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Liquid STEEM Report Jan 19, 2020 by socky

View this thread on: hive.blog |  peakd.com |  ecency.com
stats · @socky ·
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Liquid STEEM Report Jan 19, 2020
# This is a historical graph of both Total STEEM and Liquid STEEM supply
![](https://cdn.steemitimages.com/DQmY4EQJVrcmSof9qV6WTKHeawKoEH1nRwXA4T26SD5AaVp/image.png)

![](https://cdn.steemitimages.com/DQmSBj5nXHqgaoFzaQqWQFVFN9HQbpg2QztR8k3XedcGSvF/image.png)
#### (Note) There are two different scales on these graphs. 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/DQmefUMm6A2E9wudshHqzChFo3iQRteRpnJQUUFqEG5MwCB/image.png)

#### I created these charts with data that I collected over the 2 years!

# Why are these graphs important?
STEEM is created at a high rate. Currently **8.19%** 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 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

#### How to improve STEEM payment system:
https://steemit.com/steemit/@socky/introducing-the-hand-shake-and-how-it-can-revolutionize-steem-blockchain

<center>[![](https://steemitimages.com/50x60/http://steemitboard.com/@socky/commented.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/60x70/http://steemitboard.com/@socky/votes.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/70x80/http://steemitboard.com/@socky/posts.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/100x80/http://steemitboard.com/@socky/level.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/70x80/http://steemitboard.com/@socky/comments.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/60x70/http://steemitboard.com/@socky/voted.png)](http://steemitboard.com/board.html?user=socky) [![](https://steemitimages.com/50x60/http://steemitboard.com/@socky/payout.png)](http://steemitboard.com/board.html?user=socky)</center>
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vote details (58)
@majidg · 
very informative, thanks
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@steemitboard · 
Congratulations @socky! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x60/http://steemitboard.com/img/notifications/postallweek.png"></td><td>You published a post every day of the week</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@socky) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=socky)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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