How to Power Down – Visual Step by Step Guide 🐳

While you can transfer or sell Steem and Steem Dollars immediately in the case of Steem Power you have to follow a different process. Steem Power represents an investment into steemit. If you want to deinvest all of your steem power you can do so weekly spread over a period of 104 weeks.

Follow the Steps below:
You need to go to your wallet.

Click on your profile picture and select Wallet from the menu.

Click on the Arrow next to your Steem Power and select Power Down.

To initiate the Power Down you need to authenticate this transaction.

If the authorisation of your Power Down was successful in the History section of your wallet the following message “Start power down” with the amount of Vests and time elapsed will show.
The underlying unit for Steem Power is Vests.

In the Estimated Account Value section of your wallet you can always see an update on when the power down will be executed.

Once the Power Down is completed you will see the Amount in Steem in your wallet. It is first value in your wallet.

The next power down will be scheduled automatically. In the Estimated Account Value section, it will display when the next Power Down will be made.

If you want to stop the Power Down you need to follow the steps below.

Click on the arrow next to the Steem Power. From the menu select Cancel Power Down.

You need authenticate again this transaction. The Power Down is now stopped.

Final Remark: If you just signed and you received a certain amount of Steem you cannot power down. For example, if you received 10 Steem Power you need to wait until 100 Steem Power before you can power down. The rule is 10 times the amount of Steem Power provided by Steemit when the account was created before a Power Down can be activated.

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