Hi guys can anyone help me understand what this means? There is a section in my wallet where it says currently collecting 0% APR. I did move some steam over to my savings account thinking that maybe it was like a bank with interest or something similar. Any help would be much appreciated thanks guys.
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I remember the percent was higher when I joined, then dropped, then I noticed it was 0 as well.
Just did a quick search and found this post from last month with the same question https://steemit.com/steem/@sevinwilson/steem-dollars-currently-collecting-0-apr
I'm sure an answer is out there, I hope someone posts what it is here so I don't have to keep searching lol.
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I don't know the full story, but I don't think it is relevant since a few hard forks back when the inflation rate for the currency was reduced in an effort to maintain the value of the token over the long term.
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Well done for raising this one ghostie as I was wondering the same myself today as I perused my wallet. Let's see what the community says. Good post!
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Thanks for asking this I was also wondering the same!
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