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RE: Why I just bought STEEM Jan3/17
Could me mistaken but I believe at the hardfork 16 changes a few weeks ago, that was one of the major changes and it went from around 160% to 9%
Could me mistaken but I believe at the hardfork 16 changes a few weeks ago, that was one of the major changes and it went from around 160% to 9%
Thanks. That makes Steem Power way more interesting :)
If you want to get really technical, it is actually 9.5%, narrowing to 0.95% by 0.01% every 250,000 blocks (Roughly 0.5% per year). There is also a 'variable' aspect to it, because when SBD is converted to STEEM, it can be done above or below the market price that it was printed at.
Ignoring all the technicalities, 9% is a pretty good estimate :)
:)