Difference between revisions of "Liquid"

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(Liquid Steem and Steem Dollar)
 
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When referring to Liquid in the context of Steem and Steemit, it means the Steem and Steem Backed Dollar (SBD) currencies that are available in your wallet you can freely and instantly use. In your Steemit Wallet you see 5 items:
 
When referring to Liquid in the context of Steem and Steemit, it means the Steem and Steem Backed Dollar (SBD) currencies that are available in your wallet you can freely and instantly use. In your Steemit Wallet you see 5 items:
  
1. Steem
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1. [[STEEM Tokens|STEEM]] <br>
2. Steem Power
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2. [[STEEM Power (SP)]] <br>
3. Steem Dollars
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3. [[Steem Dollars (SBD)]] <br>
4. Savings
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4. Savings <br>
5. Estimated Account Value
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5. Estimated Account Value <br>
  
 
Liquid currencies are the Steem you have (number 1 above) and the Steem Dollars you have (number 3 above).
 
Liquid currencies are the Steem you have (number 1 above) and the Steem Dollars you have (number 3 above).
  
 
The Steem and Steem Dollars you have under Savings (number 4) is also liquid, but it takes a little bit of time before you can use they saved money. It takes 3 days to transfer Steem and Steem Dollars to respectively your Steem (number 1 above) and Steem Dollar (number 3 above) wallets. The reason for the 3 days delay in transferring the Steem and Steem Dollars is to provide a extra level of safety. Anyone who is able to hack into your wallet is not able to take away the Steem and Steem Dollars in your savings account, immediately giving you some time to identify the hack and take the necessary steps to secure your account and wallets again.
 
The Steem and Steem Dollars you have under Savings (number 4) is also liquid, but it takes a little bit of time before you can use they saved money. It takes 3 days to transfer Steem and Steem Dollars to respectively your Steem (number 1 above) and Steem Dollar (number 3 above) wallets. The reason for the 3 days delay in transferring the Steem and Steem Dollars is to provide a extra level of safety. Anyone who is able to hack into your wallet is not able to take away the Steem and Steem Dollars in your savings account, immediately giving you some time to identify the hack and take the necessary steps to secure your account and wallets again.
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==Links:==
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* '''Steemit''' : https://steemit.com
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* '''Steem.io''' : https://steem.io
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* '''@steemitblog''' : [https://steemit.com/steem/@steemitblog/introduction-to-steem-liquidity-rewards Introduction to Steem Liquidity Rewards] ''July 2016''
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* '''@hipster''' : [https://steemit.com/steem/@hipster/solving-liquidity-issues Solving Steem Liquidity Issues] ''July 2016''
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* '''@thestringpuller''' : [https://steemit.com/steem/@thestringpuller/steem-liquidity-and-demand-issues-possible-market-crash Steem Liquidity And Demand Issues - Possible Market Crash] ''August 2016''
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* '''@me-tarzan''' : [https://steemit.com/steemit/@me-tarzan/liquid-steem-price-comparison-chart LIQUID STEEM / PRICE COMPARISON CHART] ''March 2017''
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==Related articles:==
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* [[Internal Market]]
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* [[Steem Dollars (SBD)]]
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* [[Steem Exchanges]]
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* [[STEEM Power (SP)]]
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* [[STEEM Tokens]]
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* [[Steem Wallets]]
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* [[Steemit]]
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==References:==
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* '''Wikipedia''' : [https://en.wikipedia.org/wiki/Market_liquidity Market liquidity] ''Retrieved in 6/28/2017''
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* '''Investopedia''' : [http://www.investopedia.com/terms/l/liquidity.asp Liquidity] ''Retrieved in 6/28/2017''
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* '''Woobull''' : [http://woobull.com/the-network-effects-of-volatility-and-liquidity-bitcoin-vs-other-payment-coins/ The network effects of volatility and liquidity, Bitcoin vs other payment coins] ''Written by William Woo, published in 12/12/2016''
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<br>
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----
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<br>
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{| class="wikitable" style="margin: auto;"
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| Help keep this wiki page updated. Register, click in [https://www.steem.center/index.php?title=Liquid&action=edit edit], add or modify the text and save. <br>If you're already a steemian you can be rewarded with steem, see how in [https://steemit.com/introduceyourself/@steemcenterwiki/introduction-rewarding-steem-center-wiki-editors-with-steem-too @steemcenterwiki].
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|-
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|}
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<br>
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[[Category:Economy]]

Revision as of 22:12, 28 June 2017

When referring to Liquid in the context of Steem and Steemit, it means the Steem and Steem Backed Dollar (SBD) currencies that are available in your wallet you can freely and instantly use. In your Steemit Wallet you see 5 items:

1. STEEM
2. STEEM Power (SP)
3. Steem Dollars (SBD)
4. Savings
5. Estimated Account Value

Liquid currencies are the Steem you have (number 1 above) and the Steem Dollars you have (number 3 above).

The Steem and Steem Dollars you have under Savings (number 4) is also liquid, but it takes a little bit of time before you can use they saved money. It takes 3 days to transfer Steem and Steem Dollars to respectively your Steem (number 1 above) and Steem Dollar (number 3 above) wallets. The reason for the 3 days delay in transferring the Steem and Steem Dollars is to provide a extra level of safety. Anyone who is able to hack into your wallet is not able to take away the Steem and Steem Dollars in your savings account, immediately giving you some time to identify the hack and take the necessary steps to secure your account and wallets again.


Links:

Related articles:

References:




Help keep this wiki page updated. Register, click in edit, add or modify the text and save.
If you're already a steemian you can be rewarded with steem, see how in @steemcenterwiki.