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RE: ❓Answering Common Questions: Can you explain how Powering Down works to me? 🔌
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.