The market cap of steem isn't very relevant though, is it? I'd much rather know how much steem is locked into steem power, which is a much closer analog to market cap than steem supply * steem price.
I'm trying to do the math here. Steemd.com shows there are currently 381 billion vests. With 489 steem per million vests, you can calculate that 186 million steem are currently locked into steem power.
(381B/1M)*489=186M
Maybe my math is wrong? Would love a double check.
yeah whatever you say then