Quora Onboarding Initiative. Q- What percentage of the total supply of STEEM is held as STEEM power in the Steem blockchain?
Q- What percentage of the total supply of STEEM is held as STEEM power in the Steem blockchain?
We can check the data from Steemd.com and then calculate what percentage of the total supply is in the form of STEEM POWER.
Please note that the total supply here would mean the total virtual supply which also includes the total supply of SBD.
From Steemd.com,
The total supply of STEEM= 335,392,519
The total supply of SBD= 7,365,254
=> The total virtual supply= 335,392,519 + (7,365,254 SBD in STEEM Equivament)= 372,658,310 STEEM
The total virtual Supply= 372,658,310 STEEM
Vesting Fund= 209,505,232 STEEM (This is SP as technically SP is vesting fund and the blockchain reads SP as vests)
=> Total SP as a percentage of the total virtual supply= 209505232/372658310 = 0.5622 = 56.22%
So currently 56.22% of the total virtual supply is in staked form, which means in the form of STEEM Power.