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RE: 🎇Wow,STEEM POWER doubled every 100 days! What's wrong?

in #steemit8 years ago

steem and steem power are two very different things even though its denominated in steem its just a representation of value in steem not reflecting the balance in steem

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not reflecting the balance in steem?
if I have 100 steem and 100 steem power, According to what you say: the balance in steem is 100.
And then I power down my steem power, when it finished, I'll got about 100 steem.
So the balance in steem should be 100 + 100 = 200

That's not quite true either. It takes 104 weekly payments to power down your SP into STEEM. So after 2 years you'd have 200.

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