Sort:  

As far as I can tell the main purpose of the fee is to prevent low-quality applications which would waste the committee's time. The burn part is a just a bonus. I don't think anyone expects there to ever be enough applications to make a meaningful difference to the overall supply.

Coin Marketplace

STEEM 0.06
TRX 0.30
JST 0.058
BTC 71072.51
ETH 2197.66
USDT 1.00
SBD 0.52