Post
Topic
Board Announcements (Altcoins)
Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch)
by
thereverseflash
on 04/04/2016, 17:06:05 UTC
Since the amount of VESTS is now more than 90% of STEEM, does this mean you will not get back as much steem if you buy VESTS as you would have if you just kept them?

As far as I can see, it is not 90% yet. More like 86-87% at the moment if I understand this stuff correctly.

You are correct.  It will not go above 90% unless people with STEEM explicitly convert to VESTS.  Absent any transactions the amount of STEEM held in VESTS will always move TOWARD 90%