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RE: The Days Of Earning STEEM By Blogging Are Coming To A Close...And This Is A Great Thing For All Steemians!!!!

in #steem7 years ago

Per year. From the FAQ:

Starting with the network's 16th hard fork in December 2016, Steem began creating new tokens at a yearly inflation rate of 9.5%. The inflation rate decreases at a rate of 0.01% every 250,000 blocks, or about 0.5% per year. The inflation will continue decreasing at this pace until the overall inflation rate reaches 0.95%. This will take about 20.5 years from the time hard fork 16 went into effect.

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@preparedwombat.

Have the levels changed to be in the top .1%, 1%, 5% and 10% SP holders?

I know you ran the numbers a few weeks ago....do they change slowly or at a rapid pace?

I don’t follow it closely but will take a look tonight when I can use a computer; steemdb.com is a bit clunky from a phone.

Thank you sir....It is greatly appreciated.

It was a few weeks ago when I last checked. Did not note at that time the SP needed to be in the top 0.01% but at that point it was (I rounded to whole numbers):
1% = 502 SP
5% = 40 SP
10% = 12 SP

Today it is
0.1% = 11,101.207 SP
1% = 485.301 SP
5% = 36.829 SP
10% = 11.698 SP

That’s a huge difference between the top 1% and the top 0.1% so I also checked the top 0.5% which turned out to be 1,313.762 SP and the top 0.25% which, as of today, is 3,347.734 SP

Right now, there are 1,020,723 Steemit accounts.

That is very interesting that it went down from the last time you did it.

I guess when I think about it, that makes sense.