You are viewing a single comment's thread from:
RE: Word Vomit: Another day, another d...ay
If you're referring to Steem Power I simply just don't have enough yet. We're currently in a financial slump, so I also have nothing to invest in Steem (at the moment). I'm hoping to someday have some good power though!
I'm referring to the post you resteemed, "Why Powering Up Is The Secret To Your Steemit Success: It Is Imperative!!!”
When you create a new post there's a box at the bottom that says Reward: Default 50%/50%. You can change that to Power Up 100%. It means you'll earn all Steemit Power rather than Steemit Power and SBD.
As for the article, I thought the term "powering up" was about the process of converting your sbd/steem into steem power. I wasn't aware the term also refers to the reward thing!
On that note though, I didn't understand that, so thank you. Currently I have just been converting all rewarded sdb into steemit power. I guess my only question on that note is this; is there a difference in return?
I have no idea which way is better. I've done it both ways. I keep saying I'm going to research it. But I haven't.
There is, there are articles to explain it more deeply, but since the SBD is worth more than the 1 USD amount it was originally supposed to be, so right now getting 50/50 and then converting to SP on the internal market will fetch you a larger reward to invest back to the platform.
That's what I'm starting to figure out, especially with the exchange down to .7 now.