By threesteps on Skatehive
Hiya all! @threesteps here. CTP Status Update for Friday Aug 29 (screenshot of me selling alive for hive.swap. Keep reading to see why...) First up, CTP burn project @imfarhad runs a CTP Burn initiative. He's a CTP Rockstar and keeps me on my toes in our Discord. NOTE: The following is my opinion only. @imfarhad owns this initiative, so he's the final arbiter of how this works. :) Burn account: @token.burn Updates on project found in these posts. Goal: decrease the number of CTP tokens by burning them thereby introducing scarcity as more are burned, and increasing the liquidity of the token since more of it will be traded. Straight from imfarhad's post: Also, to be neutral and unbias i am doing this post using the @token.burn account. As you know that token.burn account was created solely to burn hive engine tokens. All earnings from this post will be used to buy CTP tokens. Other tokens earned will also be burned along with it. HBD earned will be converted to Hive / swap.hive and CTP