Steem power question

in steemit •  8 years ago 

Say I bought 300 SP, but were then to immediately power down, would that go straight into my STEEM wallet, or would it take 2 years (as I read somewhere) ?

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It used to take 2 years (paid as 104 equal weekly payment of STEEM).

However, now it takes 13 weeks of equal payments. Starting one week after you clicked "power down," you'd receive slightly more than 23 STEEM each week, assuming you're powering down exactly 300 STEEM.

Thanks!

You'll get a little bit of STEEM into your wallet every week. It now takes a total of 3 months to power down (not 2 years).

Thanks a lot!