I joined steemit couple of months but often confused about many terms concerning steemit. Everyday huge newbie people are joining to this awesome platform. So, we have to understand STEEM Power Delegation and its benefit. That why i try to made a tutorial regarding this. This my learning from steemit. So enjoy it.
In simple words, STEEM Power is a controlling means that you influence on Steemit. We may donated it by SP.
In Simple, STEEM Power (SP) features:
The more STEEM Power means the more earning power by upvote and curation rewards and less STEEM power means reverse state.
STEEM Power can't be instantly withdrawn to spend.
STEEM Power can be delegate easily to other users.
Delegated STEEM power can be undelegated anytime.
STEEM Power can be convert it called powering Down.
Why you delegate STEEM Power?
In the most cases, SP delegating ideas is Uniting STEEM power from different accounts to one accounts. We may called it voting account. More precisely, you may invest some of your SP and you will get rewards. In the other case, you can delegate some SP to help new users on steemit.
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Hello,
Great break down of it, I am also still only new and have only recently made scene of it.
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You got a 57.59% upvote from @whalebuilder courtesy of @syfulcomet. Join @whalebuilder family at our Discord Channel. Don't let your precious stake(SP) go stale...Make it do more so you have to do less. Deligate it to @whalebuilder by clicking on one of the ready to delegate links: 50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | custom amount.
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You got a 6.02% upvote from @upmewhale courtesy of @syfulcomet!
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