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RE: With STEEM Prices So Low Right Now I Couldn't Resist Buying a Little More of That Sweet Sweet STEEM POWER

in #steem • 8 years ago (edited)

I dont want to destroy your Convictions...
But actually the inflation rate of vested Steem (Steem Power) is NOT 9.5% !
9.5% is the total APR of ALL Steem.
75% of this goes to authors !
another 10% of this new steem goes to witnesses.
The last 15% from this 9.5% inflation finally goes to Steem power Holders.
what does this mean...
You only get 15% of 9.5% APR for your Steem Power Holdings.
which is
0.095 x 15 = 1,425 %
This is the actual inflation you are earning with Holding Steem Power.
i hope you don't regret your decision to power up.

8 years ago in #steem by
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     8 years ago  

    Hmm from what I understood there was another layer of inflation for the vested steem to protect it against the dilution you mentioned above. Maybe that was under the old system?

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     8 years ago  
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       8 years ago  

      "15% of inflation is allocated to Steem Power"

      Well there it is #8 on the list. Thanks for the heads up. Knowing this I might have kept the $6 in reward SBD at the 3% APR.