Update #67: Writing Expedition ✍️, Have Fun while Writing! Steem Power Up An Investment.
Meaning of Power-Up
Steem Power-up is the process of converting liquid steam to steam power.
STEPS I USED IN THE POWER-UP
I will be showing you how I power up my account today and this may also serve as a tutorial for any Steemian who is not familiar with power-up.
Step 1
I logged into my Steemit blog and clicked on the wallet and this page opened as contained in the screenshot below:
Step 2
The second step I took was that I clicked on the key next to the steam and a menu popped up containing: Transfer, Transfer to savings, power up, Trade and Market as shown below:
Step 3
I clicked on power up and a new page displayed titled: Convert to STEEM POWER. See the screenshot attached:
Step 4
I clicked on balance and the figure appeared in the column for the amount and the power-up button was activated. See screenshot attached
Step 5
I clicked the power-up button and a new page was displayed titled: Confirm Transfer To Vesting. See screenshot.
Step 6
I clicked on ok and a new page displayed titled: Sign to complete transfer. Here I provided my active password and the sign-in button activated as shown below:
Step 7
I clicked on the sign-in button and all the Steem got converted to Steem Power. See the screenshot below.
The Benefits of Powering-Up
These are my reasons for powering up:
Investment: I see powering up as an investment. The number of liquid Steem powered up will be withdrawn in future and at a higher price or value.
Voting Influence: The amount of Steem Power a Steemian has affects his voting influence. This implies that the more Steem Power you have, the higher the value of Upvote you get.
It makes you become a trusted Steemian
Converting Steem to Steem Power makes Steem scarce thereby influencing its price
Steem Power gives control over post-payouts and allows you to earn curation rewards.
Thank you for spending time in my blog. I do hope that you enjoy this moment.
I invite @yakspeace, @adylinah and @heriadi to also participate.
10% support to @steemkidss
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