Every two weeks or so I like to compare the current power down statistics and see how we stand.
Here they are:
15 March 2019
| STEEM | Amount |
|---|---|
| STEEMPOWER | 199,4 million |
| LIQUID STEEM | 105,3 million |
| SBD | 9 million |
28th March 2019
| STEEM | Amount |
|---|---|
| STEEMPOWER | 198,8 million (-0,6 million) |
| LIQUID STEEM | 106,8 million (+1,5 million) |
| SBD | 9 million (0 million) |
What I expected last time has finally happened!
SBD conversion to STEEM has almost completely stopped because of the increase in STEEM price.
Fantastic!
This means that the inflation of STEEM is accurate again at around 8% (and going down with 0,5% every year).
(Remember that inflation number because there are still old rumours going around that STEEM inflation is a 160%+ a year and I would love to take that rumour down.)
For now, If STEEM can maintain these higher levels (or more) we should be out of the woods.
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