Ask: How does the 10% return work for Steam Dollars?

in #steemit • 8 years ago

I looked through the white paper, I searched online, where does it say the Steam Dollars (SD) will increase 10%.

If it is true, shouldn't all of my savings be in SD since that kind of investment return is super high for something that's guaranteed?

What are the risks?

Is it really true?

#steem #investment #ask #explain
8 years ago in #steemit by
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     8 years ago 

    The 10% number is not fixed but defined by the active witnesses. Check https://steemd.com/witnesses for current settings (column APR).
    Most witnesses still use the default value of 10%. IMO this is too much.

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     8 years ago 

    The interest rate is set by the same people who publish the price feed so that it can adapt to changing market conditions.

    Learn more here:
    https://steemit.com/steemit-guides/@pfunk/a-full-steemit-user-s-guide-to-steem-witnesses

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     8 years ago 

    Does this guarantee that I will make this return?

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      [-]
       8 years ago (edited)

      Guaranteed return in steem dollars - whether or not they maintain their value to fiat or btc is another thing.

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         8 years ago 

        there is no way, especially in this market, of a 10% guaranteed investment

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         8 years ago 

        who dont run risk ... dont win

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