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RE: Understanding STEEM POWER and How to Power Down Your STEEM

in #guide8 years ago

No, not any more. it is now 2% for steem power holders. and about 9% for steem overall (7% is what is paid to content creators and curators and 2% for steempower). when the interest rate was 90% the steem price was going down so the community decided to vote to change it to 9%, which seems to have worked in terms of stabilising the price.

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ah ok... yea, 90% interest rate is pretty much impossible for a strong economy. Imagine USD inflating 90% per year!

Where can you see the interest being paid on the steem power?

I just keep up to date with steemitblog. This is where the most up to date info about steemit is. however, if there is a live running statistic somewhere, it would be great if you can let me know! ;) cheers. https://steemit.com/steem/@steemitblog/final-review-of-steem-economic-changes