Are you still confused, what is Steem, Steem Power(SP) and Steem Dollar(SBD), than this post is for you.
Friends when you login your Steemit A/c you have to go to your Wallet page, you will see three things out there STEEM, STEEM POWER AND STEEM DOLLAR.
Friends STEEM and STEEM DOLLARS are tokens, which you can trade immediately. For example if I go to coinmarketcap you see these coins there.
At a time of it's blockchain design they put two tradable tokens, which is steem and steam dollar. Steem dollar peg against US Dollar and steem considered as a normal token like, ethereum, Ripple etc. Steem dollar's purpose is same like the purpose behind USDT and True USD. Ideally its price has to be near around US dollar price because its peg against US Dollar, but steem is a normal token and its price can be anything. This is a major difference between steem and steem dollar. You can trade them anytime if you have available Steem and Steem dollar in your account. Now let's come to the main thing on Steemit platform, which is Steem power, Steem power is basically Steem only. Steem power means you have locked your tokens on blockchain, so the more Steem you have on steemit, the more Steem power you will get. Steem power is a influence of yours on steemit, that means it will determine what is the power of your vote. So the question is how to get Steem power, well there are two ways to get that, one is, you can buy steam directly through exchanges and once you get Steem on Steemit than you have to power up to get Steem power. You will get the Clue by this picture below how actually it's work_
Second is, you have to post on steemit and than you will get upvote, comments and by that you will get Steem, Steem dollar and Steem power. Whatever votes you will get that will reflect after 1 week on you Steemit account, and that amount which you will get by your post will be divide in three parts which Steem, Steem Power and Steem Dollar. So this is how it's all works.
Friends this is only complicated part of steemit. I hope this post will help you to understand what Steem, Steem Power and Steem Dollar.
If you like the post pls. Upvote and comment.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Thank you for making my mind a sort of all these three things! I was thinking about what is steem power since a long time!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope this post is helpful for you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Make a post on how to increase reputation also bro
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ok bro I'll try
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for telling now i know better about them
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's the main aim for this post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
brief knowledge about all of them
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I tried my best bro.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for the info mate!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Welcome bro
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@steemitvkey24 very knowledgeable blog buddy. keep sharing such types of useful information with your community.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
For sure brother, but for that I need a support of u all. Keep supporting
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good one.really helpful for beginner
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanx brother
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@steemitvkey24 you write a nice blog. You explain the steem, steempower and and very briefly
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanx brother
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Will like see more post on steemit platform. Also write some on how to increase reputation.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Alright bro I'll try my best. Just keep supporting
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You have mentioned every thing in one paragraph, Its difficult to read, try using smaller paragraph with proper heading. Thanks for creating this post, lot of people still not clear about it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Alright bro I'll keep that in mind. Thanx for ur advise.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@steemitvkey24
Thanks for sharing many pepole not know about this.
Helpfull post for everybuddy
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank for finding it helpful
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
all the game of gain is on auto bots
coz few upvotes will never do
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ya actually
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice blog... keep it up..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thnx bro
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice information.....to learn easy about steemit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice info for the beginner... Keep posting such article...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice Information brother
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very helpful for beggners
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit