"The rate that new tokens are generated was set to 9.5% per year starting in December 2016, and decreases at a rate of 0.01% every 250,000 blocks, or about 0.5% per year. The inflation will continue decreasing at this rate until it reaches 0.95%, after a period of approximately 20.5 years."
"Of the supply of new tokens created by the Steem blockchain every year, 75% of those tokens compose the “rewards pool” which are distributed to content creators and content curators. 15% are distributed to vested token holders, and 10% are distributed to Witnesses, the block producers cooperating inside Steem’s DPoS consensus protocol."
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From the BLUEPAPER...
https://steem.io/steem-bluepaper.pdf
"The rate that new tokens are generated was set to 9.5% per year starting in December 2016, and decreases at a rate of 0.01% every 250,000 blocks, or about 0.5% per year. The inflation will continue decreasing at this rate until it reaches 0.95%, after a period of approximately 20.5 years."
"Of the supply of new tokens created by the Steem blockchain every year, 75% of those tokens compose the “rewards pool” which are distributed to content creators and content curators. 15% are distributed to vested token holders, and 10% are distributed to Witnesses, the block producers cooperating inside Steem’s DPoS consensus protocol."
Thanks man. So helpful
10% inflation a year, decreasing by 0.5% every year
The interest on holding steem power and earning on steemit clearly make up for that
nope that was in the beginning; they changed it to 9.5% first year down to 0.5/ year in 20 years from now
Thanks
Sry i don't Know about the topic much...by the way i have just followed you and upvote, comment on your posts if you want then you could visit my profile and give me some gifts by upvote and comment thanks ...