You are viewing a single comment's thread from:

RE: Why Steem crashed, what YOU should do, and where we are today.

in #steemit • 10 years ago

The point of receiving an interest on your SP is to counter the inflation in STEEM.
because every few seconds new STEEMs are created that means that there is an inflation. That's also means that in the long run STEEM price will go down. The power your are given can help you earn more SBD that is pegged to the $.
If you power down you receive every week in the next 104 weeks (2 years) STEEM. how much ? SP/104 is the formula.

10 years ago in #steemit by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.06
    TRX 0.28
    JST 0.048
    BTC 65862.60
    ETH 1943.54
    USDT 1.00
    SBD 0.51