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Steem - Live Steem price and market cap

Steem - Live Steem price and market cap

Get Steem (STEEM) price live chart and market data from all exchanges. 1 STEEM to USD (STEEM/USD). Steem price today ✓ $ 0.338 USD (0.77 %) Steem historical data, chart, market capital & circulating supply. Stay up to date with the current price of Steem for 1 min, 1 hours, 24 hours, 7 days, 1 month, 1 year, and more.
Steem (STEEM) Crypto Coin Rank 48
Website
313,649,079 STEEM

Steem (STEEM)
Steem
STEEM Coin Values STEEM

Steem (STEEM) valuesUSD Price
$ 0.3378

Steem (STEEM) BTC Price
0.00008461

Steem (STEEM) 24h Vol
$ 1,045,900

Steem (STEEM) Market Cap
$ 105,937,085

Steem (STEEM) Circulating
26,538

24h Vol
262 BTC
1 Hr
-0.35 %
24 Hr
0.77 %
7 Day
6.35 %
Full Name
Steem (STEEM)
Symbol
STEEM
Algorithm
BTC Price
0.00008461 BTC
BTC Market
26,538 BTC
BTC 24h Vol
262 BTC
Total Coins Mined
313,649,079 STEEM
1h
-0.35 %
24h
0.77 %
7d
6.35 %
STEEM Charts

Steem (STEEM) Price Charts

STEEM High/Low Price Chart

Steem (STEEM) Price High/Low Price Chart

Historical Data

Steem (STEEM) Crypto Technology

Markets

Steem (STEEM) Crypto Market

Description

Steem (STEEM) Crypto ICO Description

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.

 

Technology

Steem (STEEM) Crypto Technology

Sorry, detailed technology about Steem (STEEM) is not currently available

Features

Steem (STEEM) Crypto Features

Sorry, detailed features about Steem (STEEM) is not currently available

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