This doesn't mitigate steem inflation. We can see this with how much our steemit power yields. 4 months ago, when I joined, about 75-125 steem power gave a .01 upvote with 100%. Now, according to steemworld, around 200 steem power is a .01 upvote. we've had our voting power decimated by the inflation rate.
RE: Liquid STEEM Report Aug 25, 2018