What Does It Mean To Delegate Steem Power?
If you have a new Steemit account, you might have noticed that there is a number in parentheses below your Steem Power balance that looks like this: (+14.909 STEEM). This represents STEEM that is delegated to you, and it’s one of the coolest features of the Steem platform.
When you delegate Steem Power to someone, you’re basically letting them borrow the influence that it generates. Their upvote will be calculated as if the Steem Power was their own, but they won’t have the ability to power it down or cash it out.
Delegating Steem Power is great because it allows the owner to support other Steem accounts. A great example is the huge Steem Power delegation that has, which gives them the ability to hand out big upvotes and help the platform grow.
So now if you hear about delegated Steem Power, you’ll know what it means. 😀
Thanks for watching, and please let me know in the comments if you have any questions!
Music by Chillhop: http://youtube.com/chillhopdotcom
Globuldub - Foreign Exchange: https://soundcloud.com/globuldub/foreign-exchange
▶️ DTube
▶️ IPFS
Leave What Does It Mean To Delegate Steem Power? to:
Read more #steem posts
Best Posts From Jeff
We have not curated any of jeffbernst's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Jeff
- Simplefol.io: A Simple Cryptocurrency Portfolio App
- The Creative Crypto - Now Live!
- 4 Months of Steem in Review
- Course Blocks - Create & Enroll in Courses, Plus Track Your Progress
- Course Blocks - User Authentication & Restructure Code
- Creative Crypto - Markdown, Responsive Design & New Theme
- 3 Months of Steem in Review
- Twitter Auth Server - A Simple Express Server For Twitter API Authentication
- Creative Crypto - Single Post Route, Price Tickers & Updated Formatting
- How Is The Value of a Post Calculated?
- What Is Voting Power?
- What Are The Choices For Post Rewards?
- Let's Remove The 7 Day Payout Window
- Creative Crypto - First Commit & Initial Styling
- What Does It Mean To Delegate Steem Power?
- What Is The Steem Reputation Score?
- What Are Curation Rewards?
- How Do Upvotes Work? When I Upvote Someone Does It Give Them My STEEM?
- What’s The Difference Between STEEM, SBD & SP?
- Steem is a Game & We’re Mining Upvotes