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RE: Everlasting STEEM Power; Why you should Power Up!
This was a great explanation of how Steem and Steem power work. Thanks man :)
This was a great explanation of how Steem and Steem power work. Thanks man :)
Please keep in mind that the STEEM inflation rate is much lower now, but it is still there. The STEEM inflation rate is about the same as what you get in a bank.
However, with the price of STEEM increasing lately, this should give you a whole new reason to Power Up.
The big advantage to powering up is that you upvote counts more. This in turn also increases your potential curation reward.
While I may power down from time to time to balance my crypto-portfolio, I am HODL'ing STEEM Power right now.
Have a fantastic weekend!
Steem on,
Mike
I’m starting to get the hang of Steem now. Thanks for the extra info.
Except it seems out of date: the whitepaper from August 2017 to which the article links does not seem to have the passage quoted here anymore. The vesting schedule changed from 104 weeks to only 13 weeks ...
It would be cool to have an update ...
I just put some steem and sbd into sp👍
It’s a fantastic time to buy some more.