Weekly Power up // Powering up 1000 Steem

in Steem Sri Lanka18 days ago

Hello to the community, I hope everyone is doing great!!

Well, it's been a while since I shared a power-up post, eventhough I regularly do the process. With the current condition of Steem Prices, I thought it might be good to have a small promotion once again.

Brown Vintage Illustrative Role of Art in Society Presentation (1).png

made by Canva

image.png

Well, we know powering up means converting our liquid steem to Steem Power. Just like we have a fixed deposit, it's an investment that helps in both ways. The process is not a big deal. So, let's see how it's done.

image.png

Power up process


  • Go to your wallet and log in with the posting key.
Before Power Up

  • Go to your wallet and log in with the posting key. As shown in the screenshot below, we can see our liquid steem, and amound of steem power.

image.png

  • There's a drop-down menu in front of the Steem balance, and you can see the power-up option there. Click it.

image.png

1000 STEEM POWER-UP

  • In the next window, type the amount you need to power up from the available balance, and use the active key to confirm it.

image.png

After Power Up

  • It doesn't take long to finalize the process.

image.png

Before Power Up - 1679.288 Steem, 38,591.378 SP
Amount Power up - 1000 Steem
After Power Up - 679.288 Steem, 39,591.378 SP

image.png

The importance of Power Up


Well, as I said, this is not just a process for fun. There are many important things in it.

  • To grow my account - Most of us begin from nothing here. As we create better content, we also need to strengthen our account. A higher level of Steem Power shows consistency and helps build a solid reputation in the community.

  • Greater voting power - More Steem Power means stronger votes. We can support others in a more meaningful way, and in return, we receive better curation rewards.

  • Delegation - We can delegate part of our Steem Power to help communities grow and keep them active.

  • Eligibility for opportunities - Roles such as curator, community moderator, usually require a certain amount of Steem Power.

  • Stronger influence in witness voting

  • To earn interest

STEEM POWER increases at an APR of approximately 2.75%, subject to blockchain variance. See FAQ for details.

So, I guess you get the idea!

asvcx3.png

Until the next time! Enjoy!

Thank you.
Best Regards!

Sort:  

Upvoted! Thank you for supporting witness @jswit.

Loading...
 17 days ago 

Thank you, @cymolan. appreciated!