Whats steem power?

in #cyptocurrency6 years ago (edited)


Steem power indicates how much influence a user has in the steem network. It is like having stake in Steemit. Steem power is also known as SP. The more SP you have, the more you can reward other people.

You can earn more with your upvote. If you upvote others post, they get reward according to your steem power and you will get curation reward. Steem power is less liquid. If you power down SP, you will receive steem in 13 weeks with equal amount of steem per week.

You can even delegate your steem power to other user. Then she or he can use your delegated SP. You will always be the owner of your delegated SP and you can cancel the delegation any time. After cancelling delegation, SP will be back to you in a week.

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Congratulations!

This post has been upvoted from Steemit Bangladesh, @steemitbd. It's the first steemit community project run by Bangladeshi steemians to empower youths from Bangladesh through STEEM blockchain. If you are from Bangladesh and looking for community support, Join Steemit Bangladesh Discord Server.

If you would like to delegate to the Steemit Bangladesh, you can do so by clicking on the following links:

50 SP, 100 SP, 250 SP, 500 SP, 1000 SP.

YOU ARE INVITED TO JOIN THE SERVER!

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by RezoanulVibes from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

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