Steem (STEEM) API and Price Oracle

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For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
Blockchain network where the asset is deployed
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
Volume 24h
Trades 24h
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Token information

What is Steem (STEEM)?

Steem (STEEM) is a blockchain-based social media platform that rewards content creators and curators with cryptocurrency. It was founded in 2016 by Ned Scott and Dan Larimer, and the platform was launched in 2016. Steem derives its name from the concept of "proof-of-stake" blockchain consensus. The cryptocurrency STEEM is used to incentivize users for their contributions to the platform. It offers an alternative to traditional social media platforms by allowing users to earn rewards for their content.

How does Steem work?

Steem is a blockchain-based social media platform that rewards users for their contributions. It utilizes blockchain technology, specifically the Delegated Proof of Stake (DPoS) consensus algorithm. The Steem blockchain serves as the foundation for various decentralized applications (dApps) and social media platforms like Steemit.

Steem operates on its own blockchain, which is designed specifically for social media and content creation. It uses a DPoS consensus algorithm in which a set of trusted delegates are elected by the community to validate transactions and create new blocks. This differs from other blockchain networks that use Proof of Work (PoW) or Proof of Stake (PoS) algorithms.

The functioning of Steem revolves around the concept of "Steem Power" (SP) and "Steem Dollars" (SBD). Steem Power is a form of staked STEEM tokens that represents a user's influence and ownership within the Steem network. Users who possess more Steem Power have a greater say in the platform's governance and earn more rewards for their content.

The platform rewards users with Steem Dollars for their contributions, such as creating posts, commenting, and upvoting content. These rewards are distributed based on the votes received from users who hold Steem Power. Users can then convert Steem Dollars into liquid STEEM tokens, which can be traded on exchanges.

Steem's underlying blockchain technology and DPoS consensus algorithm allow for fast transaction processing and scalability. It also enables a decentralized and censorship-resistant platform where users have control over their data and can be rewarded for their participation.

What are the benefits of Steem?


What is Steem used for?


What is DIA's Steem API?


What is DIA's Steem price oracle?


Why use DIA's STEEM API & price oracle?


Why use DIA data feeds and oracles?

DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.