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RE: If you hold Steem Power, you're earning STEEM automatically

in #steem6 years ago

This makes sense. I have been mentioning an "interest rate" of around 7% annually but I now see that the numbers say it is 1.33%. Thanks for working through the math and giving an accurate assessment of the amount of Steem Power we're given as a result of inflation, which is similar to "interest".

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Yeah, I've incorrectly used that number also at times. It took a lot of work to get my head around all this so I could understand it and talk about it plainly.

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