Understanding Steem Powering UP
I have been around here a short period but will like to share my understanding from a relatively newbee position about the above subject matter which I believe many of us new comers dont really understand or let me say comfused about.
And I will like to be make this post as short as possible.
Steem Power
You will discovered that from every quality content you made, after seven (7) days the pay out you will be getting is in both Steem Dollar (SBD) and Steem Power (SP).
Steem power is considered to be a powerful tool in the hands of every member of the Steemit community as it gives you a sense of belonging in this project showing that you have a stake in it. Having in mind that SP gives you stronger voting influence.
Steem Powering UP
Keeping or having more Steem power has some benefit in which we can say includes
Regular Financal Growth
Platform Support
Steem Powering up simlpy means getting more Steem Power either by upvotes or by buying it via Steem in your wallet.
We should also note that Steem powering up is a build feature for Steemit.
The STEEM White Paper states that individuals are guaranteed to have more STEEM in the future than they have when they first convert from STEEM to STEEM Power.
We can also read more about this from Steem White Paper which is just a thirty two (32) page document.
Thanks for stopping by.
Good explanation. Thanks for your post!
Ty for the helpful information!
It took me a few weeks to start to grasp S, SP & SBD.
:)
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This post has received a 0.22 % upvote from @drotto thanks to: @banjo.
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