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RE: Powerup Statistics #21 - Sep 14th - Sep 27th + Addressing STEEM Inflation and why SBD is $0,62.

in #exyle • 5 years ago

Steem supply exactly one year ago: 277,601,568 STEEM
Current Steem supply: 326,376,868 STEEM

Difference: 48,775,300 STEEM
Inflation last 365 days: 17,6%.

Pretty high, but mostly due to the SBD conversions, as you explained. The current inflation is much lower.

5 years ago in #exyle by
$0.72
  • Past Payouts $0.72
  • - Author $0.42
  • - Curators $0.30
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     5 years ago  

    Thanks for confirming!

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       5 years ago  

      Wow, even being here for 3 years I didn't realize the real result of the inflation caused by SBD conversions. I mainly took everything as the current inflation is 8.59% but 2+% of that is going back to STEEM Power holders which is still higher than the inflation rates of Bitcoin, Litecoin, Monero, EOS at the moment. I didn't realize that the STEEM inflation was effectively 17.6% for the last 365 days!!!!! This is honestly way worse than I thought the situation was. Yikes

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