STEEM in 2045? - TGA Analysis

in #steem8 years ago (edited)
Few days ago I asked a question about what is the STEEM Maximum Market Supply? But unfortunately I didn't find an answer for that question. But today, I went to a Discord chat group (Credits goes to @whatsup - she is the person who invited me there) and found the below table which contains STEEM Max Supply details till 2045. This detail was shared by banjo bot of the discord chat server, and @fyrstikken or @fyrst-witness confirmed these values are mostly correct. Therefore, you can get a clear idea about STEEM Supply details through this data. Anyway, I am still trying to figure out how to calculate these numbers.
Recommendation:
I am recommending you to add @fyrst-witness as one of the witness of your list. I assured you he is one of the friendly and helpful witness in the Steem blockchain.


Original Source

According to the below table you can see STEEM will keep Lower Market Supply than EOS in 2045 as well. Therefore, we won't bother about Demand and Supply of the STEEM crypto currency and also to keep STEEM as STEEM POWER (SP).

Now you can see STEEM Maximum Supply Till - 2045


Year
Supply
Inflation
New Supply
2016
250,000,0009.50%23,750,000
2017
273,750,0009.08%24,854,398
2018
298,604,3988.66%25,854,554
2019
324,458,9528.24%26,727,942
2020
351,186,8947.82%27,452,027
2021
378,638,9217.40%28,004,740
2022
406,643,6616.98%28,364,989
2023
435,008,6506.55%28,513,181
2024
463,521,8326.13%28,431,762
2025
491,953,5935.71%28,105,742
2025
491,953,5935.71%28,105,742
2026
520,059,3355.29%27,523,204
2027
547,582,5394.87%26,675,768
2028
574,258,3084.45%25,558,997
2029
599,817,3044.03%24,172,733
2030
623,990,0383.61%22,521,348
2031
646,511,3863.19%20,613,886
2032
667,125,2722.77%18,464,106
2033
685,589,3782.35%16,090,399
2034
701,679,7771.93%13,515,587
2035
715,195,3641.51%10,766,608
2036
725,961,9731.08%7,874,074
2037
733,836,0470.95%6,971,442
2038
740,807,4890.95%7,037,671
2039
747,845,1600.95%7,104,529
2040
754,949,6890.95%7,172,022
2041
762,121,7110.95%7,240,156
2042
769,361,8680.95%7,308,938
2043
776,670,8050.95%7,378,373
2044
784,049,1780.95%7,448,467
2045
791,497,6450.95%7,519,228

When you look at the above Table, you can see only 791,497,645 STEEM will be available in 2045. Therefore, holding STEEM as STEEM POWER will be the best idea in the Long Term Perception.

My Judgement

  • We already earned 273,258,215 STEEM Supply so far. (Till today)
  • According to the above table after 27 years from now, we might have 791,497,645 STEEM only.
  • That means, 791,497,645 - 273,258,215 = 518,239,430 more STEEM will be available for 27 years.
  • With SMT and other Application build top of STEEM blockchain will rise the price of this currency.
  • STEEM POWER (SP) will get high demand in future.

HODL HODL HODL is the only option.
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Really interesting analysis as it shows that over half of the total supply will have been distributed within a few years so that means that there won't be much left to distribute in relative terms over the remaining 20 years - especially as numbers of users no doubt ramps up making it even harder to access.

Hodling looks like the right idea!

@stevelivingston,
You are absolutely correct! Now the digging for new STEEM is extremely harder than previous!

Cheers~

Yes...agree with u sir...
I think steem can change my future...

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