STEMGeeks burn report - 195.3% ($2,954) burned this week - August 29th

in LeoFinance2 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 - 34.917610 STEM
  • @stemcuration curation rewards - 1,188.645509 STEM
  • 50% Author Rewards Burned - 2,601.894850 STEM
  • APE Mining Club - 18,023.261 STEM
  • STEM burned for promotion - 5 Stem

Total Burned: 21,852.718969 STEM ($$2,954 or ~195.3% of weekly reward pool)

STEMGeeks is 2 years old! This means the weekly inflation has been reduced to 11,190 tokens.

We have recently burned 1 million STEM tokens of the @nostem4u anti-abuse while retiring it's service.

Get more author rewards

Post from 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


Already two years old community is now stabilizing and growing with innovation like ape mining. Fantastic to be a part of this community

Great one with the burn. Nice seeing all that is going within the community. Congratulations on becoming years old. Hope to see every goal of the community reached. Better times ahead for sure

Congratulations for completing 2 years and now we can see good growth in stem token economy. Ape mining is going to add more action as well it seems.
Burn of 21,852.7 stem is a bit amount and it's worth 3k $ . Great work team

Fantastic, we'll start seeing the price of STEM start peaking soon. This is Fantastic!

Posted Using LeoFinance Beta

that is a big fire! !PIZZA

@stemgeeks! I sent you a slice of $PIZZA on behalf of @stickupboys.

Did you know you can earn $PIZZA through Hive-Engine Diesel Pools? (5/20)

The tokenomics just got a BIG boost. It will be very interesting (and hopefully lucrative) to see where this leads over the next few months....


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