Why STEEM? On 4th july approximately 5,000,000 STEEM distributed to the best content producers and curators
steemit·@shaheer001·
0.000 HBDWhy STEEM? On 4th july approximately 5,000,000 STEEM distributed to the best content producers and curators
<p>Start building up STEEM today because Steemit,Inc is selling about 25% of the STEEM it has mined since launch.</p> <p><img src="https://i.imgsafe.org/70e5d10d28.png" /></p> <p><strong>Why STEEM?:</strong></p> <p>Steem is an aphetic form of esteem which means to set a high value on or to prize.Steem is also a homophone for Steem which is frequently associated with power.It also seemed be right for cryptocurrency to be associated with value and power.</p> <p><strong>Definitions:</strong></p> <p>Steem referrs to <a href="https://blockchain.info/" rel="noopener">Blockchain</a> while <a href="https://steem.io/getinvolved/steem-currency/" rel="noopener">STEEM</a> is a currency symbol.</p> <p>STEEM is a token that serves as a fundamental unit of account,STEEM is required to transact on the network and gives users the power to upvotes or flag on posts.Those users who commit to STEEM for a year or more they earn interest and are protected from dilution.</p> <p><strong>Product description:</strong></p> <p>STEEM is a digital token that can be vested to grant its owner voting power. The voting power controls what contents get promoted through upvotes power to the main page of steemit.com and it also controls the STEEM ,how to allocated the STEEM to others.New STEEM is created to rewards miners,posters to steemit.com,long term holders and liquidity providers at approximately 113% APR.</p> <p>STEEM continuously allocate the new STEEM to those people who bring valuable contents to the network and these rates are based upon the virtual STEEM supply.The virtual STEEM supply actually is the amount of STEEM that would be exist if all SBD were to be converted to STEEM st the current feed price.</p> <p>SBD interest is an exception,its APR is relative to the total <a href="https://steem.io/getinvolved/steem-backed-dollars/" rel="noopener">SBD </a>in circulation rather than virtual STEEM.</p> <p>All numbers in above image are the minimum distribution Until the above rate is greater than the rate in below image, the rate below will be used.</p> <p><img src="https://i.imgsafe.org/70b39455be.jpg" /></p> <p><img src="https://i.imgsafe.org/70b6c69913.jpg" /></p> <p><strong>On 4th july approximately 5,000,000 STEEM distributed to the best content producers and curators</strong>. its really amazing and wonderful increasing trend in STEEM supply and Steemit family. </p> <p>Source: <a href="https://steem.io/roadmap/launch-and-sale/" rel="noopener">https://steem.io/roadmap/launch-and-sale/</a></p> <p>#STEEM #SALE #money #steemit</p>