The latest SCOT token that has caught my eye is the $STEM token. This is the main token for the STEMGeeks community. There are a few reasons I like this token amongst the other Hive-Engine tokens and below are the reasons:
- STEM Token Supply
The token supply is currently a maximum of 2.3 million tokens. That's a small amount compared to a number of other tokens. I also like the burn rate of the token, making it scarcer and sending a good message that these will be kept at a premium.
- STEM Miner Token Supply
The STEMM token is the miner on Hive-Engine and provides stakers STEM token daily depending on the number of tokens they have staked. The total supply is great and a number of tokens have been burnt to significantly lower the total supply. These have been snapped up lately indicating that the community support is there.
- Community Strength
This token supports a very niche community that no other tribe token supports. There are no junk posts rewarded and the community seems to be closely monitoring what is rewarded. The price has seen an increase and a dip but is heading north again after some big buys. As the community is very focused, I can see this being the next big tribe token and am going to invest both time and money into the community.
Take a look and see what you think.
Thanks for reading.