STEM Token Burn Update

in stemgeeks •  20 days ago 

STEMGeeks has burned all the author rewards on @steemgeeks and curation rewards on @stemcuration.

There are 16,128 STEM tokens created for the reward pool weekly.

@stemgeeks author rewards - 202.689 STEM
@stemcuration curation rewards - 238.211 STEM
STEM burned for promotion - No STEM burned for promotion

Total Burned: 440.900 STEM (2.7% of weekly reward pool)

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.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
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