What percentage of the total liquid STEEM supply are in different exchanges? Answering in Quora.

in #promo-steem5 years ago (edited)

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This question was asked in Quora and I have answered this question in Quora, shared in Twitter and additionally I am also submitting the same answer to this question as a backup in Steem blockchain.


The total supply of STEEM is 335,592,827 STEEM out of which 209,406,613 STEEM are in the form of vested tokens(SP), so 209,406,613 STEEM are in STEEM Power.

So the liquid STEEM as of now= 335,592,827 - 209,406,613= 126,186,214 STEEM

@penguinpablo publishes the weekly report of the amount of STEEM that are stored on different exchanges. As per the latest report published on 2nd Jan 2020, the total amount of STEEM that is stored on all exchanges is 96,771,554 STEEM.


Source

To check the details of the post published by @penguinpablo, please click here.

The break-up of this figure(96,771,554 STEEM) as given below:-

ExchangeBalance
Bittrex15,759,101 STEEM
Binance33,990,214 STEEM
Poloniex3,486,149 STEEM
Bithumb9,595,715 STEEM
Huobi8,438,854 STEEM
Upbit24,897,823 STEEM
Gopax324,895 STEEM
Bitvavo1,203 STEEM
SteemEngine277,600 STEEM

Conclusion:-

  • Total liquid STEEM= 126,186,214 STEEM
  • Total liquid STEEM stored on different exchanges= 96,771,554 STEEM
  • Percentage of liquid STEEM stored on different exchanges= (96,771,554/126,186,214) * 100 = 76.68%

Thank you.


* Answered in Quora

* Shared in Twitter

* Immutably backed up the answer in Steem Blockchain

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