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RE: How The 1UP Smart Media Token Economy Will Work And Be Profitable
Interesting. You are talking about delegators and delegations. Yet, I don't see it explained. Can you please tell me more about this aspect of the system? Thanks.
Sure: Delegating is the process of lending your Steem Power to another account. This happens on blockchain level and can be done with Vessel, Steem-Plus and eSteem Surfer. Steemit does not have that function integrated. The process assigns the right to use someone elses SP for them including all its benefits. But the SP cannot be powered down or delegated to a third acoount. The owner still has full control over it and can withdraw it at any time after which it takes seven days to return to the owners account.
I see in your wallet that you have actually delegated a substantial amount of SP away so you should be familiar with that process. Did you mean something else?
The incentives come via the liquid payout of Steem and 1UP paid out to the delegators.