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RE: Would Albert Power Up? You Need a Long Term Plan, Also

in #steem8 years ago

Why do you say 5%? Shouldn't that be 1.67%? Right now 30 STEEM is created in total every block. And 1 STEEM is allocated for content rewards. Half of that will be converted to SD. So 0.5/30 = 0.0167. Also, longer term it seems like it should move towards approximately 2%.

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The numbers I posted were based upon the impact of compounding for a year and an old assumption that 50% of curation rewards would be Steem Dollars as well. Your numbers are correct.

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