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RE: 5 Reasons Why You Should Power Up Your SteemDollars (SMD) to SteemPower (SP)
Thank you! this explains it perfectly. i was looking for a guide which summarizes all the information! thanks for the great post
Me too. The Steem Whitepaper is great, but it did'nt answer all of my question. I'm looking for a simple formula to calculate the SP interest. As I understand it right, Steem has an inflation of 100 % per year (see whitepaper p. 8). And 10% of the new steem goes to the rewards for content by voting. The rest, 90% of the new Steem in a year, goes to the holders of SteemPower. Then SteemPower has an interest per year of 90%. Is this correct or do I mixing things up?