STEMGeeks burn report - 28.6% burned this week - May 1st

in LeoFinance6 months ago

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

There are 12,550 STEM tokens created for the reward pool weekly.

  • @stemgeeks author rewards - 52.594949 STEM
  • @stemcuration curation rewards - 987.878055 STEM
  • 50% Author Rewards Burned - 2532.844720 STEM
  • STEM burned for promotion - 16 Stem

Total Burned: 3,589.317724 STEM (~28.6% of weekly reward pool)

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.

STEM curators making as much as 179% APR with linear rewards!

Are you missing out?

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


Good to see the STEM token burn reports and a nice APR for all the token HOLDers that have staked their STEM tokens and are curating. The only question is When can we see the STEM token Moon? Cheers

Stem token burning is the nice initiative and I am seeing that every week there is some burnt tokens, this actually helps us to keep the circulation of the tokens limited and to have the coin prices very steady. I really admire this concept of token burning.

It seems that the stem burning ratio is getting stable at 28.6% now. There are 16 stems burnt which seems to be a good fact for promotion of the content by the community owners.