We welcome you all to this week's issue of #talkchannel in the WORLD OF XPILAR Community ,Theme this week: ***STEEM POWER***( week 34)

The idea of ​​"Talk Channel"

Maybe many of us want a place we could only talk about loosely and firmly. Ask questions about things we wonder about, for example, about the STEEM community or other things. That's why we want to create a post with "talk channel" Just talk to some or ask questions

The post"Talk Channel" will be posted weekly, every Monday and is open to everyone the whole week. And there we should all appreciate comments and responses to each other.
Yes, we need to talk to each other as well

Theme this week: STEEM POWER

What do you do with the STEEM and SBD you earn?

Are you running a POWER UP or POWER DOWN?

You earn extra STEEM just by having them as
STEEM POWER /Vesting Shares

Let's take a look at the economy of STEEM

Retrieved from Steemit FAQ

Economics

Where do the new STEEM tokens come from?
Blockchains like Steem and Bitcoin produce new tokens each time a block is produced. Unlike Bitcoin, where all of the new coins go to the block producers (called miners), the Steem blockchain allocates a majority of the new tokens to a reward fund called the "rewards pool". The rewards pool gives users tokens for participating in the platform based on the value they add.

How many new tokens are generated by the blockchain?
Starting with the network's 16th hard fork in December 2016, Steem began creating new tokens at a yearly inflation rate of 9.5%. The inflation rate decreases at a rate of 0.01% every 250,000 blocks, or about 0.5% per year. The inflation will continue decreasing at this pace until the overall inflation rate reaches 0.95%. This will take about 20.5 years from the time hard fork 16 went into effect.

How are the new tokens distributed?
Out of the new tokens that are generated:

65% go to the reward pool, which is split between authors and curators.
15% of the new tokens are awarded to holders of Steem Power.
10% of the new tokens are awarded to the Steem Proposal System.
The remaining 10% pays for the witnesses to power the blockchain.

POWER UP means more profit and you get a larger share of 15% of the new tokens. Holding your STEEM POWER also means that you will have more power when you vote for others and your rewards will also be greater.




In the "talk channel" we or you can also post a topic that needs a review, for example tools on Steem or other things you want to know about

SteemWorld.org Built with ♥ by @steemchiller

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Responsibility moderator for "Talk Channel" is @adeljose

Regards
@adeljose @art-venture @stef1 @myskye @sultan-aceh
@franyeligonzalez @leveuf @axeman @xpilar





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