Steem Virtual Machine (SVM) is a sovereign Cosmos SDK blockchain with full Ethereum (EVM) compatibility, enabling smart contracts, NFTs, RWAs, and existing DeFi protocols to run without modification. Its native gas token is STEEM, with every STEEM on SVM backed 1:1 by STEEM locked in the @svm.bank account on the Steem mainnet, while the network is secured by its own independent validator set without any inflation .
So the burn Mechanics in Steem main net and SVM will be Different
First , I want to Let you know that
So the burn Mechanics in Steem main net and SVM will be Different