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RE: Ultimate Guide for Minnows - what are VESTS?

in #steem9 years ago (edited)

As I understand it (please correct me) from reading various posts, there is 9% new steem created this year, 90% of which is given via steem power share. So that means 9%x90%/365 = 0.02% of the market cap of steam is given out every day by vesting.

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Hi @digimad, yeah that sounds right. It would be interesting to see a graph or table showing the daily increase in the Steem supply. Thanks for the comment.

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