Difference between revisions of "STEEM Power (SP)"

From Steem Center
Jump to: navigation, search
(@verodato)
(Links: @mahdiyari)
(8 intermediate revisions by 2 users not shown)
Line 15: Line 15:
 
==Links==
 
==Links==
  
* '''Steemit''' : https://www.steemit.com
+
* '''Steemit''' : https://www.steemit.com ''Retrieved in June 29, 2018''
 +
* '''[[Soliciting Power]]''' : https://solicitingpower.com ''A gallery of Steem projects worth supporting (with your delegations). Retrieved in June 29, 2018''
 
* '''@donkeypong''' : [https://steemit.com/steemit/@donkeypong/still-confused-by-steem-steem-dollars-and-steem-power-the-power-plant-analogy Still Confused by Steem, Steem Dollars, and Steem Power? The Power Plant Analogy] ''September 7, 2016''
 
* '''@donkeypong''' : [https://steemit.com/steemit/@donkeypong/still-confused-by-steem-steem-dollars-and-steem-power-the-power-plant-analogy Still Confused by Steem, Steem Dollars, and Steem Power? The Power Plant Analogy] ''September 7, 2016''
 
* '''@sigmajin''' : [https://steemit.com/interest/@sigmajin/understanding-the-steem-economic-system-vests-sbd-steem-dilution-interest-and-all-those-crazy-things Understanding the Steem Economic System Vests, SBD, Steem, Dilution interest and all those crazy things] ''August 2016''
 
* '''@sigmajin''' : [https://steemit.com/interest/@sigmajin/understanding-the-steem-economic-system-vests-sbd-steem-dilution-interest-and-all-those-crazy-things Understanding the Steem Economic System Vests, SBD, Steem, Dilution interest and all those crazy things] ''August 2016''
Line 34: Line 35:
 
* '''@phgnomo''' : [https://steemit.com/guide/@phgnomo/steem-economy-guide-part-1 Steem Economy Guide - Part 1] ''February 22, 2018''
 
* '''@phgnomo''' : [https://steemit.com/guide/@phgnomo/steem-economy-guide-part-1 Steem Economy Guide - Part 1] ''February 22, 2018''
 
* '''@davidpakman''' : [https://steemit.com/steemit/@davidpakman/how-to-power-up-sbd-to-steem-power How-To/Walkthrough/Tutorial: Power Up SBD to STEEM POWER] ''February 23, 2018''
 
* '''@davidpakman''' : [https://steemit.com/steemit/@davidpakman/how-to-power-up-sbd-to-steem-power How-To/Walkthrough/Tutorial: Power Up SBD to STEEM POWER] ''February 23, 2018''
 +
* '''@roelandp''' : [https://steemit.com/steem/@roelandp/introducing-solicitingpower-com-a-gallery-of-steem-projects-worth-supporting-with-your-delegations Introducing: SolicitingPower.com - a gallery of Steem projects worth supporting (with your delegations)] ''April 13, 2018''
 
* '''@quantalysus''' : [https://steemit.com/steem/@quantalysus/if-steem-were-a-country-it-would-be-the-most-unequal-society-in-the-world If Steem were a country, it would be the most unequal society in the world] ''May 4, 2018''
 
* '''@quantalysus''' : [https://steemit.com/steem/@quantalysus/if-steem-were-a-country-it-would-be-the-most-unequal-society-in-the-world If Steem were a country, it would be the most unequal society in the world] ''May 4, 2018''
 +
* '''@ontheverge''' : [https://steemit.com/busy/@ontheverge/now-you-can-get-sp-for-comments-new-steemit-update Now you can get SP for comments. New Steemit update] ''May 15, 2018''
 
* '''@verodato''' : [https://steemit.com/cryptocurrency/@verodato/delegations-measuring-and-tracking Delegations: measuring and tracking] ''June 5, 2018''
 
* '''@verodato''' : [https://steemit.com/cryptocurrency/@verodato/delegations-measuring-and-tracking Delegations: measuring and tracking] ''June 5, 2018''
 +
* '''@themarkymark''' : [https://steemit.com/steemit/@themarkymark/how-much-sp-in-tied-up-in-bid-bots How much SP is tied up in Bid Bots?] ''June 28, 2018''
 +
* '''@socky''' : [https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read Why is Steem Power Important? Beginners Read] ''June 30, 2018''
 +
* '''@digital.mine''' : [https://steemit.com/steem/@digital.mine/steem-power-delegation-the-crypto-investment-without-risk Steem Power delegation the crypto investment without risk!] ''November 27, 2018''
 +
* '''@steemitblog''' : [https://steemit.com/delegations/@steemitblog/delegation-issue Delegation Issue] ''August 28, 2019''
 +
* '''@mahdiyari''' : [https://steemit.com/steem/@mahdiyari/tutorial-how-to-power-down Tutorial - How to power down] ''March 6, 2020''
  
 
==Related articles==
 
==Related articles==
Line 58: Line 66:
 
==In other languages==
 
==In other languages==
  
 +
* [[Bahasa Indonesia]] (Indonesian) : [[Steem Power (id)]]
 
* [[日本語]] (Japanese) : [[STEEMパワー(SP)]]
 
* [[日本語]] (Japanese) : [[STEEMパワー(SP)]]
 
* [[Português]] (Portuguese) : [[STEEM Power (SP) (pt)]]
 
* [[Português]] (Portuguese) : [[STEEM Power (SP) (pt)]]

Revision as of 14:48, 6 March 2020

STEEM Power (SP) is STEEM (see STEEM_Tokens) that has been locked in, vested, meaning it can't be immediately withdrawn to spend.

STEEM Power is what gives you influence on Steemit.[1] The more SP you have, the more money you give to authors with an upvote as well as the greater the curation rewards you can earn. There is a very small 'interest' rate earned by holding STEEM Power.

Converting STEEM to SP is called powering up. This can be done by clicking the down arrow next to the STEEM in your wallet and selecting power up. 1 STEEM = 1 Steem Power when powered up.

To unlock SP and convert all or parts of it back to STEEM you have to start a "Power Down" process which moves 1/13th of the STEEM Power you want to power down back into Steem (which is spendable) per week over 13 weeks. So for example, if you have 1300 STEEM Power and power down all of it, you will have 100 Steem per week unlocked into something you can spend, trade, transfer or withdraw.

STEEM Power can also be delegated to other users. Delegated SP increases the influence of the receiving user to the same level as if he owned the STEEM Power himself. However, the delegator remains in full control of the delegated SP and can take back a delegation at any time. Delegated SP cannot be powered down, neither by the delegator nor by the receiver. When SP is undelegated, it immediately reduces the influence of the former receiving user, but takes 7 days until the SP is available again to the delegator.

References

  1. Steemit FAQ: What is the difference between STEEM, STEEM Power, and Steem Dollars? Retrieved in August 22nd, 2017

Links

Related articles

External links

In other languages




Help keep this wiki page updated. Register, click in edit, add or modify the text and save.
If you're already a steemian you can be rewarded with steem, see how in @steemcenterwiki.