STEMGeeks burn report - 56% burned this week - October 2nd, 2022

in LeoFinance2 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 - 31.791238 STEM
  • @stemcuration curation rewards - 1365.413664 STEM
  • 75% Author Rewards Burned - 4338.381822 STEM
  • APE Mining Club - 798 STEM
  • Burned for post promotion - 15.903134 STEM

Total Burned: 6,549.489858 STEM (~56% of weekly reward pool)

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

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.


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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Good to see the numbers for APE Mining Club burning for STEM nearing 1K.. Keep the burning of STEM tokens coming. cheers

Actually burns in ape should be 2k+ there wasnt much stealing this month

ok.. only thing that I don't understand.. why isn't the price of STEM taking off.. when will that time come.. looking forward to some good momentum in the price of STEM token. cheers

Burn by burn making STEMgeeks a tight and strong tokenomics