STEMGeeks burn report - 79% burned this week - July 20th 2022

in LeoFinance2 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 - 32.014551 STEM
  • @stemcuration curation rewards - 1600.173476 STEM
  • 75% Author Rewards Burned - 5166.525364 STEM
  • APE Mining Club - 2077.001241 STEM
  • STEM burned for promotion - 33.201739 Stem

Total Burned: 8,908.916371 STEM (~79% 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.

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Hi Geeks,

It seems STEM is building its price or either maintaining it during the course of burning.

Is every publisher's author reward is burned? What is the APY of STEMM?

Thanks

From all the tokens the tokenomics are by far the best in stem. The weakness of stem is that general people dont care that much about science especially not if its not a fun video :)

 2 months ago 

Is every publisher's author reward is burned?

No, but if you do not post on https://stemgeeks.net 75% is burned.

What is the APY of STEMM?

I am not sure, this changes based on how many miners are staked and price. I think right now it is around 10%.