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Steem Steem STEEM

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STEEM

Steem

 STEEM

 Rank 85

 Coin


Good   Ratings 4/5

$ 0.141909 (0.10%) 

VOTE:      1 
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Today STEEM Price: $0.141909 (0.10%)      STEEM Market & Trading Data

Today Price: $0.141909 (0.10%) 

Market Cap Current Supply Volume (24h) Total Supply Price %(1h) Price %(24h) Price %(7d)
$49.79M 350,873,341 $117.68K
325,031,440
0.10%  1.31%  -5.98% 
Market Cap:
$49.79M
Current Supply:
350,873,341
Volume (24h):
$117.68K
Total Supply:
350,873,341
Price %(1h):
0.10% 
Price %(24h):
1.31% 
Price %(7d):
-5.98% 

Steem (STEEM) Ranked 85 in Coin Market Daddy Currencies Index. Steem (STEEM) price is $0.141909. It has a current circulating supply of 350,873,341 STEEM and a Marketcap of $49.79M. Today Steem price is up (0.10%). $117.68K worth of Steem (STEEM) has been traded in the past 24 hours. Steem (STEEM) currency type is coin. STEEM trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Steem (STEEM) and contribute to CMD Cryptocurrency Encyclopedia.

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Steem.it is a blockchain-based social media platform where anyone can earn rewards by posting relevant content, curating quality content by upvoting and by holding Steem based currencies in a vest fund, which generates interest.

There are three main currencies in Steemit: Steem, Steem Power (SP) and Steem Backed Dollars (SBD).

Steem is liquid and can be bought in an exchange and converted into steem dollars or steem power.

Steem Power is basically Steem that is locked in a vesting fund for 3 months. Users can use steem power to upvote content and get curating rewards.

When a user upvotes content his steem power gets depleted and then slowly regenerated. Steem Power holders recieve interest from their holdings. The more Steem Power a voter has the more revenue he'll generate for himself (in form of SP) and for the content creator  (In SBD).

There is also an incentive to upvote content early, as the rewards are distributed according to time. The earliest votes gets the biggest share of the reward.

Steem Backed Dollars are there to protect content creators from volatitlity and can be traded for roughly 1 usd worth of steem, in order to cash out from steem. Converting Steem backed dollars into STEEM takes 5 days. Users also recieve interest from holding SBD. T

Steem is a proof of work currency with a scheduled blocktime of 3 seconds. Steem PoW mining is done in rounds of 63 seconds by 21 miners (witnesses). 19 of the miners are pre voted, one is the other with the most computational power, and the last one is selected from a queue of witnesses that did not get on the top 19 voted witnesses.

90% of the block reward is allocated to a vest fund to reward curators and PoW miners, the other 10% are made liquid in the form of steem and are used to reward content creators. Steem gets converted to Steem Backed Dollars and sent to the content creator.

 

Steem Social & Community Metrics
Good   Ratings 4/5
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Ping from Steem
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Weekly Post Promotion Thread! November 10, 2019

4 Points     5     Share
10 November, 2019

MEW Welcome to the Steemit subreddit!

16 Points     5     Share
17 September, 2019

RT @TheycallmeDan_: I was bullish on #Steem before, & what I am learning out here at #Steemfest confirms the reasons why I am so bullish on…

Reply Now     42     131
12 November, 2019

RT @SteemNetwork: @VitalikButerin explains the problem with most ICOs on #ethereum. #Blockchains are about “decentralization and trust mini…

Reply Now     9     22
12 November, 2019

#FirstLook at decentralized Communities Powered by @SteemNetwork https://t.co/jsGy0gKcn4

Reply Now     25     82
08 November, 2019

Check out Steemit’s Head of Product on the #steemfest4 livestream. Exciting updates on #blockchain #Communities pow… https://t.co/22Bq8zzZVm

Reply Now     25     77
08 November, 2019

Using our #SMT Wizard literally ANYONE can create their own #cryptocurrency with 3 second fee-less transfers AND cu… https://t.co/UEbs1te2VZ

Reply Now     65     181
07 November, 2019

Was Steem-Engine just an essay?

0 Points     0     Share
13 November, 2019

STEEMIT How resteem work in steemit?

4 Points     5     Share
09 November, 2019

STEEM Any one know how TRDO tag works??

0 Points     0     Share
09 November, 2019

MEW SteemFest⁴ - Bangkok - Day 1

3 Points     0     Share
07 November, 2019

Weekly Post Promotion Thread! November 03, 2019

3 Points     17     Share
03 November, 2019
Get Ping, Alert, New Exchanges information, Updates, Important News
In highly volatile cryptocurrency market when things are not certain
NEVER MISS A PING FROM STEEM

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Recent Steem (STEEM) Reviews

Helping peoples to know other views before trading or investing in Steem (STEEM)
Good Over all 4/5 Ratings based on 1 Review

Steem (STEEM)

  Arthur

 26 May 2018

Good   Ratings 4/5

Steem is a cryptocurrency that functions through Steemit, a blockchain-based social media platform. The core activities of the platform revolve around... Read More

Good   Ratings 4/5

product of merging cryptocurrencies and social media.

Steem is a cryptocurrency that functions through Steemit, a blockchain-based social media platform. ... Read More

Current Price
$0.141909
VOTE:      1 
         
Steem Social & Community Metrics
Good   Ratings 4/5
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