STEMGeeks burn report - 61% burned this week - October 11th, 2022

in LeoFinance4 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 - 29.617674 STEM
  • @stemcuration curation rewards - 1515.445864 STEM
  • 75% Author Rewards Burned - 4708.257353 STEM
  • APE Mining Club - 906 STEM
  • Burned for post promotion - 5 STEM

Total Burned: 7,164.320891 STEM (~61% 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


great to hear keep burning

The price of STEM remains on stable momentum, at the time of writing this post STEM was 0.011 Hive Bid price.

I think it is good to keep it stable for now increasing the demand by burning more tokens.