When logged into your account, you will see some drop-down arrows next to your balances. Next to the Steem balance, there should be an option to power down. It takes 13 weeks for the full amount, a one week wait for the first part of that.
RE: Still Confused by Steem, Steem Dollars, and Steem Power? The Power Plant Analogy
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Still Confused by Steem, Steem Dollars, and Steem Power? The Power Plant Analogy
Is it 13 for a certain amount or is it for amount? For instance if I make $100 do get ALL of it or do I get to only have a small percentage of it and the rest I get after 13 weeks. Seems like a long time to something you've earned. I don't know if this is worth it if that case.
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Your Steem Power is locked up, but can be powered down in 13 equal installments over that many weeks.
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Thanks for your reply and please do help out a newbie if you can and up vote.
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thx sir for your quick response
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I´m still not sure about it, however, I have learnt quite a bit. Thank you very much.
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Do you mean it takes 13 weeks for the full amount to be transferred to Steam dollars?
Is that to prevent people from all 'withdrawing' their money right away?
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