Steemit Engagement Challenge - S7W3 | "Steem education festival"
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picture desing in canve
Asalam alikum , I hope everyone is fine. I am excited to participate in "steem education festival". Knowledge about steem power is very essential, I am myself learning a lot and would like to share my learning with steemit community.
What is steem power?
Steem Power (SP) is an important concept in the Steem blockchain ecosystem. It is a form of cryptocurrency that represents a user's influence and reputation within the platform. It is a measure of how much a user has invested in the platform, the more Steem Power a user holds, the more influence they have in the community, and the more rewards they can earn for their contributions. Users can earn Steem Power by creating content, curating content, or by purchasing it directly with Steem or other cryptocurrencies.
Once a user holds Steem Power, they can use it to earn a greater share of the rewards from the platform's daily payout pool. Additionally, users with high Steem Power can also use their influence to vote on content and community proposals, which helps to shape the direction of the platform. Steem Power also serves as a form of collateral for the Steem blockchain, which enables users to borrow other forms of cryptocurrency, such as Steem or Steem Dollars, using their Steem Power as collateral. Overall, Steem Power is an important concept within the Steem ecosystem, as it serves as a measure of a user's commitment to the platform, and a way for users to earn rewards and participate in the governance of the Steem blockchain.
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Influence of steem power in our growth
Steem Power can have a significant influence on the growth of a person within the Steem community.
Holding Steem Power can give a person more influence over the community, as they are able to vote on content and community proposals, which helps to shape the direction of the platform. Additionally, users with high Steem Power can earn a greater share of the rewards from the platform's daily payout pool, which can provide them with more resources to create and curate content.
commitment of collecting steem power for myself
The more Steem Power we hold, the more valuable our votes become, which can help to boost our reputation and influence within the community. This can also increase the visibility of our content and make it more likely to be seen by other members of the community.
By having more Steem Power, we can also make more beneficial use of the platform's token economy, which can lead to more opportunities for growth in the community.
I intend to earn more steem power by utilizing all the tools available so that I have more influence and more opportunities for growth in the Steem community and after becoming influential will help my friends and support all the noble causes of steemit community.
I am inviting @taskeen, @abyousafzai and @hamzayousafzai
Great post! It's always wonderful to see members of the community actively participating in events like the "Steem Education Festival". Your dedication to learning and sharing your knowledge with others is truly valuable and appreciated. Keep up the good work!
Thank u for ur kind words
Great post @roomi, your dedication to increasing your Steem Power and taking advantage of all the resources available on the platform is truly inspiring. Your willingness to help others and support noble causes within the community is commendable and shows the kind of person you are. Keep up the good work, I look forward to reading more of your future posts and seeing how you continue to grow and make a positive impact within the Steem community.
Thank u, its great encouragement, I will try not to disappoint u in my future posts too
I think you have done a good job in answering the questions of this initiative. Steem Power is a measure of our influence in the ecosystem and who doesn't like to be influential, especially when we also receive economic benefits, because the more you have, the more you earn.
It is very nice that you are willing to support the noble causes of the community, it is a good motivation.
Best regards.
Thank u so much , I believe in growing and moving together. Its infact our intentions that matters in the long run. Glad to know that u think the same