STEM Token burn update

in hive-163521 •  2 months ago 

As stated previously, we are burning all author rewards on @stemgeeks and liquid curation rewards for @stemcuration accounts.

We have burned 347 STEM tokens between these two accounts.

As mentioned previously, our administrator accounts will burn rewards as we want to encourage organic rankings even for our posts but don't want to take tokens from the reward pool that are better distributed to quality posts in the STEMGeeks community.

We currently only have a few users using promotion features, you can increase your rankings on STEMGeeks and Steempeak by sending STEM tokens to null to increase visibility on your posts.

If you have other ideas to burn STEM tokens please let us know!

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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I actually didn’t know burning SE tokens work on @steempeak.

You have to be in Tribes mode, but it shows promoted and ranks accordingly.

This is totally a guide dang it moment.

Congratulations @stemgeeks! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 40 posts. Your next target is to reach 50 posts.

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To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

Valentine's day challenge - Give a badge to your beloved!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!