- Here I am definition of power up first and then to discuss the benefits of power up.Power up plays an important role in increasing the amount of your power and in increasing your reputation rapidly at this platform. First I would tell the definition and then will highlight some benefits.
What is power up | Power up is the conversion of some of your steems into your power by an option of power up that you can see after login to your wallet by using master key. |
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Voting slider:
•Getting a minnow gives you a voting slider on @steemit.com.
•By getting a minnow is a particular achievement and corner for numerous.
•So due to getting a minnow power up have a very important and Central role in your reputation.
Make your vote value much higher:
•In the start when you are a new commer then your vote value is not much high in fact it is truth that value is very very low when you come in the posting at steemit.
•Powering up increases the value of your vvote
•Powering up increases the stake you hold in substantiation voting.
•Its an important benefit another of powering up.
•Basically when your power is high then the both of your value increases gradually and automatically.
•For example if a person has 500 SP in his account and if a person has 1000 SP in his account then what you think the work of which uses will be of more demand?
•The answer is very simple definitely the second person which is having the 1000 SP in his account or his wallet will have a much high value of his vote and you can earn more from the curation due to this.
Liquid steem lock:
Liquid steem | These are basically the steems that you guys can withdraw and can use for any purpose you want |
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•But if you convert your liquid steem into your power then you cannot withdraw it so converting your steems into the power means locking your liquid steem into the power and can only withdraw these steems by power down.
•Locking liquid STEEM into STEEM Power makes STEEM a scarcer resource and in turn should help the price as long( as there's demand.)
A kind of future saving:
•Powering up shows other STEEM druggies that you have long term intent and confidence in STEEM
•Powering up is investing in your future.
A help in growth of platform:
•Powering up gives the STEEM ecosystem time to grow and flourish. Flash back, STEEM is rather new in the general terms of effects.
•When the platform will grow then it will also be beneficial for you so you should be helpful by your power up at regular intervals to give a part in the growth of platform.
More steem power means more earning somehow:
•Part of the recently created STEEM each day is participated with STEEM Power Holders. •Powering up STEEM now will return you with further STEEM in the future.