STEMGeeks burn report - 100% burned this week - March 16th 2022

in LeoFinance5 months ago (edited)

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

There are 11,1190 STEM tokens created for the reward pool weekly.

  • @stemgeeks author rewards - 38.038894 STEM
  • @stemcuration curation rewards - 2,007.379264 STEM
  • 75% Author Rewards Burned - 7,060.038508 STEM
  • APE Mining Club - 10,132 STEM
  • STEM burned for promotion - 6 Stem

Total Burned: 19,243.456666 STEM (~100% of weekly reward pool)

STEMGeeks is approaching 3 years! The weekly (proof of brain) reward pool is 11,190 tokens, but will shrink soon.

We continue to burn all our author and curation rewards on our official accounts.

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 now enabled!


20% of the reward pool goes to STEM Miners?

99% of the miners have been burned. Do you have any?
If you like passive income, 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 Beta

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Please enjoy some #CENT Tokens just for being so awesome :)

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great to see 100% STEm rewards being burned. I guess the burning is more then the rewards being distributed. And this is coz. of Apemining club game mechanics that is burning more STEM tokens.. At this pace the STEM tokens are going to be scare.. which all together is good. cheers

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 5 months ago 

I gotta say. The price of STEM held up okay compared to many other tokens.

 5 months ago (edited)

It has and has been going up slowly, but considering the distribution it feels very undervalued but I’m not surprised considering it isn't in the spotlight.

 5 months ago Reveal Comment