How Long Till Steem Dollars Pay Interest?
So how long do I need to hold Steem dollars in order to earn any interest?
Even if my plan is to always get more steem power(which it is for now) maybe I should always hold the steem dollars for a bit so I can earn that interest?
Interest on Steem Dollars get paid out once a month (in my case every 22nd of the month - seems to be different for everyone). The amount you get is accumulated over the month.
With
pistonyou can check how much interest you've already accumulated this month. This is what it tells me for your and my accounts:But how long do I have to hold the Steem Dollars for in order to earn interest?
Apparently there is no minimal time, you earn interest whenever you have some, and that's paid out at the end of your monthly term. For example: you are getting 0.001 SBD interest while you have none right now, probably the interest is from having had some earlier this month.
can you give a link to this piston info.
Piston is a command line tool. You have to install it, then you can do all kinds of things with it, including voting, here's the documentation:
http://piston.readthedocs.io/en/stable/index.html
is there code to learn, is it complex; what is the actual point of me using piston please ???
what is this rate percentage of interest paid . . .
10% APR I believe.