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LOTUScoin Burn-Off Report, October 2019

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Published: 31 Oct 2019 › Updated: 31 Oct 2019LOTUScoin Burn-Off Report, October 2019

LOTUScoin Burn-Off Report, October 2019

BURN_REPORT_v2.png

This is the LOTUScoin Burn Report for naturalmedicine.io

The various indigenous peoples of Australia knew that in order to maintain the fertility of the Australian Bush, regularly burn-offs needed to occur.

So too with LOTUS.

In order to maintain and increase the value of LOTUS for its stakeholders, the Natural Medicine community will regularly burn LOTUS on a monthly basis. This is done by tallying the various amounts, and issuing the total amount to null@null by the issuing account lotuscoin@lotuscoin.

The amount to be burned is derived from the following sources:

As of this date, the following burn-offs have occurred:

TypeAmount
Rewards (curation)1573.06048
Post-promotion2600
Contests120
Other900
Total5193.060484

All rewards from this post (STEEM & LOTUS) will also be sent to null@null as a beneficiary.

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