Viewing a response to: @jholmes91/re-steemrollin-steem-where-does-the-money-come-from-20160722t054500100z
Glad you like it! Yeah I removed the interest rate part to simplify things. Interest rate is set by the witnesses and initially is at 10%, but can change. The interest is paid from a reallocation of value from Steem/Steempower to Steem dollars.
post_id | 196,152 |
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author | steemrollin |
permlink | re-jholmes91-re-steemrollin-steem-where-does-the-money-come-from-20160722t093616875z |
category | steem |
json_metadata | "{"tags": ["steem"]}" |
created | 2016-07-22 09:36:18 |
last_update | 2016-07-22 09:36:18 |
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root_title | "Steem: Where DOES the money come from? " |
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