I'm kinda curious that what is the purpose of Steem, Steem power and Steem dollar? What's the use of it ? Can anyone kindly help me explain? Please and thank you.
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Thank you!
Hello there, steem dollar is meant to be a token that peg with USD, so each steem dollar is supposed to be $1 each. You need to convert steem dollar into steem before converting to steem power. Steem power is like the equity of steemit, the more steem power, the more influential you are in steemit.
Thank you for telling me. Thank you 😊
Thanks for the clarification!
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I'm so glad I saw this post - I have been trying to really wrap my brain around all of this still too - it doesn't feel like it quite has clicked yet. I am going to have to keep an eye on this post - thank you for helping me learn something new :)
I looks like we two need the same help. Thank you for keeping eye on my post. You helped me learn new things things on your post too.