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RE: Big CTPSB burn this week
This week in the big burn, we have managed to burn a total of 5.34 CTPSB tokens which represents the value of 18 Hive!
Wow, great job! That's 18 HIVE worth of CTPSB that will never be on the market.
0.00007193 BEE
It goes even further because when we burn we actually change the balance of the equation:
Before burning: x Hive Power / x tokens in circulation
After burning: x Hive Power / x - Burn tokens in circulation
So each burn is actually increasing the value of all the remaining tokens in circulation :-)
So awesome!