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RE: Steem Hyperinflation

in #dilution8 years ago

There is some type of reverse split schedule I heard, but it does seem astronomical given the current whale values growing daily....it's like the Fed pumping and making more fake money...the dollar keeps devaluing.

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Yes, I understood it to be done after x number of blocks. However, current inflation rate is pointing at about 1% per day or 5000% per annum when compounded. So this reverse split will need to happen less than 1 per year to contain the number of steem tokens.