RE: Introduction to Steem Dollars (SBD)

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Introduction to Steem Dollars (SBD)

in steem •  8 years ago 

I don't understand these two sentences: "The impact of creating new SBD to pay interest is to increase the virtual STEEM supply and reduce the percent of vesting STEEM. As the percent of vesting STEEM falls the rate of return paid to vesting STEEM automatically increases to attract new long-term capital."
What does the percent of vesting STEEM determine in the math of rewards and inflation?

steem
8 years ago by

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