What is the relationship between steem and SP? I can't recall how much I had in SBD exactly, around $10, and I bought steem with it and powered it up. Now I have an account which has a much different value than it did, like 5x as much. Am I misremembering something or is powered up steem worth a lot more than SP, or something completely different?
What is the relationship between steem and SP? I can't recall how much I had in SBD exactly, around $10, and I bought steem with it and powered it up. Now I have an account which has a much different value than it did, like 5x as much. Am I misremembering something or is powered up steem worth a lot more than SP, or something completely different?
So Steem power is what you have powered up or locked away
Steem is Liquid which is not locked up and can be sent/traded or exchanged for other cypto
The value of our Accounts is based on both Steem and Steem power relative to the 7 day rolling average of the steem price.
Hope this makes sense
Thanks. Noted!
Wow!! Interesting to know this too
Thank you @kiwiscanfly