Vest is your steem power on steemit. I checked and currently 1 steem power is equal to 2047.58 Vests. Look up steemdb.com and your name for further info. Each upvote you earn and give is a specific amount of vest distributed to users. How we earn rewards on steemit comes down to how much vests we have. The steem you hold is only worth what you trade at today's prices, but the steem power you hold is a "vested" interest in the steemit platform. I think of steem power functions like a Certificate of Deposit while steem functions like a fiat currency. Thanks.
Vest is your steem power on steemit. I checked and currently 1 steem power is equal to 2047.58 Vests. Look up steemdb.com and your name for further info. Each upvote you earn and give is a specific amount of vest distributed to users. How we earn rewards on steemit comes down to how much vests we have. The steem you hold is only worth what you trade at today's prices, but the steem power you hold is a "vested" interest in the steemit platform. I think of steem power functions like a Certificate of Deposit while steem functions like a fiat currency. Thanks.