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RE: Understanding your Steemit wallet & Powering up

in #steemgreet5 years ago

What is the relationship between steem and SP? I can't recall how much I had in SBD exactly, around $10, and I bought steem with it and powered it up. Now I have an account which has a much different value than it did, like 5x as much. Am I misremembering something or is powered up steem worth a lot more than SP, or something completely different?

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So Steem power is what you have powered up or locked away

Steem is Liquid which is not locked up and can be sent/traded or exchanged for other cypto

The value of our Accounts is based on both Steem and Steem power relative to the 7 day rolling average of the steem price.

Hope this makes sense

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