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RE: EVENING UPDATE STEEM DAILY DATA !!!!!!!!!!!!!!!!!!! 8/15/2016
Interesting so only 3% of the STEEM is in circulation the rest is tied to Steem Power and Steem Dollar?
(SD is in circulation but its a different currency technically)
@profitgenerator As I see it the amount of the steem supply locked up in steempower is 95.98% .You are close with your approximation of 3% . The actual figure is 4.02% of the STEEM is in circulation the rest is locked up in Steem Power. And I agree SD is a currency that does not affect the price of steem.
Yes sorry, 4.02. We have a pretty interesting monetary system here. Steem Power obviously limits inflation with the 1% withdrawal / week (and not all people power down).
Steem Dollar is what interests me, I need to research it more how it works.