Steem Vs STEEM power
This is t
he #1 thing that confuses new Steemit entrepreneurs. And if you get it wrong, you’ll leave a lot of money + votes on the table.
Let’s break it down in plain English 👇
THE 60-SECOND DIFFERENCE
STEEM****STEEM POWER (SP)
What it isLiquid crypto coin"Staked" STEEM. Locked up.
Can you sell it?Yes. Instantly to USDT/NairaNo. Must "power down" for 13 weeks
What it doesMoney in your walletVoting power + Influence + Earnings
AnalogyCash in your handShares in Steemit company
1 STEEM = 1 STEEM POWER when you "power up". But they behave totally different.
10 THINGS ENTREPRENEURS NEED TO KNOW
1. STEEM = Your Business Cashflow
This is what you withdraw. Pay for data, pay rent, buy food.
Entrepreneur rule: Keep 20-30% of earnings as STEEM for expenses. Don’t power up 100%.
2. STEEM POWER = Your Business Influence
SP is what makes your vote big. And what makes OTHER people’s votes on YOU big.
More SP = More money when people upvote you.
Entrepreneur rule: SP is your marketing budget. The more you have, the farther your post reaches.
3. Voting Power Comes From SP
If you have 10 SP, your upvote might be $0.01.
If you have 10,000 SP, your upvote might be $5.00.
So whales with big SP chase other accounts with big SP. That’s how you get 2000+ vote posts.
4. Curation Rewards = Passive Income
When you use SP to upvote good posts early, Steemit pays YOU STEEM.
This is "dividends" for entrepreneurs. You’re investing your influence.
Big accounts earn $50-$500/month just from curating.
5. Power Down = 13 Week Jail
If you convert SP back to STEEM, it takes 13 weeks. 1/13th comes every week.
Entrepreneur rule: Only power down if you truly need cash. Otherwise you kill your growth.
6. Delegation = Borrowing Influence
You can "delegate" SP to someone and they use it to vote.
Some entrepreneurs delegate to friends to help each other’s posts blow up.
Be careful: Don’t delegate to scammers.
7. Growth Strategy: The 50/50 Rule
Most successful Steemit entrepreneurs do this:
50% Power Up. 50% Keep as STEEM.
Power up to grow influence. Keep liquid to survive and reinvest in business.
8. SP = Credibility
When a whale sees you have 5000 SP, they think "this person is serious".
When you have 5 SP, they think "drive-by poster".
SP is your business reputation on-chain.
9. Don’t Chase STEEM Price Only
Newbies sell all STEEM when price pumps.
Smart entrepreneurs: Power up during bear, sell a little during bull.
Your SP grows even when STEEM price is down.
10. The Compound Effect
$10 of STEEM spent today = gone tomorrow.
$10 of SP powered up today = earns you more votes, more followers, more money for 2 years.
That’s how accounts go from 0 to 2000 votes per post.
SO WHAT SHOULD YOU DO AS AN ENTREPRENEUR?
Month 1-3: Survival Mode
Keep 70% as STEEM. Pay for data, tools, survive. Power up 30%.
Month 4-12: Growth Mode
Keep 40% as STEEM. Power up 60%. Build your influence.
Year 2+: Authority Mode
Keep 20% as STEEM. Power up 80%. Now your votes alone can make you $200-$1000 per post.