RE: Could Stemgeeks Be The Next Hive Tribe To Excel?

Thanks for the mention @taskmaster4450

I'd be happy to answer any questions anyone has. Feel free to hit me up here or on Discord.

A few things to note:

A bulk of the existing tokens were issued immediately for the sell wall which has been burned off in a regular basis, we are around 50% of the sell wall burned right now. 95% of the available miners have been burned as well.

When the tribe was originally created, I wasn't sure the exact tokenomics so I made the max supply high enough to handle multiple options. I then wanted to burn down what was going to be needed to provide a form of contract we wouldn't create them.

All STEM tokens will be created from two inflation pools.

Proof of Brain: 80%
Mining: 20%
The calculated inflation rate is initially 8.41% which will be around 840,690 STEM tokens in the first year and dropping 3% each year until it hits around 2%.

In the first year around 672,000 STEM tokens (80%) will be rewarded from the reward pool for authors and curators. Around 168,000 STEM tokens (20%) will be rewarded to users who have staked STEMM miner tokens.

You can read about more details in the introduction post.

Abuse is handled with firm resolve, although we have gotten to the point I rarely need to step in. I am very proud of the distribution, spam and shit posts get nothing and good posts are getting rewards.

We have 4 official curators and looking for one more.

STEMGeeks is also the mastermind behind the very successful Hive Hackathon and we are currently planning round two.

When planning the tribe, I paid close attention the tokenomics, we have half the inflation as most of the tribes and produce less than half the tokens. We are very vigilant to make sure they get in the right hands.