About STEM Token
STEM is a utility token that powers the decentralized Crypto-NFT ecosystem within the Nerd Head Club.
What can STEM be used for?
• Users can earn STEM by staking Nerd Head Club and Nerdette Club NFTs.
• Users can deposit STEM into the Nerd STEM Bank to earn Wrapped POL.
• STEM can be used to buy and sell NFTs in the STEM NFT Marketplace.
• Users can burn STEM on the Burn STEM - Take NFT platform to receive random NFTs.
• STEM is deployed across 18 chains with Axelar Interchain.
1. STEM Token Specifications
The maximum supply is permanently fixed to 21,000,000 STEM. On February 12th 2022, the initial total supply of STEM was 300,000 and the allocation was like this:
2. Staking Mechanics
STEM tokens are earned by staking Nerd Head Club and Nerdette Club NFTs. This incentivizes users to stake their NFTs and actively contribute to the ecosystem’s growth. The staking reward rate is 0.1 STEM every 4 hours, calculated based on Polygon block numbers. Block times may vary slightly and may impact rewards.
3. Contract Addresses
Supported EVM chains:
Useful Links
- Exchange: QuickSwap
- Chart: Defined.fi
- Chart: Dextools.io
- Learn how to buy STEM Token: Tutorial