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RE: I Just Powered Up ~81,000 Steem. That's Cool. You're Cool. Cool.
Steem Power used to be 10% APR, that's not connected to steem dollar interest
Steem Power used to be 10% APR, that's not connected to steem dollar interest
If you look at your wallet, you'll see a SBD section and a savings section. You can throw Steem or SBD into your savings and accrue interest, but unfortunately at the moment that rate is 0% :-(.
yes, but Steem Power used to be 10%. SP, not talking about SBD
From what I'm seeing, it doesn't have any APR currently.
I don't believe it ever had interest, only the savings did?
Na.. until a few months ago, SP had a very high "interest" rate.. basically your SP was earning more SP every second. Made the inflation rate way too high with no downside, hence the precipitous drop-off in token value.
Cool to know, had no idea!
checked github, SP is 10% APR but decreasing over time
Hmmmm, very interesting, thanks for pointing that out! I need to peruse the source a bit myself.