In the spirit of, You Get What You Measure, I thought I'd take an example from @justinsunsteemit's Twitter page and start recording the "total value locked" on the Steem blockchain.
So, on April 10, I scheduled a script to run daily and save the total amount of SP that's powered-up (straight from the blockchain) and - just for fun - the market prices of a handful of cryptocurrencies.
Since it's now the first of the month (UTC), I thought I'd post what I've seen so far. Here are the values at this moment:
Total value locked in powered-up STEEM (USD): $102,232,400.51
Locked value in terms of other tokens:
| token | price | locked_value equivalent |
|---|---|---|
| tron | 0.13 | 771,216,056 |
| steem-dollars | 8.32 | 12,287,548 |
| bitcoin | 57,994.00 | 1,762 |
| ethereum | 2,773.88 | 36,855 |
| litecoin | 272.78 | 374,779 |
| steem | 0.88 | 115,693,710 |
And here are some charts from the daily downloads:
VESTED STEEM
I suppose people were powering down to take advantage of the peak prices when I started collecting these numbers, but that reversed almost two weeks ago.
Value of powered-up STEEM in terms of USD
Also on a near-two-week uptick.
Value of powered-up STEEM in terms of tron
Value of powered-up STEEM in terms of Steem Dollars
Value of powered-up STEEM as a percentage of Steem's market cap
Value of powered-up STEEM in terms of bitcoin (BTC)
Value of powered-up STEEM in terms of ethereum
(Ethereum has been on a tear)
Value of powered-up STEEM in terms of litecoin
Note
- Reference prices for STEEM and other tokens are downloaded from coingecko.com
- Steem's market cap was downloaded from coinmarketcap.com (@officialcmc)
- Mixing and matching between those two sites is not the best way to do it, but it was the easiest for me to implement lazily. Maybe I'll fix that some time.