STEMGeeks burn report - 89% ($691) burned this week - September 29th

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 - 35.711880 STEM
  • @stemcuration curation rewards - 1209.689925 STEM
  • 50% Author Rewards Burned - 3,112.951421 STEM
  • APE Mining Club - 5,588.809002 STEM
  • STEM burned for promotion - 11.622687 Stem

Total Burned: 9,958.784915 STEM ($691 or ~89% of weekly reward pool)

STEMGeeks is 2 years old! This means the weekly inflation has been reduced to 11,190 tokens.

We have recently burned 1 million STEM tokens of the @nostem4u anti-abuse while retiring it's service.

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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Great one with the weekly burn. This is a really good to one to keep the price up and make the token more solid. Better days ahead

Nice information.i will like to get this steem token.The token is really doing well.But what I don't know how stable the coin is,is the token stable.

Posted Using LeoFinance Beta

Almost 10k STem tokens burns this and great action team @stemgeeks
More power to Stem.

 2 months ago Reveal Comment