Crypto Academy Season 5 Beginner Course - Task 2: STEEM & TRON @nova001
Cc:
professor @shemul21
@steemcurator01
@steemcurator02
* What is PoB?
* What does healing mean to you on Steem Blockchain?
* What are the benefits of building SP?
* How do you explain upvoting as good or bad social behavior and why?
* Browse Coinmarketcap.com to indicate STEEM range, STEEM price, and coinmarketcap (screenshot required)?
* What are the different tokens you earn by socializing on Steem Blockchain?
* How would you use your TRX earned on Steem Blockchain to optimize profits in the Tron ecosystem? ___
1.- What is PoB?
It is important to note that the POB system is based on knowledge, this means that users must have prior knowledge on the subject to be able to determine if the content is of quality and is useful or not.
2.- What does healing mean to you on Steem Blockchain?
When we start within the platform, our vote is 0, however, as we build our Steem Power, this vote acquires value, I particularly consider that healing is one of the wonders of this blockchain and one of the best ways to receive remuneration for it. quality content that we contribute to the platform.
3.- What are the benefits of building SP?
- The higher the SP, the higher our rewards will be.
- With a high SP we can create communities with a specific objective while allowing us to support users who are part of this community and contribute quality content to it.
- Another benefit of building our SP is that we can get TRX, 1 SP equals 1 TRX, which means that by receiving healing rewards we not only increase our SP but also increase our TRX.
- A high SP also allows us to be more visible and have more influence within the platform.
5.- How do you explain the up vote as a good or bad social behavior and why?
6.Explore Coinmarketcap.com to indicate the range, STEEM price and STEEM coinmarketcap (screenshot required)
Coinmarketcap is one of the most reliable web pages if we talk about cryptocurrencies, here we will find updated data on them, price and market capitalization, in order to explore the page we must enter: [Coinmarketcap] (https://coinmarketcap.com/ )
Upon entering the page we will find the ranking of the cryptocurrencies available:
We go to the search section, place Steem and click, it will show us the information about it:
As we can see at the time of the screenshot the STEEM ranked 185 in the market ranking and a price of $ 0.494 we can also visualize the volume $ 69,672,124Cap. Market $ $195,310,931and outstanding shares 394,951,699.00 STEEM.
Information | Result |
---|---|
Cryptocurrency | STEEM |
Ranking | 318 |
Price | $ 0.494 |
Volume | $ 69,672,124 |
chap. Market | $ $195,310,931 |
shares outstanding | 394,951,699.00 STEEM |
7.- What are the different tokens that you earn by socializing on Steem Blockchain?
Steem: It is the fundamental and most important token for the operation of the blockchain, its main function is to guarantee the value of the content created within the platform; It can be converted into Steem power (SP) through a process called power up, the Steem can also be sold within the local market for profit or it can be transferred to another user.
Steem Power (SP): This token has the function of increasing our influence within the platform, that is, the greater the amount of SP, the greater our voting power will be, it can be converted to Steem through a process called power down that lasts about 13 weeks. The Steem power is non-transferable but a part can be delegated to another user or community through the "Delegation" this in order to contribute to its growth within the community.
Steem Dollars (SBD): This token has a commercial value within the blockchain and can be exchanged in different exchanges or in the internal market, its main objective is to stabilize the economy of the Steem blockchain.
TRX: It is one of the tokens that we receive as part of the reward for our publications, its relationship is based on the amount of SP that we receive, that is, 1SP = 1TRX, this token is native to Tron Blockchain, so the TRX that We get they go directly to the TronLink wallet and they can be exchanged in different Exchange.
The author can receive different forms of reward such as:
- SBD + SP (if the debt ratio is below 9%)
- STEEM + SBD + SP (if the debt ratio is between 9% and 10%)
- STEEM + SP (if the debt ratio is above 10%)
This debt ratio is the capitalization ratio between the SBD market and the STEEM market; the publications are generally configured 50% SBD and 50% SP (the amount of SP received will be the same amount of TRX that we will receive as part of the reward) although they can also be configured 100% Power Up or reject the payment.
8.- How would you use your TRX earned on Steem Blockchain to optimize profits in the Tron ecosystem?
Conclusion
The brain test is a brain test is a participation mechanism within the platform, in which original, creative and interesting content has to be created that eventually allows obtaining various rewards that can later be used as well as in strengthening our lives. accounts, as in supporting our colleagues and other communities.
Cc:
professor @shemul21
@steemcurator01
@steemcurator02