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RE: 11 Reasons to Power UP STEEM and SBD

in #tenkminnows7 years ago

I would like to also add that you get interest on your Steem Power, but not your STEEM or SBD. I believe the interest rate is around 2 % per year. Here's a nice post about it: https://busy.org/@preparedwombat/how-much-interest-does-your-steem-power-earn-i-finally-figure-it-out

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I’ve reworked that post and added some updated analysis. The most recent version is at https://busy.org/@preparedwombat/46zsyy-the-steem-power-you-earn-for-holding-steem-power

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Oh, that's a nice overview and analysis of it. I'll make sure to replace my bookmark with that new post instead, if I ever need to link to a post about the SP interest in the future.

Time to update your bookmarks again. 😅

I revised that three-month-old version and it shows that the rate that SP is growing for hodlers of SP has actually risen slightly since then:
https://busy.org/@preparedwombat/the-steem-power-you-earn-for-holding-steem-power-revised

yep I have that covered in point 11. Some of the newly generated steem each day is shared with steem power holders

Ah, I kind of missed that point. Ops!

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