STEMGeeks burn report - 30.6% burned this week - May 8th

in LeoFinance7 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 - 39.989164 STEM
  • @stemcuration curation rewards - 1,048.732853 STEM
  • 50% Author Rewards Burned - 2,755.883011 STEM
  • STEM burned for promotion - 2 Stem

Total Burned: 3,846.605028 STEM (~30.6% 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 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.


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.

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After a fall of burning ratio for last two weeks we are finally seeing the burn ratio going up once again. Hope this helps to maintain the equilibrium in the market prices of the tokens.

The burn amount varies up to around 5% week to week.

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STEM has the best token economics here on the hive blockchain. And with these STEM token Burns, every week makes it even better. cheers