Ask: How does the 10% return work for Steam Dollars?

in steemit •  8 years ago 

I looked through the white paper, I searched online, where does it say the Steam Dollars (SD) will increase 10%.

If it is true, shouldn't all of my savings be in SD since that kind of investment return is super high for something that's guaranteed?

What are the risks?

Is it really true?

steemit steem investment ask explain
8 years ago by

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      ·  8 years ago 

    The 10% number is not fixed but defined by the active witnesses. Check https://steemd.com/witnesses for current settings (column APR).
    Most witnesses still use the default value of 10%. IMO this is too much.

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      ·  8 years ago 

    The interest rate is set by the same people who publish the price feed so that it can adapt to changing market conditions.

    Learn more here:
    https://steemit.com/steemit-guides/@pfunk/a-full-steemit-user-s-guide-to-steem-witnesses

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      ·  8 years ago 

    Does this guarantee that I will make this return?

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        ·  8 years ago (edited)

      Guaranteed return in steem dollars - whether or not they maintain their value to fiat or btc is another thing.

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        [-]
          ·  8 years ago 

        there is no way, especially in this market, of a 10% guaranteed investment

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            ·  8 years ago 

          who dont run risk ... dont win

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              ·  8 years ago 

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