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RE: @tipU Investors Report 08.05.2018: New Features Overview, New Delegations

in #steemit • 7 years ago (edited)

It's basically lending your STEEM POWER to someone else :) Check out this post:
https://steemit.com/steemit/@liberosist/a-brief-guide-to-delegating-steem-power

The cool part is that even that you're lending the SP, you still have full control over it and you can un-lend it anytime you want. There is no way that someone can steal it from you or do any other harm to your steem account.

7 years ago in #steemit by
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     7 years ago  

    Thank you @cardboard. Still looks terribly confusing. Just reading through that post makes my head swim. (No minnow pun intended.) LOL Do you have to have Whale status to delegate?

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       7 years ago  

      Nope, you can delegate even 0.001 SP - this still will be tracked by @tipU.
      Delegaing around 1 SP should be enough for daily payouts :)

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