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RE: Powerdown Statistics #7 - March 15th - March 28th - Inflation of STEEM is accurate again! Yes!

in #exyle5 years ago

Hey @exyle

Can you point me to an easy explanation for steem inflation..
Eli5

If we started year 1 at 100 steem produced whats expected for coming years

And how is it compared with other cryptos ??

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https://steemit.com/steem-inflation/@fyrstikken/what-is-the-inflation-rate-of-steem-here-is-the-supply-table-for-the-next-20-years

Screenshot 2019-03-28 at 09.18.04.png

This table was from before the massive SBD conversion. But it gives the general idea of how it works.

Currently there are 305,619,755 STEEM out there and 9,000,000 SBD.

Tks , much appreciated.

How do you feel about never ending supply ?

It's fine imho. Without it the reward pool wouldn't work and it's not a terrible big amount. A little over double what we have now in 20 years.

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