What does the number under your Steem Power signify?steemCreated with Sketch.

in howto •  8 years ago  (edited)

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Hello Steemit community I was wondering what the number under your Steem Power signifies? For example:

Screen Shot 2017-06-11 at 9.49.45 AM.png

This person has a ridiculous number in parentheses (+630,458.392 Steem) Why? What does this mean? Why is it in parentheses?
And I once also had a number in parentheses, what happened to mine? Why isn't it there any more?

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Those are Steem Power delegated to you by another person (as what I've read in some pages/posts).

Can you elaborate on that? and if its delegated or given to you why do I have no more?

It usually has a timeframe, or if not, the giver can take it away at his discretion.

how would i got about to delegate Steem Power to someone else and at what cost does that come?

  ·  8 years ago (edited)

I'm not entirely sure, I can't find the article I read earlier. Will reply here when I have more info, so far that's what I know. You can try asking in chat.

thanks man

Anything to help.

Someone has to want to give you power to vote with. If you look at my account you will see a negative number there because I have delegated that much power elsewhere.

what do you gain from delegating power ?

Me? I gain nothing. I lose. The project that I have delegated to gains the extra curation rewards that my power allows for.

what do you mean by that?

I don't understand your confusion. What I said is literal. I don't gain anything by delegating. I actually lose out on my curation rewards because of it. So I lose money. However the project I delegated to, gains more curation rewards from it's votes, because it votes with my power.

ahhh sorry I misread it the first time! This is just really interesting to me and steemit hasn't failed to surprise me with all that the platforms does.

So how do you choose who to delegate your SP? just curious

So do you gain anything when the project you delegated to, gains more curation rewards?

Are u sure it is another person on steem or it's not steems node

It's the Steem Power delegated to you. With HF 18, there is a new feature where people with huge (or not) Steem Power can delegate (lend) part of their Steem power to one or multiple accounts.

All new user who signs up using Steemit gets delegated some SP by Steemit.inc, as your SP grows, your delegated SP gets pull back when you have enough SP to stand on your own.

Whats HF 18?

Steem Hard Fork 18 .

you can read up abit on here..

https://steemit.com/steem/@ervin-lemark/steem-hard-fork-17-and-hard-fork-18-will-happen-tomorrow-at-15-00-utc

but Hard fork 19 is coming soon.

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thank you

But I think this is a good question that new people might also have a hard time understand such as myself

there is the questions tag for this kind of article - as well as faq tag

WORD, thanks brotha !