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RE: ❓Answering Common Questions: Can you explain how Powering Down works to me? 🔌
Thanks for the simple explanation on powering down! Love it. I stumbled onto an awards page recently that had something to do with vests. As far as I could tell I did not have any awards but the page was not self explanatory. Do you also have info on this subject?
Think of vests in the sense of how much ownership you have of Steemit. This number is directly tied to how much Steem Power you hold. Right now 1 Mvest (which is one million vests) = 483.104 Steem (Power)..this amount changes depending on how much total Steem Power is being held.