Steem and SBD Supply Tracking - 01/31/2019

in minnowbuilder •  6 years ago 

This is to serve as a historical record of the Steem Supply, Rewards Fund, and Vesting Fund. It's a simple way to check on the date for anyone interested.

This is to serve as a historical record of the Steem Supply, Rewards Fund, and Vesting Fund. It's a simple way to check on the date for anyone interested.

Current Steem & SBD Supply

DateSteem SupplySBD SupplyTotal Approx Steem Supply
12/6/2018286,853,17012,819,755318,725,741
12/9/2018287,071,30712,809,008318,967,809
12/12/2018287,509,44112,737,938319,454,569
12/19/2018288,459,59312,573,138320,503,199
01/04/2019291,770,19211,754,680324,189,093
01/14/2019293,573,52511,383,536326,192,598
01/31/2019297,396,77510,460,471330,439,781

So the total approximate Steem supply is based on the steem supply plus converting all of the current SBD into steem. SBD is a debt and repayable in Steem.

Vesting fund

DateSteemVests
12/6/2018202,494,803407,582,993,670
12/9/2018203,021,296408,584,896,056
12/12/2018203,723,153409,918,316,788
12/19/2018204,832,101411,987,674,959
01/04/2019205,567,295413,120,586,531
01/14/2019207,098,242415,966,923,618
01/31/2019202,093,096405,526,872,503

Rewards fund

DateSteem
12/6/2018832,697
12/9/2018842,121
12/12/2018843,887
12/19/2018845,976
01/04/2019868,276
01/14/2019866,861
01/31/2019883,108

All figures are pulled from steemd.com

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SBD causing steem inflation to surge...

The low price of steem is the issue and it then creates more problems as it's printed at a faster rate.

SBD has a cap of 10% of the total Steem supply based on fiat values. So when steem drops faster then SBD we see SBD not being printed and instead more Steem. This makes SBD more stable in price and causes more pressure on the price of Steem.

But in reality there isn't more total "value" being printed each day, it's just that it's all or almost all Steem vs a mix.