What is Powering Up and Powering Down?

2016-09-01 04:02

Powering Up - If you wish to gain more influence in the network, you need it increase your Steem Power. Powering Up is the process of turning your Steem into Steem Power.

Powering Down - If you have Steem Power, and wish to cash out, you can begin to Power Down. While powering down, the network has calculated your Vests, which are a stable measure of STEEM supply. The system will transfer 1/104 of your Steem Power, computed as Vests, to STEEM each week. One can continue to curate and earn curation rewards while powering down.

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