My Understanding of Steem Flow v1 - A guide to talk with non steem people.
Not perfect, but usable
I was talking with a friend today and sorta drafted up this chart to illustrate some of the interactions of the steem coin and how, SP and Vests, and STUS are interconnected, how value is moved around and how the system ( *sorta * ¯_(ツ)_/¯ ) works.
Its not perfect, and their is a LOT left out (*Don't Judge me)... but for a mile high view, like "here is some of whats going on"... it may be helpful, more so if you are sitting down with someone and are trying to talk threw how Vests and STU's Relate to post value and how to move savings into the market place, and why their SBD level is not making them a Orca ... and so forth.
Also, I made this in google docs.
Feel free to make a copy of it and improve on this diagram! If you do, post it below!!
Here is the link to it
https://drive.google.com/file/d/1ObpImeQ3xMH__PnpLYD_68qLVUZCXRDl/view?usp=sharing
Bonus
Here is the SP power levels and rank names... this was useful for me when they asked, what the "BLEEP" is a minnow? lol
| Level Name | Sp Min | Sp Max |
|---|---|---|
| Plankton | 0.00 | 500.00 |
| Minnow | 500.00 | 5,000.00 |
| Dolphin | 5,000.00 | 50,000.00 |
| Orca | 50,000.00 | 100,000.00 |
| Whale | 100,000.00 | and up |
Cheers
:)
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STOPTo support your work, I also upvoted your post!
This is pretty cool, @jacuzzi, and I think .... looking at it in visual form like this may help a lot of people understand Steemit's mechanic better :) Good work !!!
I hope it does help.. I remember day 1 here and being like "Whaaaaaaaaaaaaaaaaa". Lol. Good times.. Thank you for the support friend!