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$STEEM inflation is now 6.19%.

4 comments

happycapital
86
7 days agoSteemit

1000023692.jpg

Source: Ecosynthesizer

As far as I remember, STEEM inflation was more than 100% in 2016 through the POW(Proof of Work) algorithm. After 16th hard fork in 2017, it's been rapidly decreasing from 9.5%.

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Source: STEEM white paper

According to the STEEM white paper, The inflation rate decreases at a rate of 0.01% every 250,000 blocks, which means it decreases around 0.5% per year. So, next year's inflation will be less than 6.0%.

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Source: TradingView

Not only STEEM but also most altcoins have been suffering a hard time again. The total 2 marketcap indicates it well. I believe the next 3rd altseason will start soon. It might commence this December.

I don't mind no one cares about it. I've been dedicating my research on Steemit and X(Formerly, Twitter) for more than 3 years again. I believe I can step on the top of the mountain

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