RE: More About the HUGE @steemit Power Down

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More About the HUGE @steemit Power Down

in steemit •  7 years ago 

Exit Scam??? Sorry if dumb question i'm new not really sure what powering down is.

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7 years ago by

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      ·  7 years ago 

    https://steemit.com/faq.html

    From the steemit.com FAQ:

    "Powering down - If you have STEEM Power, you can power down to turn it into liquid STEEM over a period of time. The system will transfer 1/13 of your STEEM Power to STEEM each week for about three months (13 weeks), starting 1 week from the time it is started. However, you will lose your influence in the network proportionally to how much is powered down, so think about it carefully. Power downs can be stopped at any time."

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

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