how does "interest" eared off of steem power work?

in steemit •  8 years ago 

How much do you earn? My understanding is that 90% of all new steem is given back to owners of steem power but can someone give me an idea of how much you make or what the "interest rate" is?

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Perhaps I'm wrong but I don't think there is interest? Isn't it just the staking weight of the steem power held which determines future earnings for posting and curating?