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RE: Why is the price of Steem dropping. And why it is to be expected.
Steem does not have an inflation rate of 100%. Steem has had an effective inflation rate of ~10% for several months.
Steem does not have an inflation rate of 100%. Steem has had an effective inflation rate of ~10% for several months.
"STEEM is constantly increasing in supply by 100% per year" in the whitepaper
https://steem.io/SteemWhitePaper.pdf
The White paper is not updated, there was a change a while back to ~10% inflation yearly.