You are viewing a single comment's thread from:

RE: How much STEEM is being Powered Up & Down daily?

in #steem7 years ago

As I know inflation is 100%. 10% is distributed to content creators and 90% is distributed among steem power owners(is like an investment in the platform, but once you power up, you can power down in equally amounts split over 24 months ).

Sort:  

You have probably read the outdated whitepaper?
The inflation rate was changed to 9.5% 8 months ago: https://steemit.com/steem/@steemitblog/final-review-of-steem-economic-changes

75% of inflation goes to authors and curators
15% of inflation is allocated to Steem Power holders
10% goes to the witnesses.
Powering Down takes 13 weeks now.

I didn't know powering down takes that long! I should have read more carefully before powering up everything I have... but I plan to hold it longer than 13 weeks so that is fine with me

I just checked and it seems to be done in 7 days according to the info in the wallet?

Bildschirmfoto 2017-07-19 um 18.59.40.png

Yes, that's right. It takes 13 periods of 1 week. After 1 week 1/13th of your SP is powered down.

Ok understood. Thanks for the clarification!

Thanks for clarifying this. I appreciate the work you do in presenting this kind of data.