Currently we are burning 5% of the curation rewards which are not much now due to the fact the Bid-Bot has less than 2,000 Steem Power, still we are burning that 5% through the @safedeposit account.
Once the first milestone is achieved (100,000 SP) all 5 projects will be activated, one of these is the Burning Project which you have an explanation in the post.
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Thanks for the reply, just was a bit unsure on how you go about burning steem.