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RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 5/31/2018

in #steem7 years ago

Is xx number of MVests always corresponding to the same number of SP?
Or is there something like a moving exchange rate between those items?

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STEEM per MVest increases over time. It is payment to those who invest in the blockchain by powering up.

Someone who sells out now will have to use more STEEM in a year to get the same number of MVests. Last i checked 1 MVest was roughly 480 STEEM....

I am not sure what it is now...that was a while ago.