Hey Steemians!
Does anybody knows the exact Steem Power Interest Rate?
OnOn the Internet I found many different posts, where people asked and thought about, how high the interest rate of steem power actually is. But all of those posts are really old (around 6 months).
There are also some calculator like the one here (https://jscalc.io/calc/KcEkRo6qv2s8CM6S) But I'm not sure if those are correct, I mean, that calculator says, you earn 0.6 % A DAY!
Does anybody knows exact numbers? I didn't even found something about it in the Whitepapers....
Somewhere I read some time ago, that it might be around 3.45% A YEAR, can somebody confirm that, or is that wrong?
Thanks for answers! :)
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As I understand it. The interest rate is variable, and is adjusted with maintaining the value of the Steem dollar in line with the US dollar. Though I am unable to locate anywhere that states specifically what the current value is.
There's no fixed rate, there's fixed amountof tokens, about 3.5mio p.a.
So for now it makes about 1.7% p.a. but suppose users will convert half of current total SP into liqud Steem, it will be 3.4% then.
Source.