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RE: STEEMIT FAQ: - A VERY SIMPLE explanation of how your Steemit EARNINGS work

in #steemit-faq9 years ago

Short but sweet! Hits the high points about the different flavors of Steem!

I covered this more in depth today; hope you don't mind me linking to it! And my article links to one by donkeypong, so people can continue their research. https://steemit.com/steem/@kenny-crane/what-should-i-do-with-my-steem-dollars-and-steem-power-expanding-on-donkeypong-s-article

However STEEM Power earns interest that counteracts STEEM's high inflation.

I think when people hear the word "interest" they think they will come out ahead, but it seems the Steem Power payments only cover 90% of the inflation. See what I said in my article about this, and also what I said to donkeypong in the comments. In any case, this is a great platform and I think we'll all do quite well here in the future! Best wishes!