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RE: TIL: How much STEEM is added to the reward pool per day?

in #steem7 years ago

The supply of STEEM grows exponential instead of linear. For example:

  • 9.5% of a supply of 250,000,000 is 23,750,000 new STEEM per year.
  • 10 years later: 5% of a STEEM supply of 479,000,000 is 23,949,932.76 new STEEM per year.

Besides, the price of STEEM will be much higher 10 years from now :)

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Can one sum this up as: "there's about 24 000 000 new STEEM being produced each year" ?