Steem and SBD Supply Tracking - 01/31/2019
This is to serve as a historical record of the Steem Supply, Rewards Fund, and Vesting Fund. It's a simple way to check on the date for anyone interested.
This is to serve as a historical record of the Steem Supply, Rewards Fund, and Vesting Fund. It's a simple way to check on the date for anyone interested.
Current Steem & SBD Supply
| Date | Steem Supply | SBD Supply | Total Approx Steem Supply |
|---|---|---|---|
| 12/6/2018 | 286,853,170 | 12,819,755 | 318,725,741 |
| 12/9/2018 | 287,071,307 | 12,809,008 | 318,967,809 |
| 12/12/2018 | 287,509,441 | 12,737,938 | 319,454,569 |
| 12/19/2018 | 288,459,593 | 12,573,138 | 320,503,199 |
| 01/04/2019 | 291,770,192 | 11,754,680 | 324,189,093 |
| 01/14/2019 | 293,573,525 | 11,383,536 | 326,192,598 |
| 01/31/2019 | 297,396,775 | 10,460,471 | 330,439,781 |
So the total approximate Steem supply is based on the steem supply plus converting all of the current SBD into steem. SBD is a debt and repayable in Steem.
Vesting fund
| Date | Steem | Vests |
|---|---|---|
| 12/6/2018 | 202,494,803 | 407,582,993,670 |
| 12/9/2018 | 203,021,296 | 408,584,896,056 |
| 12/12/2018 | 203,723,153 | 409,918,316,788 |
| 12/19/2018 | 204,832,101 | 411,987,674,959 |
| 01/04/2019 | 205,567,295 | 413,120,586,531 |
| 01/14/2019 | 207,098,242 | 415,966,923,618 |
| 01/31/2019 | 202,093,096 | 405,526,872,503 |
Rewards fund
| Date | Steem |
|---|---|
| 12/6/2018 | 832,697 |
| 12/9/2018 | 842,121 |
| 12/12/2018 | 843,887 |
| 12/19/2018 | 845,976 |
| 01/04/2019 | 868,276 |
| 01/14/2019 | 866,861 |
| 01/31/2019 | 883,108 |
All figures are pulled from steemd.com
Congratulations @minnowbuilder5!
You raised your level and are now a Minnow!
SBD causing steem inflation to surge...
The low price of steem is the issue and it then creates more problems as it's printed at a faster rate.
SBD has a cap of 10% of the total Steem supply based on fiat values. So when steem drops faster then SBD we see SBD not being printed and instead more Steem. This makes SBD more stable in price and causes more pressure on the price of Steem.
But in reality there isn't more total "value" being printed each day, it's just that it's all or almost all Steem vs a mix.