STEMGeeks burn report - 77% burned this week - May 1st, 2023

in LeoFinance28 days 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 - 81.533465 STEM
  • @stemcuration curation rewards - 433.812798 STEM
  • 75% Author Rewards Burned - 7149.553169 STEM
  • APE Mining Club - 1408 STEM
  • Burned for post promotion - 15 STEM

Total Burned: 9,087.899432 STEM (~77% of weekly reward pool)

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

All STEMGeek's official stake is being unstaked

Read more here

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 collecting STEM passively, 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 Alpha

 27 days ago 

77% burned after we got rid of the original @stemcuration stake? Pretty good.

 26 days ago (edited)

There is still a little stake being powered down from @stemcuration which will take a while to fully get out. Next week will likely be much less. There is also a few extra days as I have been on shoddy Internet.