I have seen you post this before. can you explain how it works. I have steem if I convert to steempower does that mean I no longer have steem? TIA
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I have seen you post this before. can you explain how it works. I have steem if I convert to steempower does that mean I no longer have steem? TIA
You'll still be able to turn your steempower back into steem, but it will take 2 years to get all of it back out (they split the payment up into 104 parts). It is not very liquid. The pro is you do earn a very small interest rate on steempower.
This is actually only 13 weeks, not 104. Was changed several hard forks ago.
jfc, I'm glad. 2 years was so unreasonable. Thanks for the correction.