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RE: For auction: 10K delegated SteemPower for one week!

in #delegation7 years ago

i'm pretty new too, but i think i got most of the basics down. so i should be able to answer this.

to understand this post, you will first need to understand "steem power", which is basically the amount of power you have behind your upvotes (and flags). the higher your steem power, the more powerful your vote is in terms of rewarding the people you vote for.

there are many ways to obtain steem power, and one of them is by "delegation", which is what @neoxian is offering here. it's basically "loaning" of steem power from your own account to others for any period. also note that delegated steem power is deducted from your own steem power.

to anyone reading this, i don't think i got it wrong, but if i did, please feel free to correct me!

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Good job on this nice answer, my padawan.

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