Weekly Burn Report - 16.9% of this weeks STEM tokens burned!

in stemgeeks •  7 months ago 

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

There are 16,128 STEM tokens created for the reward pool weekly.

@stemgeeks author rewards 206.208 STEM

@stemcuration curation rewards - 10.283 STEM

@nostem4u author rewards - 4.088 STEM

STEM burned for promotion - 10 STEM

Misc Token Burn - 2,500 STEM

Total Burned: 2,730.579 STEM (16.9% of weekly reward pool)

Misc Token Burn

2,500 STEM was burned in appreciation of free tools created by @themarkymark.

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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Added to @mack-bot and @spaminator for multi account farming.

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