In the last week, 73,649 USNBT has been provably and permanently removed from the currency supply:
Both of these are sustainable and ongoing USNBT burn programs. @smooth is on contract to continue the weekly burns for an additional 51 weeks. The liquidity operations burn is even more sustainable, being fueled by profits in our trading operations.
While the burn rate is variable, under current circumstances the annual USNBT burn rate is 3.8 million, out of a supply of around 14 million, or about 27% of the entire money supply. It is a large sum.
What will impact the variable burn rate? The USNBT price, the BTC price, participation by others in the burn program and the profitability of liquidity operations trading programs. It could increase or decrease. However, market participants should be aware we have large and sustainable USNBT burn programs in place and running. Of course, it is my goal to expand them. This is my highest priority.
We are on track to restore the USNBT peg. The more hands we have supporting the effort, the faster it will be. Buying USNBT or NSR to help with the effort has risk, but it also has remarkable profit potential. It is a risky investment not suited for poor retirees. However, I sincerely believe the risk to reward ratio is remarkably favorable to investors.