Why EOS is starting with 5% inflation rate unlike Steemit which started with 9.5% inflation rate ?
Also, I want to understand a comparison between the two, in terms of the final inflation rate?
Why 5% ? why not more or less than 5? Is it due to more EOS max. supply (than steem) i.e. 1 Billion?
After 20 years, is Steemit going to have 0.95% inflation for lifetime ? If yes, is EOS having similar economics?
NOTE: I know the reason of introducing the inflation i.e. to incentivize the BPs and SPs, work proposals.
Please explain in detail....