Over 500,000 STEM burned off @nostem4u account again!

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Previously we burned 500,000 STEM tokens off @nostem4u. We just burned another 500,000+ STEM tokens to completely eliminate the 1M STEM tokens allocated to the @nostem4u anti-abuse account.

The anti-abuse @nostem4u account was 10% of the initial supply, and the sell wall was another 20%. Most of the sell wall (2M out of 2.5M) has been burned, there is still 500K that has not been issued or burned of the original sell wall supply.

STEM has just over 2M tokens in circulation, with over 2.3M STEM tokens burned from the initial supply and weekly reward pool. Before burning, STEMGeeks is already a low inflation token with the lowest inflation and highest burn of other tribe tokens.

We are working on some unique ways to reward the most loyal members of the STEMGeeks community which will announce soon. As always, if you have ideas, please let us know in our Discord.

Posted Using LeoFinance Beta



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6 comments
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(Edited)

The token supply keeps reducing and this is the best time to buy STEM according to me .
We saw how CTP saw the bullish run and just everybody is buying it. In near future , this is what will happen to STEM , it's a no brainer to buy some now .

Regarding the rewarding , is it okay to post the STEM top engagers curation post ( of my engagement project) on STEMGeeks everyday ?

I am planning to have a giveaway of 20 HIVE to top engagers on STEMGeeks for 1st week of March ( ofcourse I will check for quality of comments ) .

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Why not turn the 20Hive into Stem and give that away mate? I personally think Hive as a token is becoming nothing more than a vehicle to derive community tokens from which is a good thing. Soon we won't need it at all. Just a pegged HBD and the community tokens!

Posted Using LeoFinance Beta

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Oh yes , if I do the giveaway it will be in HIVE + STEM and maybe other tokens too :)

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Hope we can get some more burning going on over at Sportstalk, we can clearly see this type of action working over here

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I admire STEM token economics and have been accumulating as much STEM tokens I can.. Way to go keep these token burns coming. #stemburn... Cheers

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We are working on some unique ways to reward the most loyal members of the STEMGeeks community which will announce soon.

How do you define most loyal !! STEMGeeks has potential than any other dapp on hive - just take it to the public - schools, colleges, universities - may be a progressive web app or a native mobile app would do the trick with light sign in integrated from @leofinance.

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