That is very simple. When you power up, the Steem is sent instantly to a smart contract and held there, and then you can use for curation ,etc. When you power down, then it is withdraw from there over the course of 4 months.
One more question, if you don't mind. When I upvote, a box pops up that asks for a percentage...what's the distribution, or how & what's distributed (I hope that makes sense, you can see how old and dumb I am)?
That is where you choose how much vote power you allocate per upvote.
If you want to maximize your curation profits then always chose 100%, until your voting power stays above 0. Make sure you not run out of VP, but I think it should be plenty there if you vote manually.
Thanks. Althought SBD seems complicated it's actually easy to understand.
It's the other stuff I don't understand like "power up & power down"...SBD is pretty straightforward.
That is very simple. When you power up, the Steem is sent instantly to a smart contract and held there, and then you can use for curation ,etc. When you power down, then it is withdraw from there over the course of 4 months.
One more question, if you don't mind. When I upvote, a box pops up that asks for a percentage...what's the distribution, or how & what's distributed (I hope that makes sense, you can see how old and dumb I am)?
That is where you choose how much vote power you allocate per upvote.
If you want to maximize your curation profits then always chose 100%, until your voting power stays above 0. Make sure you not run out of VP, but I think it should be plenty there if you vote manually.
Check here:
https://steemdb.com/@richq11