STEMGeeks burn report - 72% burned this week - Feb 17th 2022

in LeoFinance6 months ago

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

There are 11,1190 STEM tokens created for the reward pool weekly.

  • @stemgeeks author rewards - 42.150006 STEM
  • @stemcuration curation rewards - 1210.000401 STEM
  • 50% Author Rewards Burned - 4409.686284 STEM
  • APE Mining Club - 2385.587804 STEM
  • STEM burned for promotion - 5 Stem

Total Burned: 8,047.424495 STEM (~72% of weekly reward pool)

STEMGeeks is approaching 3 years! The weekly (proof of brain) reward pool is 11,190 tokens, but will shrink soon.

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

Sort:  

Love to see these STEM tokens burn and the rate at which they are being burnt it's just a matter of time before we would see these precious STEM tokens being traded at a higher price. cheers

True even though we need a little bit more attractive stem topics /things. Burning wont increase demand only reduces supply :)