# This is a historical graph of both Total STEEM and Liquid STEEM supply
![](https://cdn.steemitimages.com/DQmVEBbfw8Yws4CEz9PcLfqqfULgZLMTvBp7FBWeH8Nfexn/image.png)

#### (Note) There are two different scales on this graph. For full scale, see graph below. 

### Liquid STEEM is the remaining STEEM that has not been converted into Steem Power. (Orange Line)

* When STEEM is liquid, it can be readily sold and purchased. 
* When STEEM is locked away in SP, it is not liquid, It takes a significant amount of time to convert it back to a liquid form. 

# This is a graph of the same data. The data of this graph was plotted on the same scale to show the massive difference between Liquid STEEM and STEEM stored in SP
![](https://cdn.steemitimages.com/DQmQCHcAKXib1FRmkewVspTnT47oXTp5ZdpGQQ33f9PCsmC/image.png)

#### I created these charts with data that I collected over the last few months.

# Why are these graphs important?
STEEM is created at a high rate. Currently **8.69%** per year. Many Steemians have a concern about STEEM inflation with the high rate of new currency creation. These graphs show that there is a limited supply of STEEM. Inflation is being offset by the rate of STEEM converted to Non-Liquid STEEM.

# I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.
# ---------------------------------------
#### For a breakdown of how Steemit Rewards system works:
https://steemit.com/steemit/@socky/steemit-rewards-breakdown-a-simplified-explanation-with-illustrations

#### For a breakdown of Steemit Keys:
https://steemit.com/life/@socky/do-you-understand-your-steemit-keys

#### For a breakdown of why Steem Power is Important:
https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read

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