Liquid STEEM Report Jan 21, 2019

in stats •  last year 

This is a historical graph of both Total STEEM and Liquid STEEM supply

(Note) There are two different scales on this graph. For full scale, see graph below.

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 STEEM is locked away in SP, it is not liquid, It takes a significant amount of time to convert it back to a liquid form.

This is a graph of the same data. The data of this graph was plotted on the same scale to show the massive difference between Liquid STEEM and STEEM stored in SP

I created these charts with data that I collected over the last few months.

Why are these graphs important?

STEEM is created at a high rate. Currently 8.60% per year. Many Steemians have a concern about STEEM inflation with the high rate of new currency creation. These graphs show that there is a limited supply of STEEM. Inflation is being offset by the rate of STEEM converted to Non-Liquid STEEM.

I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.

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For a breakdown of how Steemit Rewards system works:

https://steemit.com/steemit/@socky/simple-steemit-rewards-breakdown-how-it-works-since-hf20

For a breakdown of Steemit Keys:

https://steemit.com/life/@socky/do-you-understand-your-steemit-keys

For a breakdown of why Steem Power is Important:

https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read

How to improve STEEM payment system:

https://steemit.com/steemit/@socky/introducing-the-hand-shake-and-how-it-can-revolutionize-steem-blockchain

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big spike due to steemit powering down.... but price has been going up.... who knows whats going on behind the scenes

You have to be able to read Korean to know what is going on.

got any links for me to translate?

This comment seems to contain false/old info.

Well, now the graphs have the power down of STINC :(

This post has been included in the latest edition of SOS Daily News - a digest of all you need to know about the State of Steem.



Thank you

'These graphs show that there is a limited supply of STEEM.'
Whereas previously it was believed that the supply of STEEM was unlimited?

The supply of STEEM is intended to grow with the population but the print rate has limits and that percentage decreases over time.

Oh. With the population of Earth? Or of the blockchain?