STEMGeeks burn report - 76% burned this week - July 20th, 2023
STEMGeeks has burned all the author rewards on @steemgeeks and curation rewards on @stemcuration.
There are 11,775 STEM tokens created for the reward pool weekly.
- @stemgeeks author rewards - 40.873523 STEM
- 75% Author Rewards Burned - 5678.645709 STEM
- APE Mining Club - 3233 STEM
- Burned for post promotion - 0 STEM
Total Burned: 8952.519232 STEM
We continue to burn all our author and curation rewards on our official accounts.
All STEMGeek's official stake is being unstaked
Read more here
Get more author rewards
Post from https://stemgeeks.net and get full STEM author payouts for your posts. Posts made on any other front end will only receive 50% author rewards.
Linear rewards are enabled!
20% of the reward pool goes to STEM Miners?
99% of the miners have been burned. Do you have any?
If you like collecting STEM passively, STEM Miners have you covered.
You can grab some on Hive Engine.
There are a limited number of STEM Miners available.
Promote your posts by burning STEM to @null
Send STEM tokens to null with a STEM post in the memo. This will push your post above all others as a promoted post. It takes very little STEM to do this and be placed at the top as there is little competition for this feature right now.
By using STEM for promotion you reduce the STEM token supply increasing the potential value of the token
Posted Using LeoFinance Alpha
Thats a high burn % this time
yes @dronegril.. I guess this is the highest we have seen thus far.. And most surprisingly the game apemining contributing to - 3233 STEM towards burn. I am guessing we would see more next week as folks there are burning above 500 STEM tokens to get more APE tokens. cheers