$STEEM inflation is now 6.19%.
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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%.
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%.
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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