RE: Witness Update - DragosRoua
You are confusing SBD with Steem Power. SBD is a smart contract on the Steem blockchain, not a real currency. The currency is STEEM. And once you lock it up in Steem Power, you get interest for that Steem Power. Approximately 10% of the entire daily inflation goes to interest to SP holders. It's all in the white paper, so you should start by reading that. Putting that information in steem.supply would be overwhelming for newcomers, who just want to see their rewards.
In the initial version of Steemit, there was also a possibility to earn interest for your SBD, as an incentive to keep your value in it. The amount of this interest is set up by witnesses and it's variable. If it shows 0%, it means no interest is gained by keeping SBD.
Hope this helps.
yes it helps, but 0% is not meaning exact zero as it might be rounded up, i mean it might be 0.01% for example = 0% after rounding it up to one digit . in all means, there is interest rate is being added, i know it is around 0.017/450x100% = 0.0037% daily for my steem, and it will be the same as sbd interest ratio ( steem exchange price in both sides of / = 1 )
thank you dear
wishing you long prospective witness