Hello to the community, hope everyone is doing great!!
After a healthy week here on Steemit, I hope to engage in the weekly power-up by joining this contest by @jyoti-thelight. So, here we go.
We all agree that Steem Power plays a significant role in many areas of the platform. That's why we promote it and guide new users to join the trend. If you still have doubts, you can clarify once you read this article. As we know at least 50% of our posts' rewards automatically convert into Steem Power. We have to play with the other 50%, increasing our power and also if need to withdraw some to usage.
Anyway, before talking about the importance let's see the process of doing it!!
Power up process
- Powering up means the liquid Steem in our wallets to staked state. First, go to the wallet, there you can see the amount of STEEM at the top. In the drop-down menu, the power-up option can be found. So, by clicking it, we have a very straightforward procedure.
Before Power Up
200 STEEM POWER-UP
- So, when given the power-up option, a window will pop up as below. Just give the amount you need to power up and proceed with your active key.
After Power Up
- It will take a few seconds you can see the balance has been updated at the same moment.
- Before Power Up - 550.045 Steem, 20,269.771 SP
- Amount Power up - 200 Steem
- After Power Up - 350.045 Steem, 20,469.771 SP
The importance of Power Up
We have to understand that Steem Power can be converted vise versa after one month of request. So, why do we bother with this? I know that's a concern.
The main thing is growing your account and reputation on the platform. As most of us started the journey from scratch, we have to put in extra dedication and commitment to grow and get highlighted in the platform. So, it's a great satisfaction to see the growth of our account. Once you reach the rhythm you will love it.
According to Steem Power, our influence in many areas increases. Top of the list is the increasing of voting power. Just look at the power in Sco1 or other curators. So, we can support quality content. In return, we can have a curation reward which also increases with our power. On the other hand, SP can be delegated to a specific community or an account as a team and have benefits as a team. And we can have a good impact on witness voting as well.
As I said, our STeem power is like a mirror that reflects our commitment and trust in the platform. So, it unlocks certain opportunities like, Steem/ country representatives, moderator or curator roles, etc.
And just like an interest,
STEEM POWER increases at an APR of approximately 2.68%, subject to blockchain variance.
Also, the amount of Steem staked helps to stabilize the price of Steemit, so even at a small proportion, we can help to do it. If you believe Steemit has a good future, the best method to collect it and save it is by powering it up. So, I guess you get a nice picture here.
Thank you once again for hosting this nice contest. I hope you will find it interesting. I invite @sachisewwandi, @mikitaly, @simonnwigwe to the contest!
Until the next time! Enjoy!
Thank you.
Best Regards!
https://x.com/UsualBeyond/status/1839018306755600525
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Hi @damithudaya
Your Twitter promotion isn’t proper . There are two things you need to do to properly promote your post on Twitter:
Hope you have understood everything about Twitter promotion properly.
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You now had a big steempower Damit. Keep doing it so that otherz esp the newbie will follow.
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Your post has been rewarded by the Seven Team.
Support partner witnesses
We are the hope!
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Many thanks my friend for mentioning me. I too have been powering up for some time now and am trying to get people to understand the importance of this to grow and prosper our personal account but also the whole Steemit ecosystem.
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P.S. Good luck with the contest.
@damithudaya
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