Did You Know You Can "Transfer" SP To Someone Else?

Me And Serendipity Are Like This

It's amazing how often I learn one thing while I'm looking at something else.

Case in point. I've been wondering about vast unused reservoirs of Steem Power (SP) on Steemit and how they all might affect the reward pool.

The Steemit account has the largest untapped pool of SP (44-plus million). It's been much higher than that, but the SP gets moved to other accounts for wherever Steemit Inc. might need it. From what I can tell, though, it's not used for upvoting or delegation of any kind.

Which means, along with several other Whale and Orca-sized accounts—I counted up to 14 which were not doing anything with their SP ranging from 341,000 to 2.2 million—the SP just sits there in between transfers.

(FYI—Between the 15 accounts, there's 56.5 million SP all together.

As I was perusing the Steemit account's wallet, I saw this:

There's two amounts totaling nearly 8 million SP transferred from Steemit to two other accounts. Not STEEM, not SBD, but SP.

I can't say I'd ever seen this before, or realized what I was seeing, so I decided to find out if this was something anyone could do, or something specific only to a corporate account.

As it turns out, anyone can do it. Here's how:

First off, you need to have some STEEM available. I know, we're talking about SP, but apparently the same process that we use to power up STEEM to SP is how you do it if you want to send SP to someone else.

So, you click on your available STEEM and go down to Power Up:

When you click on Power UP, here's the main part of the window you see:

But It Says Right There...

I know! But if you click on Advanced:

_{All images source—Steemit}

You can put in a recipient and send them powered up STEEM.

It's a matter of semantics, but even though they say you can't, it shows up designated as a SP transfer in the wallet.

I don't know how often the rest of us might use it, but I found it interesting nonetheless, in a convoluted kind of way.