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RE: Steem Power Interest Is Not Compound Interest!

in #interest8 years ago

So even if our steem power goes up our Vests never will without additional investment? How would we calculate our returns then on Steempower. It doesnt seem like a basic interest rate calculation works.

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you need to contribute to the community via curating, posting and commenting. if you just sit on the vests and do nothing, you wont get anymore vests. however when mapped to SP units, it does compound, even if you do nothing. But in that case, you are losing ground to the others that are actively contributing

STEEM is NOT a simple one dimensional passbook account. To try to understand it in those terms will lead to misunderstanding