STEMGeeks burn report - 82% burned this week - July 11th 2022

in LeoFinance3 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 - 26.625001 STEM
  • @stemcuration curation rewards - 1536.697744 STEM
  • 75% Author Rewards Burned - 4919.00154 STEM
  • APE Mining Club - 2715.663321 STEM
  • STEM burned for promotion - 24.628409 Stem

Total Burned: 9,222.616015 STEM (~82% of weekly reward pool)

This is the last week with the current inflation, next week will be the 3 year anniversary and the inflation will be reduced.

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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 3 months ago 

What's the inflation rate like next week?

 3 months ago 

6.17% before any burns

I see that after this burn STEM price is doubled and stabilized at 0.033Hive. I think it will grow overtime as new burn process will reach.

Is there any power up day plan for 3rd anniversary?