Hi @soulsistashakti ,
both your STEEM Power and your Steem Dollar earn interest. Currently Steem Dollar receive 10% interest. This is automatic by just holding them in your wallet, no action required from you.
You are viewing a single comment's thread from:
Thank you very much and thank you for your efforts to help the community better understand Steem :)
Your are welcome :) This is a great community.
Is the interest rate on Steem power and Steem dollars the same?
No, it is not the same. Calculating interest on Steem Power is a bit more difficult - it is certainly more than 10% just because Steem is also inflating quite a bit over time. This article offers a calculator for Steem Power interest: https://steemit.com/steem/@taoteh1221/steam-power-interest-rate-calculator