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Steem Steem STEEM

Looking for Steem? Find STEEM Price, Exchanges, Reviews, Chart, Historical Data & STEEM Marketcap

STEEM

Steem

 STEEM

 Rank 56

 Coin


Good   Ratings 4/5

$ 0.401197

VOTE:      1 
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Today STEEM Price: $0.401197     STEEM Market & Trading Data

Today Price: $0.401197

Market Cap Current Supply Volume (24h) Total Supply Price %(24h) Price %(7d)
$127.12M 316,862,562 $2.12M
325,031,440
2.33%  9.06% 
Market Cap:
$127.12M
Current Supply:
316,862,562
Volume (24h):
$2.12M
Total Supply:
316,862,562
Price %(24h):
2.33% 
Price %(7d):
9.06% 

Steem (STEEM) Ranked 56 in Coin Market Daddy Currencies Index. Steem (STEEM) price is $0.401197. It has a current circulating supply of 316,862,562 STEEM and a Marketcap of $127.12M. $2.12M 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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Weekly Post Promotion Thread! May 26, 2019

1 Points     1     Share
26 May, 2019

MEW Steemit Update: Leaving "Survive Mode" ... and Beta!

15 Points     0     Share
16 May, 2019

RT @KennETHbosak: So, @iamcardib publishes her content on 9 different platforms, let's make @steemit, @BitTubeApp & @OfficialDLive or @Toke

Reply Now     5     26
24 May, 2019

RT @SteemNetwork: @cabalcoffers is an online collectibles business that has been in operation since 2005 and has now launched CABAL coin us…

Reply Now     4     9
23 May, 2019

RT @utopian_io: Today, 8PM UTC, at #FOSSHub we are going to have @Aggroed001 to talk about @SteemNetwork Smart Contracts. The #steem engine…

Reply Now     7     19
22 May, 2019

RT @NathanMars7: STEEM is eliminating crypto Speculation STEEM is Empowering crypto Adoption I Truly believe STEEM ecosystem will bigger…

Reply Now     29     116
21 May, 2019

RT @SteemNetwork: Announcing Dark Energy Crystals (DEC) - the Splinterlands In-Game Currency Token for @SteemMonsters / @splinterlands ! ht…

Reply Now     15     59
21 May, 2019
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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
$0.401197
VOTE:      1 
         
Steem Social & Community Metrics
Good   Ratings 4/5
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