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RE: Introducing the Danometer measuring Steem Pressure for June 30, 2017
Could you precisely explain how you come up with your ratios?
Ie whats the formular to arrive at -.87 or 0.25 etc and what exactly does this mean?
The number represented is the percent deviation over the time span of the amount of Steem available. So -.87 would be a 0.87% drop in the amount of Steem due to people powering up more than powering down. If there was 72 million Steem on day one and 71 million Steem on day 30 the formula would be (71 - 72)/72 * 100 = -1.39 or a 1.39 percent drop in the supply of Steem.