Liquid STEEM Report July 7, 2018
This is a historical graph of both Total STEEM and Liquid STEEM supply
Liquid STEEM is the remaining STEEM that has not been converted into Steem Power. (Orange Line)
- When STEEM is liquid, it can be readily sold and purchased. When locked away in SP, it is not liquid, It takes a significant amount of time to convert it back to a liquid form.
The linear line (dotted line) is a line fit to the Liquid STEEM to show if Liquid STEEM is going up or down over the entire time period.
I created this chart with data that I collected over the last few months.
Why is this graph important?
STEEM is created at a high rate. Currently 8.83% per year. Many Steemians have a concern about STEEM inflation with the high rate of new currency creation. This graph shows since February, There is less total Liquid STEEM. The dotted linear trend line shows that there is curently about a break even trend for Liquid STEEM supply over the last 4 months.
I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.
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For a breakdown of how Steemit Rewards system works:
For a breakdown of Steemit Keys:
https://steemit.com/life/@socky/do-you-understand-your-steemit-key
For a breakdown of why Steem Power is Important:
https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read
That is a terrific way to get blacklisted from MinnowBooster. Keep it up, it just might happen.
Everyone else, take note and don't do what @jiohighfive is doing. Buying delegation from minnowbooster to self vote. Shame
I'm not even going to flag this so that it can remain visible for everyone to see.
@socky nicely explained with chart..
Socky, is there a way to subtract inactive account holder's "liquid steem?" I'd be really interested in how much truly active liquid steem there is out there....
I don't have that ability. It is OK for some to just use their account as long term storage. We would consider them inactive on the social media scene but that STEEM is not truly gone. For those who lost their keys or quit without bothering to remove any STEEM, I would consider that amount insignificant.
Fair enough. I saw a post about inactive Steem/SBD awhile back...maybe a week old or so now...can't lay my fingers on it atm though...
cool great post
Thanks for your information!