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RE: Steemit Newbie FAQ - Rewards: Were Does The Money Come From?

in #steemit7 years ago

Another question: If you power up, that's instant. If you power down, it takes 13 weeks, but you don't have to power down all the way, right? You can just power down some of your funds... and you can set a new amount to power down a second time within that 13 weeks? Can you stop a power down once the process has begun?

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When you start powering down, you will receive 1/13 of the amount you have when you start to power down, not more, not less, every week, until that amount is depleted. If you acquire more SP during this time it won't count towards that quota. You can stop the process anytime.

I see. So you can't power down an amount in any increment less than 1/13th of your total SP, correct?

Yes, but I made an official proposal for that a few days ago, check it out here: https://github.com/steemit/condenser/issues/1521. If you want to support it, leave a comment there, it will show that there is real demand for it.

Do you know the answer to my other question about what happens if a post receives more upvotes after 7 days?