This is a historical graph of both Total STEEM and Liquid STEEM supply
(Note) There are two different scales on this graph. For full scale, see graph below.
Liquid STEEM is the remaining STEEM that has not been converted into Steem Power. (Orange Line)
- When STEEM is liquid, it can be readily sold and purchased.
- When STEEM is locked away in SP, it is not liquid, It takes a significant amount of time to convert it back to a liquid form.
This is a graph of the same data. The data of this graph was plotted on the same scale to show the massive difference between Liquid STEEM and STEEM stored in SP
I created these charts with data that I collected over the last few months.
Why are these graphs important?
STEEM is created at a high rate. Currently 8.79% per year. Many Steemians have a concern about STEEM inflation with the high rate of new currency creation. These graphs show that there is a limited supply of STEEM. Inflation is being offset by the rate of STEEM converted to Non-Liquid STEEM.
I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.
---------------------------------------
For a breakdown of how Steemit Rewards system works:
For a breakdown of Steemit Keys:
https://steemit.com/life/@socky/do-you-understand-your-steemit-key
For a breakdown of why Steem Power is Important:
https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read
Esperemos que suba y suba para que nos de beneficios a todos. Aqui seguimos escribiendo y seguimos creyendo en ella.
We hope that it rises and rises so that it benefits us all. Here we continue writing and we continue believing in it.
Yes, I very much hope that we will see great STEEM prices and Steemit use return. Stay strong.
that's how we stay strong, writing and having fun. I at least tell my experiences with my students in the special school, with the things that happen to me in my current job and how I managed to gather my classmates through an old photograph.
Grateful with your contributions and encouragement.
blessings and take care
Follow other and promote other. Be in touch for anything anytime.... Keep working great bro...u will rock👌👍
Steem is good coin and looks so profitable in long term.