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RE: Steem Getting PUMP'ed, will there be a DUMP?

in #steem8 years ago

Do we have figures on how much STEEM is held as liquid STEEM vs SP? STEEM Power is not dumpable, and represents necessarily long term investment. A higher ratio of SP to STEEM would be another very positive sign.

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You can see the numbers in the box on the right side of steemd.com. Current supply is 94.760 million of which 93.085 million is in the vesting fund (Steem Power).

@smooth Great catch, Thank you. 98% then... Very high number. Great for the future of Steem.

I can't find it. But, 50% of payouts are in Steem Dollar and Steem Power, and all of the founders Steem is held in Steem Power. I would guess that the number is well over 75% Steem Power, but I do stress that I have nothing quantitive to back that up...

Personally, the majority of the Steem Dollars I have earned have been routed into my Steem Power balance. I can't imagine many people have been powering down, so 75%+ is certainly reasonable.