Liquid STEEM Report Oct 2, 2018

[socky]

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 8.72% 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.

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For a breakdown of how Steemit Rewards system works:

https://steemit.com/steemit/@socky/steemit-rewards-breakdown-a-simplified-explanation-with-illustrations

For a breakdown of Steemit Keys:

https://steemit.com/life/@socky/do-you-understand-your-steemit-keys

For a breakdown of why Steem Power is Important:

https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read

Comments

[d00k13]

@socky imagine how the graph would look say we could take a 100% liquid payout?

Posted using Partiko iOS

[socky]

Oh man! It definitely would be different!

[d00k13]

Now the statistics I’m curious about is fiat in vs fiat out for the Steem blockchain. Not sure if it is even possible but I wonder what is our actual monetary value? Have we had more fiat in then out with our inflation rates so high, or is it simply intrinsic value?

Posted using Partiko iOS

[pattayaonline]

Thank you that was very helpfull

[socky]

Glad you found it useful

[arjun9]

great post keep it up

[girlsfoundation]

Thanks for the update @socky.
Nice one.

[socky]

There is a girslfoundation to empower women? Sounds great.

[girlsfoundation]

Yes sir. Thank you very much.
We have done lots of outreach so far, currently we are on our fourth out reach which is to empower women in agriculture.
You can check it out at your spare time.

[anitacarolina]

Hi @socky thks for your information greetings from me😄

[mosunomotunde]

Wow! Thanks for this analysis...very concise and self explanatory for people like me.