STEMGeeks burn report - 32.9% burned this week - March 19th

in LeoFinance3 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 - 120.299555 STEM
  • @stemcuration curation rewards - 1194.322731 STEM
  • 50% Author Rewards Burned - 2,800.739704 STEM
  • STEM burned for promotion - 10 Stem

Total Burned: 4,125.361985 STEM (~32.9% 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


All I can say is that STEM token here on the hive blockchain has the best token economics and what makes it better each day is the weekly STEM token burn report... Cheers

Every week i see the burn report on every Saturday. Over the week the prices have remained pretty stable. I guess the burning helps us to keep the token prices steady and rising. Every week it would be great to see the post from stem frontend too