Liquid STEEM Report June 26, 2018
This is a historical graph of both Total STEEM and Liquid STEEM supply
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 locked away in SP, it is not liquid, It takes a significant amount of time to convert it back to a liquid form.
The linear line (dotted line) is a line fit to the Liquid STEEM to show if Liquid STEEM is going up or down over the entire time period.
I created this chart with data that I collected over the last few months.
Why is this graph important?
STEEM is created at a high rate. Currently 8.85% per year. Many Steemians have a concern about STEEM inflation with the high rate of new currency creation. This graph shows since February, more STEEM has been converted to SP than new STEEM creation. This means that even with the high rate of new STEEM creation, the available supply has decreased.
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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
Sended you a message on steemit chat.
Lock them up and Steem coin will have a stable px
Thank you very much for sharing the beautiful report. I follow every post you do. You do a lot of good work in steemit,
you are welcome
But as we can see more and more steem is converted into sp.
You got it!
Cool, thanks for sharing.
A great report to seriously check on as to the rate of steem now or in future...... Helpful tips in here.
@socky is a scammer. @socky and @senseicat is run by the same person. All @socky ever does is upvoting accounts run by him and reaping the reward pool. His post are useless 2 sentences with a few silly pictures, no real contribution that can justify 7$ upvote.
Feel free to report @ahuruglica and @ctyptouniverse abuse here http://steemcleaners.com/reports/new
@socky is a scammer. @socky and @senseicat is run by the same person. All @socky ever does is upvoting accounts run by him and reaping the reward pool. His post are useless 2 sentences with a few silly pictures, no real contribution that can justify 7$ upvote.
Feel free to report @ahuruglica and @ctyptouniverse abuse here http://steemcleaners.com/reports/new
@socky is a scammer. @socky and @senseicat is run by the same person. All @socky ever does is upvoting accounts run by him and reaping the reward pool. His post are useless 2 sentences with a few silly pictures, no real contribution that can justify 7$ upvote.
Feel free to report @ahuruglica and @ctyptouniverse abuse here http://steemcleaners.com/reports/new
@ahuruglica I counted 454 times you made the same comment over the last 2 months and self voted your comment without voting the post that you commented on. Your other account @Cryptouniverse voted those same comments as well. Who was the scammer?
That is why I went after your comments as comment spam. Now you are spamming my blogs. Shame!