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RE: Liquid STEEM Report Mar 3, 2020

in #stats5 years ago

What the ... just happened to the liquid Steem supply? It clearly wasn't powered up based on the graphs. It probably has something to do with the ongoing "battle".

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The major exchanges took their customer's STEEM and powered it up. Then they voted new STEEM witnesses and bumped the old ones out of power.

I knew that, such a stupid move...
I think the increase in SP will then show up in the next graph you make.

OK, the increase in SP is not so obvious in the graph above. I see that now. When the Liquid Steem is converted to SP, the total amount of STEEM does not change (blue line). The total amount of SP is the difference of the total STEEM and the Liquid STEEM.

In other words. When Liquid STEEM goes down, it is because it was locked away in SP.

Ok, I see. I thought it was just a graph of SP and a graph of Steem, but I didn't read the legend good enough ;)