You are viewing a single comment's thread from:

RE: S16W6: STEEM Tokenomics

Hello friend greetings to you, hope you are doing well and good there.

You said tokenomics mechanism of STEEM have advanced . At first, STEEM had a persistent symbolic issuance model where new tokens were made and conveyed as remunerations for content creation and curation on the stage. This boosted client support and developed the environment. ayes very true my friend you have said it very well about tokenomic mechanism of STEEM. These days it's too much advanced and ofcourse many changes has been made throughout.

Ofcourse this is too much true that staking give us a complete insight detail of a platform such as Steem, where they have proof of stake mechanism with them. In Steem for earning reward you must have to stake some amount of STEEM token.

You have beautifully explained proof of Brain phenomena of STEEM too. you said STEEM blockchain, worked with by systems like Proof-of-Brain (PoB), which is very true. Steem give rewards to it's users by creating quality content.

I wish you very best of luck in this contest.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 62299.02
ETH 2440.23
USDT 1.00
SBD 2.65