"Interest rate" was never really the right word as it was more a share dilution protection by giving newly created STEEM to existing Steem Power holders. The rate at which this happens used to be really high which was causing too much inflation. That has since been changed and the rate is much lower now.
The inflation rate (new Steem created) is about 13.5% per year.
The interest rate for Steem Power is now about 1.5% per year.
That's since hardfork 16.
Yes.
"Interest rate" was never really the right word as it was more a share dilution protection by giving newly created STEEM to existing Steem Power holders. The rate at which this happens used to be really high which was causing too much inflation. That has since been changed and the rate is much lower now.
The inflation rate (new Steem created) is about 13.5% per year.
The interest rate for Steem Power is now about 1.5% per year.
That's since hardfork 16.
how can we find the rate now?
any idea what the rate is now?
Thanks that's just what I wanted to know!