How do you power down? From what I read as you power down you continue to accumulate "interest". So you'll alwasy have more than you powered one. Can one EVER withdraw everything from SP, even in 2 years time...
How do you power down? From what I read as you power down you continue to accumulate "interest". So you'll alwasy have more than you powered one. Can one EVER withdraw everything from SP, even in 2 years time...
Good question, I don't know the answer as I never powered down yet. It is possible that your power balance is decreased right away when you power down, in which case you accumulate no "interest"
well,. that's my point. that's not how it happens. you continue to accumulate. for example at 2000 sp you powerdown about 20sp/week and accumulate about 80. so after 104 weeks you'll have 6000+ than you started and maybemore with the curation and author rewards..this must be addressed :)
There in fact not Steem Power, but VESTS you really have on you balance.
VESTS qty is fixed and you "power down" VESTS.
Steem Power is dynamically risen up because VESTS rise in price vs Steem.
That's a good explanation but then how do i increase my vests?