STEMGeeks burn report - 32.3% burned this week - May 15th

in LeoFinance5 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 - 31.415604 STEM
  • @stemcuration curation rewards - 1042.449672 STEM
  • 50% Author Rewards Burned - 2972.805624 STEM
  • STEM burned for promotion - 13 Stem

Total Burned: 4,059.6709 STEM (~32.3% 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.

Posted Using LeoFinance Beta

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The burn ratio has started moving up. In last two weeks it has come up from 28.6% to 30.6% and now it has reached 32.3%, I think its a good sign and there is a stability in the prices too

Frankly speaking love these STEM tokens Burn that are coming in each week. Though we are not seeing upward movement for the STEM token at the moment but I'm sure in near future with students, prof. and other folks joining the STEM community we see the upward movement of the price. Right now I have been buying and building my STEM token portfolio... looking forward to 50K STEM tokens staked... cheers