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RE: What if we used the SBDs created every day in the DAO to buy and burn STEEM?
While recently we do not see SBD in our payout I was not aware that the certain amount of SBD still been produced. The question is who owns it, whom that SBD belongs. If that belongs to the Steemit Inc. then it depends on Justin what to do with it.
If the Steemit Team and Justin are interested in that then again it depends on them how to do that buying Steem for SBD and then to burn. Should that be first clarified before starting planing?
CC: @steemcurator01
10% of the overall inflation goes to the DAO (Steem proposal Fund) in the form of SBDs. These funds are community owned and votes from the community dictate where they go. Currently there has been a proposal blocking any use of these funds currently, and that has been a good thing. However, I think for the right use case, and I think this is the only use case I would support these SBDs being used for, we could get a proposal above the one currently stopping the SBDs being used and see some benefit for the community.
It is again, something that I would say majority do not know. When you say
Who will do that proposal and who approves it?
Good questions. There is some more info in this post I just put out as well:
https://steemit.com/steem/@jondoe/using-the-dao-sbds-to-buy-and-burn-steem-how-we-can-make-it-happen
The funding for proposals in the DAO is decided by user's steem power. If you get your proposal above the return proposal, it gets funded.