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My investment in $STEM token & Why I continue to stay invested in $STEM?

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gungunkrishu
@gungunkrishu
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Hey All,

Lets begin with checking on some numbers associated to $STEM token. The above image pretty much explains the total supply which currently stands 7+ Million, total $STEM burn is 58% close to 4+ Million tokens burnt till date. Staked $STEM tokens is 74% which is around 2+ Million and circulating supply at the moment is 41% which comes out to be 3+ Million. So without a doubt the numbers associated to $STEM tokens is quite impressive and with weekly burn mechanism in place we see the token supply getting further reduced. Check the last report - - STEMGeeks burn report Here. In last report was saw 44% of the $STEM tokens from the reward pool was burnt. STEMGeeks had burned 11K+ $STEM tokens associated to all author rewards on @steemgeeks and curation rewards on @stemcuration.

My current stake in $STEM...

I have closed to 79K+ $STEM staked and that is being used for curation on the stemgeeks portal. I also have 100 STEM Miner tokens which get you collecting STEM passively, don't want to earn $STEM via posting or curating then STEM Miner have you covered and can be bought from Hive Engine. There is another fact about the STEM Miner where 99% of the miners has already been burnt. And we just have 5.8K miners and out which 97% are staked. So we ideally have 174+ STEM miners available for SALE.

Considering the current tokens economics that we have for the $STEM token and my overall research I can see that $STEM token has got the best token economics when you compare it to the other second layer tokens here on the HIVE blockchain. If you have a topic around science, technology, maths or as matter of fact engineering you can leverage the stemgeeks portal to earn yourself $STEM tokens. As I continue to build my investment in $STEM, I am targeting 100K+ $STEM staked as an immediate goal. I know the price of the $STEM token is not at all justified but you never know when the things can change and become favorable for a project like Stemgeeks.

So the plan that I have for $STEM token is that I will continue to stay invested, build my portfolio further up and at the same time will be looking for opportunities if I can grab $STEM for cheap from the internal markets. In a nutshell no selling any of these $STEM tokens - Just BUILD & HODL - $STEM at the moment...I do have close to 18K+ liquid $STEM as well which I bought sometime ago and have been accumulating them at cheaper prices.

Have Your Say on $STEM...

What are your thoughts about the STEM token & its token economics? Do you have a GOAL that you have set for yourself to accomplish/stake STEM tokens or its Miner STEMM?

#stem #miner #stemtoken #stemgeeks #science #math #technology

Why I continue to stay invested in $STEM?

Best Regards Image Credits:: stemgeeks, hive-engine

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