You are viewing a single comment's thread from:
RE: Contest | 25-Word Comment - Monkey Business | SP (Steem Power)
When I first came to Steemit, I was confused about a lot of things but the most confusing thing was how the currencies in Steemit work. There's Steem, Steem Power(SP) and Steem Dollars (SBD). The most confusing was the SP. I wondered what Steem Power does and what importance it has.
It took some time for me to understand that it's a measure of a user's influence on the platform. Users with more SP have influence on the disposition of rewards on posts.
I'm still new to the platform and have a lot to learn. What do you think about SP? @henryclive @deelyt @imohmitch
Thanks for the invite @bluelavender
I am also looking forward to learn more about those terms too.
Thank you for the invitation. I still have some grey areas regarding this subject. 😐
You can read here plus my reply to @bluelavender.
The link says the page doesn't exist...
SP is powered up Steem. If you didn't change your setting your rewards are set 50/50. 50% will be directly powered up and the othee 50?
You can look for more info about Steemit tooucs in the community ᔕᑕᗷ ᗰOᑎKEY ᗷᑌᔕIᑎEᔕᔕ
The more SP the higher your level and the higher the vote you give will be (see https://www.steemworld.org).
You can delegate SP to someone else or receive it. If you receive a delegation it isn't yours, it can be taken away and only hwlps to give higher upvotes temporary.
https://steemit.com/hive-152479/@hive-152479/who-benefits-if-a-prize-is-paid-in-sp