What is the inflation rate of STEEM? Here is the Supply-Table for the next 20 years!
the RAW inflation-data for STEEM. This data is often requested by investors and should be easily accessible. Big thanks to @abit for providing the following yearly supply-table so laymen can understand it!
year current supply inflation New supply
1 250,000,000.00 0.095 23,750,000.00
2 273,750,000.00 0.090 24,637,500.00
3 298,387,500.00 0.085 25,362,937.50
4 323,750,437.50 0.080 25,900,035.00
5 349,650,472.50 0.075 26,223,785.44
6 375,874,257.94 0.070 26,311,198.06
7 402,185,455.99 0.065 26,142,054.64
8 428,327,510.63 0.060 25,699,650.64
9 454,027,161.27 0.055 24,971,493.87
10 478,998,655.14 0.050 23,949,932.76
11 502,948,587.90 0.045 22,632,686.46
12 525,581,274.35 0.040 21,023,250.97
13 546,604,525.33 0.035 19,131,158.39
14 565,735,683.71 0.030 16,972,070.51
15 582,707,754.22 0.025 14,567,693.86
16 597,275,448.08 0.020 11,945,508.96
17 609,220,957.04 0.015 9,138,314.36
18 618,359,271.40 0.010 6,183,592.71
19 624,542,864.11 0.010 6,245,428.64
20 630,788,292.75 0.010 6,307,882.93
at the time of this post: Current Supply is: 244,924,398 STEEM
and the price of STEEM & SBD is: Currently: USD/STEEM: $0.0900; USD/SBD: $1.0404 according to @banjo
some good stats here man!
Can you tell me what the number of new coins that will be created in year 21
I have written a post and am getting conflicting information from the whitepaper and some bloggers.
After the inflation rate drops to zero, are there new coins created?
If so, does the creation of new coins go on indefinitely?
https://steemit.com/steemit/@bycoleman/where-does-all-the-money-come-from-on-steemit-fully-answered-will-it-continue-yes
I'm really hoping you can take the time to comment back. Posting on the link I sent could be very useful for the discussion but of course anywhere is just fine.
In reviewing this again,
Looks like the answer is already shown in years 18, 19 & 20, since each of these years is set to .10% and it does not decrease. This of course implies year 21 will be no different and new coins will continue to be produced and at a very mild inflation rate of .10%
If this is wrong let me know.
Craig
How does the voting guild work?
Thank you for the table! I believe that currently the crypto community doesn't really know what to do with the supply rates. This table is manifestly arbitrary, there seems to be no serious reasons. I firmly think that the new supply should be proportional to the value that the system generates (measured somehow). So I hope that soon we see some good theory backing rational emission rates. Anyway, for the moment everything seems to be working interestingly well in steemit.
Great info. I added this article to my Useful Shortcut Post https://steemit.com/help/@edje/useful-steemit-tools-and-links.
Where do you get this information from, other than this post? Does Steem have a page that handles its emission rate?
I collected all links myself by reading posts mainly. And I'm still discovering more services and from time to time add them to the referenced post I created. By now I also tested quite bit of services created in the beginning of Steemit, and soon will add those that work to the same post...or maybe make a new one since I may not be able to edit the post anymore due to age of the post. Wrt inflation rates, I'm not sure where these are. The whitepaper and many posts write about the mechanics of Steem, some only high level, some in more details.
Wonderful @edje. Thanks a lot :)
I needed it :)
Daym bwoy... those stats!
Possibly a silly question, but does the Steem locked up in "Steem Power" count as circulation? or when a user locks "Steem" into "Steem Power" that Steem then goes back into the pool to be re-circulated to new content creators?
Thanks in advance for any reply.
Thank you.
Your welcome, I hope this info will serve a lot of good people around the world.
Unless a hardfork will chance the inflation rate again.
well there is always that possibility. I think we can live with this current supply-table.
/Didn't know a fork can change the stats. I wonder that's the case after this most recent one, HF20. It's 11/12/18 and the price of steem is $0.73; according to coinmarketcap.com, the total supply is 300,595,287 STEEM.
The expected price according to this article is $0.85, the general market is down at this time anyway. Maybe this just implies that cryptos are truly on sale.