STEMGeeks burn report - 53% burned this week - October 19th, 2022

in LeoFinance3 months ago

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

There are 11,775 STEM tokens created for the reward pool weekly.

  • @stemgeeks author rewards - 25.70336 STEM
  • @stemcuration curation rewards - 1447.061835 STEM
  • 75% Author Rewards Burned - 4233.989907 STEM
  • APE Mining Club - 527 STEM
  • Burned for post promotion - 38.524606 STEM

Total Burned: 6,272.279708 STEM (~53% of weekly reward pool)

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

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


Impressive numbers on STEM token burn. Looking forward to some action towards the price of the STEM token. Hopefully one day we gonna see the pump in price of the token. cheers

The time will come when the STEM Community puts Stemgeeks in the number 1 spot