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RE: Everlasting STEEM Power; Why you should Power Up!
Since writing "Everlasting STEEM Power" the inflation rate of STEEM has drastically changed. It is now around 9%. The power down period has also changed from 52 weeks to 13 weeks. This has drastically changed the parameters of the "Everlasting STEEM Power" post.
I will am working on a new strategy. Stay tuned.
Increasing your STEEM Power is always a good idea.
Have a great week!
Steem on,
Mike
Thank you for sharing this info @etcmike I have lots to learn...I think my steem power is 1!
Yes, your current STEEM Power is just over 1.
The parameters have changed quite a bit since that post was written. The inflation rate of STEEM is now 9.5% and the Power Down period is now 13 weeks.
I wrote an update to that post in Retirement: Active Income from SteemIt.
You are well on your way to building your STEEM Power. When you get to a level of STEEM Power you are comfortable with, then you can use SteemIt to supplement your income.
I wrote of post about my up voting strategy that may help you. Upvoting For the Mutual Benefit of Patrons, Commentors, and Others While Promoting More Engagement
I try to help out my supporters as well as support people making an important contribution to the quality content and growth of the SteemIt community.
Have a great weekend!
Steem on,
Mike
Thank you for the updates as well. I finally feel like I'm understanding how SteemIt works. You have a new follower s I'm off to read some of your other articles. Thanks again!