No. STEEM once had high inflation but it was changed to be 9.5% per annum in 2016 and that rate is supposed to drop by 0.5% per year.
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No. STEEM once had high inflation but it was changed to be 9.5% per annum in 2016 and that rate is supposed to drop by 0.5% per year.
How is that possible when so much steem is generated every day from posts.
The STEEM is generated per day regardless of the posts. It seems like a lot of money but remember the market cap for STEEM is about $1.3 billion USD!
Ok I agree with you now and am following you. Thanks for the info. Luckily I am holding steem power and not sbd.