STEMGeeks burn report - 30.8% burned this week - April 17th

in LeoFinance2 months ago

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

There are 12,550 STEM tokens created for the reward pool weekly.

  • @stemgeeks author rewards - 60.786555 STEM
  • @stemcuration curation rewards - 1019.849740 STEM
  • 50% Author Rewards Burned - 2778.647205 STEM
  • STEM burned for promotion - 1 Stem

Total Burned: 3,860.2835 STEM (~30.8% of weekly reward pool)

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

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.

STEM curators making as much as 179% APR with linear rewards!

Are you missing out?

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


Only 1 STEM was used for promotion? Weak.

I always wait for this post on weekends. There seems to be a new line item added today to the post. Amount burnt on promotion of stem, its only one stem right now but i am sure it would be much more soon

Wow this looks really awesome. The numbers of this tribe are quite cool and as I see I always see the post on burning of the tokens. I am new to this forum but I am sure there is a lot to be learned from this forum always. I am really keen on learning new things about technology

STEM token #burn for good & the best token economics here on the HIVE blockchain.. But when Moon? I guess soon.. cheers Let these STEM tokens burns keep coming. cheers