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Mining is done by witnesses. The inflation rate is 9.5% and shrinking.

Hmm, that 9.5% is going to be pretty difficult for no names to keep up with, but I hope it works out.

Well, it's not really that much. If you have 100 SP you need to earn 10 Steem in a year to cover the inflation.

Awesome, and I better get to work! 😉