RE: Can someone help me understand what "Power Up" / "Power Down" means in the Wallet section?

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Can someone help me understand what "Power Up" / "Power Down" means in the Wallet section?

in crypto •  9 years ago 

Power Up = Convert STEEM to STEEM Power
Power Down = Convert STEEM Power to STEEM, not immediately but in batches of 7 days for 1 to 2 years as far as i know :-)

STEEM generally is just meant as a transfer vehicle between BTC etc. and STEEM Power, whereas STEEM Dollars should always be valued at 1$.

crypto
9 years ago by

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      ·  9 years ago 

    Thank you

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        ·  7 years ago (edited)

      what is the recommended amount of STEEM POWER to hold on the STEEMit acount? Furthermore, how does a certain amount of STEEM POWER on the account affact earning potential?
      Thank you in advance!

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