Actual Steem Inflation is way above planned inflation
There is something broken within steem ecosystem. Steem inflation as per plan should be less than 10%. But when I did comuptation using data from CMC then I find that actual inflation for steem is 24% and for SBD is -49%.
Steem Inflation Computations
SBD Inflation Computations
This much inflation is not sustainable. And it is the primary reason for steem prices to continuously dropping. There is immediate need to reduce steem inflation to reenergize the steem ecosystem.
I agree you can’t continue with inflation like that, why is this happening? Cheers mike
I don't know how come inflation is more than protocol allows. I am puzzled at that and will try to find answer to that I i can - cheers, @prameshtyagi
When people use the conversion of SBD to Steem it creates new Steem.
Nothing is sustainable in a bear market. We are at the beginning of a new alt season, watch and wait
If that is the case then our claim that inflation is <10% and reducing is flawed. We are practicing bad inflation policy and not even recognizing forget about correcting.
There is no inflation, there is dilution, that's all.