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RE: Steem Bank Power up Challenge: 15/05/2021
clear and concise @majerius. What about powering down does anything exist like that??
thanks for sharing with us
clear and concise @majerius. What about powering down does anything exist like that??
thanks for sharing with us
Powering down surely yeah! exists. It is just the reverse of power up. You power down mostly only when you want to sell your account. In this case you need 1month for a complete power down. During the process you can still stop the power down.
It consists of converting your SP to Steem. But has so many disadvantages, for example your influence on posts reduce and the votes you cast have less strength, subsequently reducing your curation rewards. In a nutshell, the lower your SP the more you depend only on author rewards.
I advice anyone doing a power up to not power down coz it's like investing and you win both in author rewards and curation rewards.
#affable #cameroon
👍🏻