Sort:  
  • Trending
    • [-]
     6 years ago 

    This is from the blue paper:

    The rate that new tokens are generated was set to 9.5% per year starting in December 2016,
    and decreases at a rate of 0.01% every 250,000 blocks, or about 0.5% per year. The inflation
    will continue decreasing at this rate until it reaches 0.95%, after a period of approximately 20.5
    years.
    Of the supply of new tokens created by the Steem blockchain every year, 75% of those tokens
    compose the “rewards pool” which are distributed to content creators and content curators.
    15% are distributed to vested token holders, and 10% are distributed to Witnesses, the block
    producers cooperating inside Steem’s DPoS consensus protocol.

    $0.00
      Reply
      [-]
       6 years ago 

      This means that there is a fixed amount of STEEM to be created up to 20 years from now. And most of it is for rewards. Nice!

      $0.00
        Reply