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RE: STEEM Total Supply of token is 250 million ???
No! Steem does not have a capped limited supply of tokens. I'm guessing that the number that you saw was someone rounding up on the current number.
No! Steem does not have a capped limited supply of tokens. I'm guessing that the number that you saw was someone rounding up on the current number.
He is NOT correct.
https://coinmarketcap.com/ clearly shows that the circulating supply is 233,942,227 STEEM.
Circulating supply is different. But actual liquid coin is much lower.
I added some question marks in the post to ensure that this topic is in clarification. Don't wanted or want to confuse the community.
@mark-waser / Exactly what I was thinking about - And after reading some more websites I think there is no limited supply in steem.
Now I am confused... :-)
circulating supply 16M can't be correct in my opinion..
I misread that sorry about that. Here is a formula to calculate liquid STEEM supply
FORMULA TO CALCULATE LIQUID STEEM:
Go to steemd.com
Look at the values for : current_supply, total_reward_fund_steem and total_vesting_fund_steem
FORMULA: current_supply - total_reward_fund_steem - total_vesting_fund_steem = liquid steems
Calculate percentage supply available: liquid steems / current_supply * 100 = liquid steems %
Really ? Did I got this wrong?
Circulating Supply is what is out there . . . . in circulation. ;-)
Total supply is, I believe the total that has ever been issued. The difference is the amount that has been destroyed for promotion, etc.
Can Steem be destroyed ? I will go deeper into that topic.
Yes. When a post is promoted, the steem is permanently destroyed.
Oh this is not Max Supply.. What does total supply means vs circulating supply?