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RE: I bought some Steem
If I power up with Steem that is a one way transaction correct? This improves all my future earnings and voting power but essentially takes the Steem out of circulation?
If I power up with Steem that is a one way transaction correct? This improves all my future earnings and voting power but essentially takes the Steem out of circulation?
It’s not a one way transaction but it puts it into escrow. It can be powered down again but the complete process takes 3 months. You get a percentage every week while the power down continues.
It also makes the funds more secure as they can’t be accessed immediately.
Posted using Partiko iOS
Oh cool! That wasn't particularly clear. I shall power up immediately.