VESTS (on Steemd.com) are the raw/internal voting weight (influence) tokens. It's a stable number. But the amount of STEEM per VESTS is steadily increasing. Currently 1M VESTS is worth nearly 200 STEEM. Eventually it will be 500, 1000, and so on. (Originally VESTS weren't measured in millions, but there was a 1:1M split due to potential technical issues.)
STEEM POWER at Steemit is your VESTS * steem_per_vests. You can see the current steem_per_vests value here: https://steemd.com/ on the upper right-hand side.
Personally, I think Steemit's definition of STEEM POWER is confusing because it's always a large number and growing. I think STEEM POWER (SP) should just be shorthand for 1 million VESTS and it would produce stable & reasonable numbers like you see on the "distribution" report.
https://steemd.com/@tshering-tamang -- 9.02M Vests, a superuser, just shy of Hero status
Cool!!!
Edit : The number of vests at Steemd and the number of Steem Power at Steemit is different, How much SP is How much vests or vice versa?
VESTS (on Steemd.com) are the raw/internal voting weight (influence) tokens. It's a stable number. But the amount of STEEM per VESTS is steadily increasing. Currently 1M VESTS is worth nearly 200 STEEM. Eventually it will be 500, 1000, and so on. (Originally VESTS weren't measured in millions, but there was a 1:1M split due to potential technical issues.)
STEEM POWER at Steemit is your
VESTS * steem_per_vests. You can see the currentsteem_per_vestsvalue here: https://steemd.com/ on the upper right-hand side.Personally, I think Steemit's definition of STEEM POWER is confusing because it's always a large number and growing. I think STEEM POWER (SP) should just be shorthand for 1 million VESTS and it would produce stable & reasonable numbers like you see on the "distribution" report.