RE: Thoughts on a Proposal to Buy and Burn STEEM using the DAO

You are viewing a single comment's thread from:

Thoughts on a Proposal to Buy and Burn STEEM using the DAO

in steem •  4 months ago  (edited)

I created an infographic back in November, 2016. Here's what I posted at the time:

image.png

Obviously, I'm hazy on details, but maybe interest accumulated and paid out once per month? No time now, but maybe I'll check later to see if I can find any payment transactions from the time period.

Update: Found one

steem ecency
4 months ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$1.17
  • Past Payouts $1.17
  • - Author $0.59
  • - Curators $0.59
4 votes
1
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  4 months ago 

    maybe interest accumulated and paid out once per month

    Right!

    #define STEEM_SBD_INTEREST_COMPOUND_INTERVAL_SEC (60*60*24*30)

    Once per 30 days and only if the SBD balance has to by modified.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $1.37
    • Past Payouts $1.37
    • - Author $0.68
    • - Curators $0.68
    3 votes