Weekly Power up // Powering up 500 Steem

in Steem Sri Lankayesterday

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

Well, it's frustrating to see the Steem Price is dropping badly along with the crypto currencies. Anyway, let's have some faith, eh? Here I am with another power-up! Well, it's been a few weeks 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 motivation for all once again.

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You know that Power Up is one of the most crucial and smart investments in Steemit. Here, we convert our liquid steem to its staked position. So, let's see the process and my contribution.

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Power up process


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

  • As shown in the screenshot below, we can see our liquid steem and the amount of steem power.

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

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500 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.

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After Power Up

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

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Before Power Up - 766.662 Steem, 43,633.572 SP
Amount Power up - 500 Steem
After Power Up - 266.662 Steem, 44,133.572 SP

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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 2.59%, subject to blockchain variance. See FAQ for details.

So, I guess you get the idea!

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Until the next time! Enjoy!

Thank you.
Best Regards!

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