From 160% to 9.5% steem inflation rate
steempower·@craig-grant·
0.000 HBDFrom 160% to 9.5% steem inflation rate
https://www.youtube.com/watch?v=oRkycaiUU98 Set a fixed instantaneous annual creation rate of 9.5% from all sources Allocate 75% of the created Steem to the Reward Fund. Allocate 15% of the created Steem to the Vesting Fund as interest on Steem Power. Allocate 10% of the created Steem to the Witnesses. @blocktrades I'm reasonably sure it means an annual inflation rate of 9.5% (as opposed to current 100%) @smooth It is currently about 16.5%, plus an additional 9 times that (148.5%) is paid to SP (which gets captured by the vesting fund but released as liquid STEEM later when SP holders power down) for a total STEEM inflation rate of about 160% (scheduled to reduce to about 110%). This would be changed to a total of 9.5% of which about 8% corresponds to the rewards included in the 16.5%, and about 1.5% corresponds to the SP payments.So to answer simply, yes the amount of STEEM produced would be cut dramatically. --- source @ https://steemit.com/steem/@steemitblog/proposed-changes-to-steem-economy --- follow @craig-grant
👍 craig-grant, bo-1, anomaly, macklemore, summonerrk, kyusho, bosjaya, gduran, christoph3, telos, noggfresh, smysullivan, applecrisp, steempredict, razberrijam, tee-em, godzilla, lightsplasher, proctologic, pangur-ban, winstonwolfe, kurtbeil, toddemaher1, tingaling, proglobyte, zentat, steembriefing, steemitawards, steemint, cmtzco, jasen.g1311, jaredandanissa, faded-gravity, will-zewe, jackkang, cnmtz, kev7000, southbaybits, gardoz32, dan-atstarlite, chitty, biophil, fros, pal, adamt, mxu111, officialfuzzy, bonde, dfgyuiob, rpf, reported, axeseekerkerad, coleretton, nuevereccio, bettanybirkin, mikeferty, lyubas, tygokreea, azgars, vandaik, oceatumew, chinarik, berekis, gocagegardagul, munirdanatenin, lanikdomincu, lauraimanterz, nikojinno, vudelomeci, mirevodicav, kennetta, jonesw, wang, tigerminer, bunkermining, rabbitminer, athena, apollo, fund.com, hermes, bitshares.org, insurance.com, blockchainbunker, blocktech, bunkerchainlabs, peerplays, datasecuritynode, neogen1, hotels.com, neominer2016, olympus-steemy, aphrodite, lauratereccoga, heracles, thorium1, hephaestus, laikosn, minosman, muses, perseus, thorium2, hellfirea, abderus, aquarius.com, aries.com, hermes-miner, jinereolo, gewelogold, ika1993, astajorib, miercenimez, runridefly, baborcojurus, lakelvtrueray, bulgur, likaka, ganiusdordana, helicoflydu, tolikovit, karenmckersie, lalosifribe, fordrezarfenris, tikotenogy, peloregholbinn, furion, zulugisadoratus, anonymous, hello, world, fufubar1, screasey, shalabaro, thetasiuskulann, dereda, cofecaura, mozaeva, amorberesca, arsens, summon, cass, samubarfaekora, derewerizza, asaser, almerri, jametorimebu, portun, grisha-danunaher, adelja, keverw, domino, peskov, drac59, tina-k-96, michaeldodridge, stranger27, echoesinthemind, satoshifpv, crion, bitcoiner61, ciao, coad, thermor, confucius, roto, bitcoiner63, curpose, bitcoiner13, stroully, bitcoiner1, thadm, jarvis, bitcoiner62, ficholl, troich, steemo, bitcoiner15, thomasaustin, ailo, bitcoiner100, bitcoiner11, bitcoiner21, bitcoiner22, igtes, steema, lillianjones, msjennifer, johnbyrd, widell, vive, buffett, yorsens, sofa, fortuner, bitcoiner12, bitcoiner16, eavy, steemster1, bane, bitcoiner10, bitcoiner14, hitherise, revelbrooks, wiss, sharon, prof, darthnava, steemit-life, utmaster, asmolokalo, kendewitt, dodders007, holabebe, billykeed, artific, michaellamden68, shredlord, hendrikdegrote, jejujinfarm, elyaque, etcmike, mafag, thecryptofiend, baerdric, steemvest17, beowulfoflegend, exyle, mctiller, rucoin, sephiroth, jozefntou, rmach, robyneggs, celsogoya, future24, generation.easy, bitcoiner, wroman0207, venkatramineedi, btcshare7, freeinthought, titusfrost, cristi, the-reginald, perchance2dream, steemitguide, xeroc, aomura,