RE: What is the Steem to SP conversion rate?

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What is the Steem to SP conversion rate?

in steem-help •  6 years ago 

You have a delegated stake from the account "steem". It seems like the account "steem" reduced the delegation with 0.806 SP right after you increased your own power with 0.806.

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Dear, i am unable to understand what do you say. You are referring account " steem". I dont have any account named as steem. I powered up using this account nkleet only. Also, kindly read my comment above which starts from word "Edit". That may help you to reach to conclusion quickly. And thanks for paying attention to my problen

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There is an account @steem that holds quite much steem power. Perhaps it has a mission to prop up new users with 15 steem power. At least you own less than 4 steem power personally, the rest is delegated from the @steem account - and this account did step down the delegation right after you converted steem to steem power.

Dont know what is going on. Anyways, kindly tell me how can i get my .800+ .236=1 sp back?

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you never had 15 steem power in the first place, you did not buy it and you did not earn it - those 15 steem power was lended to you, without your knowledge - and the lender is gradually taking it back. Once your own Steem Power balance (either bought or earned) exceeds 15, you will start gaining steem power normally.

A new account on Steem can neither post nor vote without having any steem power. My guess is that the @steem account was set up by Steemit Inc and is being used to get new users started. Without this one would have to pay money before being able to post, comment or vote, and that's not desirable.

This may be true. That figure is divided in 11.xxx and 3.xxx. and i am able to power down that 3.xxx. I remember a little but not fully sure that my account had 15 Sp.

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Yes, you are right. I closely analysed some accounts, all have 15 sp. In my account as well, sp's subdivision is showing delegated and earned power. Earned power is gradually increasing while delegated one is decreasing. Thanks for letting me know. I shall remain grateful to you.

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One more weird thing i saw right now. Few hours before, i received around 200 steem and steem power. So, steem rose from 0 to 200(approx) and sp became 15.200, as it was 15 earlier. But when now i checked, steem is as it was, but sp again showing 15. So again where did it go??? Has my account been freezed at 15????

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