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RE: Did You Know You Can "Transfer" SP To Someone Else?

in #howto6 years ago

Yes, isn't that a cool feature? It means you can boost someone's account without just giving them Steem that they could sell. Instead, it would take them 13 weeks to power down. This means the Steem you power up for them can't be sold immediately.

Good find though. I hadn't realized that Steemit had so much going on.

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If you owe someone money and they're being annoying about it then it's the perfect way to pay them back. Lol

Ha ha ha, good idea!

Well, now it makes me wonder why we can't just straight transfer SP like everything else. Especially since there's always the push to power up. Get more power, more say, so on and so forth.

Can't tell exactly, but it sounds like you'd already found out about it.

I imagine you can't transfer SP because it's already vested. You have to un-vest first, then you can transfer. Otherwise it would be too easy to transfer. For instance, you could transfer powered SP in exchange for SBD. It would be a way for people to circumvent the 13 week powering down period. You could sell the SP at a discount in order to get it out sooner.

I see what you're saying. Who knows, that might be why. However, even if you are selling SP for SBD, the SP still exists as SP for the person who's receiving it. Unless you're saying it magically converts to STEEM somehow, the newly added SP would have to be powered down along with the rest of the existing SP, wouldn't it?

No, it wouldn't be converted to Steem. I'm saying I think they have it set up so people can't get around the powering down process. Yeah, it would still need to be powered down.

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