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RE: ❓Answering Common Questions: What is Steemit? ♨️

in #steem-help • 7 years ago

Thanks, cannot agree more, it is about everyone share such that this could last forever. And it is not about answering a question but to continue to involve. I have a question on steem power, i know steem power will pay interest but how much exactly and how can i know the current rate?

Thanks !

7 years ago in #steem-help by
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     7 years ago 

    I believe (off the top of my head) that the new inflation rate is 9.5% / year...of that 15% goes towards 'interest' on Steem Power. So:

    9.5% / 100 * 0.15 = .01425% per year

    I could be off though...im not quite awake and getting ready for work. Lol. But I think that's right. It's not very much. You get more from curation.

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