Hi Taraz. two years today Steem has been distributing it's coins. That is not a long time in the big picture of things. I think the platform has done remarkably well to get this far in such a short time. You mentioned that Steem was at around 0.07 c and now it is at $1.60 or so. that is a growth of 2300%. That if one works it out is basically doubling in value each month of Steemit. When one stands back and digests these figures they are mind boggling.
Indeed, I read that it has distributed 50 million dollars worth of Steem through payouts which is incredible in itself.
That is another impressive number. We all need to target a higher percentage of the reward pool with numbers like that.