RE: Steem: An In-Depth Overview! by steemitqa

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Viewing a response to: @teamsteem/steem-an-in-depth-overview

· @steemitqa ·
I wish someone would explain Powering Down more! There is like nothing on it!
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@teamsteem ·
The only thing Power down does is to change your Steem Power into Steem. Each week you'll receive 1/13th of your Steem Power into Steem. I'm not sure it was a question but I thought I'd clarify. Thank you for reading!
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@steemitqa ·
So 1/13th of it will arrive in Steem at the price that it is at currently that day? Thanks for the response!
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@teamsteem ·
Yup. The price doesn't matter. You'll Power down 130 Steem Power then each 7 day, 13 Steem will appear and 13 Steem Power will disappear from your wallet. This will continue for 13 weeks unless you stop powering down. Again, I'm happy to help!
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