create account

Understanding STEEM POWER and How to Power Down Your STEEM by cryptos

View this thread on: hive.blogpeakd.comecency.com
· @cryptos ·
$0.04
Understanding STEEM POWER and How to Power Down Your STEEM
<center>![steem](http://oi67.tinypic.com/2n1f7yq.jpg)</center>

Being an active part of the steemit.com community means you will be earning **Steem Power** and **Steem Dollars** for successful posts and **Steem Power** for your voting of other good stories. This essentially increases your influence thanks to the further increase of the **Steem Power** you are holding as well as allows you to easily cash out by selling the accumulated **Steem Dollars**.

But the accumulated **Steem Power** can also be turned out to regular **STEEM** tokens via a process called **Powering Down**. This part however is not very well explained and can be confusing for new users and probably even more advanced ones are not completely aware of how that actually works if they have not yet tried it themselves to discover it by experience.

The explanation is that when you **Power Down** your **Steem Power** says that it will require 2 years and 104 payments to convert back to **STEEM** tokens, but how exactly this works is not explained very well.

What the above actually means is that once you initiate a **Power Down** you will start receiving 1/104th of your **Steem Power** in the form of **STEEM** tokens each week until you have withdrawn all of your tokens or you manually cancel the power down process, so you can actually withdraw **STEEM**, but it is a slow process and is divided in small parts.


<center><br>![steem2](http://oi64.tinypic.com/2hofla8.jpg)</center>

- To initiate a **Power Down** of your existing **STEEM POWER** you need to go to your steemit.com Profile page and navigate to the **Wallet** section.

- Click on the **STEEM** tokens on the right of your **STEEM POWER** balance and select the option **Power Down**.

- You may be required to relogin as a means of confirmation to initiate the action.

- At any time you decide you want to stop the Power Down you can click there again and just select the **Cancel Power Down** option that will appear.


Here is an example of how things should work, let us say you have **104 STEEM** tokens in the form of **Steem Power** and you initiate a **Power Down**. In exactly 1 week you should receive the first of the 104 payments that should be **1 STEEM**, after another week you will receive 1 more token and so on every week for the next 2 years.

You can of course cancel the **Power Down** the same way you have enabled it and can restart the process again at any time you wish to. If you cancel it before even 1 week passes, then you will not receive anything, if you cancel it after 1 week and you have received **STEEM** token(s) you can keep them even if you cancel the power down. If you restart the **Power Down** a any time it will start from the beginning, dividing your current **Steem Power** balance to 104 equal payments and executing one each week.

If you manage to accumulate a lot of **STEEM POWER** thanks to being a great steemit.com content contributor thank with the help of the **Power Down** option you will be able to convert some of that power to **STEEM** tokens that you can transfer to other users or sell on a crypto exchange etc. Transferring all of your **STEEM POWER** at once is however not possible at this moment, probably as a safeguard set in place to sustain the steemit ecosystem long term.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 39 others
properties (23)
authorcryptos
permlinkunderstanding-steem-power-and-how-to-power-down-your-steem
categoryguide
json_metadata{"tags":["guide","steem-power","power-down","steem-tokens","new-users"],"image":["http://oi67.tinypic.com/2n1f7yq.jpg","http://oi64.tinypic.com/2hofla8.jpg"]}
created2016-07-30 17:12:03
last_update2016-07-30 17:12:03
depth0
children38
last_payout2016-08-30 05:19:03
cashout_time1969-12-31 23:59:59
total_payout_value0.038 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length3,298
author_reputation46,134,267,491,665
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id492,735
net_rshares30,608,225,895
author_curate_reward""
vote details (103)
@awuahbenjamin ·
Of all the articles i've read concerning power down..i think this is the best of all.Thank you
properties (22)
authorawuahbenjamin
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180220t002017408z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-02-20 00:19:54
last_update2018-02-20 00:19:54
depth1
children0
last_payout2018-02-27 00:19:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length94
author_reputation66,577,198,253,969
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id38,917,757
net_rshares0
@azzurra92 ·
Finally I understood what is power down! Thank you!
👍  
properties (23)
authorazzurra92
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170421t182413603z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-04-21 18:24:12
last_update2017-04-21 18:24:12
depth1
children0
last_payout2017-04-28 18:24:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length51
author_reputation10,369,237,012,188
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id3,074,690
net_rshares4,653,787,359
author_curate_reward""
vote details (1)
@branimir.mihalic ·
Thank you for info. How to convert Steem Power to money?
properties (22)
authorbranimir.mihalic
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180125t180713558z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-01-25 18:07:12
last_update2018-01-25 18:07:12
depth1
children0
last_payout2018-02-01 18:07:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length56
author_reputation14,879,082,708
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id32,261,130
net_rshares0
@cheapogroovo ·
This way steemit can go away before you collect all your earnings. Pretty smart since I see no real monetization of this site!
👍  
properties (23)
authorcheapogroovo
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170607t220910547z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-06-07 22:09:18
last_update2017-06-07 22:09:18
depth1
children5
last_payout2017-06-14 22:09:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length126
author_reputation1,793,962,777,115
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,364,728
net_rshares0
author_curate_reward""
vote details (1)
@robertgenito ·
$1.48
is the monetization any different than the Federal Reserve of the USA printing magical money in the 1920's, and then hiring you to clean up dirt from the streets in exchange for said magical monies? Then you can use those magic monies to trade with other Americans! :D
👍  , , , , , , , ,
properties (23)
authorrobertgenito
permlinkre-cheapogroovo-re-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170622t034118459z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-06-22 03:41:18
last_update2017-06-22 03:41:18
depth2
children0
last_payout2017-06-29 03:41:18
cashout_time1969-12-31 23:59:59
total_payout_value1.479 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length268
author_reputation7,257,911,690,980
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,581,606
net_rshares110,926,747,873
author_curate_reward""
vote details (9)
@thecopypasta ·
$0.08
This is an old thread, they changed it to 3 months:

https://steemit.com/steem/@beanz/powering-down-going-from-104-weeks-down-to-13-options-to-power-down-slow-and-other-ideas
👍  , , ,
properties (23)
authorthecopypasta
permlinkre-cheapogroovo-re-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20171130t093629840z
categoryguide
json_metadata{"tags":["guide"],"links":["https://steemit.com/steem/@beanz/powering-down-going-from-104-weeks-down-to-13-options-to-power-down-slow-and-other-ideas"],"app":"steemit/0.1"}
created2017-11-30 09:36:30
last_update2017-11-30 09:36:30
depth2
children3
last_payout2017-12-07 09:36:30
cashout_time1969-12-31 23:59:59
total_payout_value0.078 HBD
curator_payout_value0.002 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length174
author_reputation44,315,393,923
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id21,975,645
net_rshares26,905,755,385
author_curate_reward""
vote details (4)
@cryptoblaze ·
$0.13
is this what it is now? 3 months? because i'm seeing on mine that it says the same (2 years,104 payments)
👍  
properties (23)
authorcryptoblaze
permlinkre-thecopypasta-re-cheapogroovo-re-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180111t062039956z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-01-11 06:20:39
last_update2018-01-11 06:20:39
depth3
children1
last_payout2018-01-18 06:20:39
cashout_time1969-12-31 23:59:59
total_payout_value0.100 HBD
curator_payout_value0.030 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length105
author_reputation261,976,642,995
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id28,678,032
net_rshares15,932,654,873
author_curate_reward""
vote details (1)
@scubadiver ·
$0.15
Thanks for the link I was hesitant to power up reading that it would take 2 years to power down. I like the 3 month option better and plan to power up as often as I can! Fairly new here but I'm in for the long haul!
👍  
properties (23)
authorscubadiver
permlinkre-thecopypasta-re-cheapogroovo-re-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180118t232410020z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-01-18 23:25:42
last_update2018-01-18 23:25:42
depth3
children0
last_payout2018-01-25 23:25:42
cashout_time1969-12-31 23:59:59
total_payout_value0.112 HBD
curator_payout_value0.034 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length215
author_reputation11,813,939,337
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id30,499,665
net_rshares17,961,739,213
author_curate_reward""
vote details (1)
@dawnformento12 ·
thanks for this post!it helps a lot for someone new on steemit!
properties (22)
authordawnformento12
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180729t060358588z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-07-29 06:03:33
last_update2018-07-29 06:03:33
depth1
children0
last_payout2018-08-05 06:03:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length63
author_reputation4,919,044,741
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id66,356,338
net_rshares0
@dominikboecker ·
Simply explained, thanks for this.
properties (22)
authordominikboecker
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170615t093049263z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-06-15 09:30:48
last_update2017-06-15 09:30:48
depth1
children0
last_payout2017-06-22 09:30:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length34
author_reputation1,162,499,213,359
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,905,678
net_rshares0
@fechaugger ·
This  article is very helpful for me as a new user.
properties (22)
authorfechaugger
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170614t152310083z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-06-14 15:23:09
last_update2017-06-14 15:23:09
depth1
children0
last_payout2017-06-21 15:23:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length51
author_reputation441,891,585,749
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,834,442
net_rshares0
@gorland ·
I'm brand new to this platform, thank for the clarity in your explanation; very thorough and easily understood
properties (22)
authorgorland
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180817t021847975z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-08-17 02:19:03
last_update2018-08-17 02:19:03
depth1
children0
last_payout2018-08-24 02:19:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length110
author_reputation13,308,299,881
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id68,449,392
net_rshares0
@isaac.asimov ·
Flesch Kincaid Grade Level
Hi! This post has a <a href="https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests">Flesch-Kincaid</a> grade level of 11.9 and reading ease of 67%. This puts the writing level on par with Michael Crichton and Mitt Romney.
👎  , ,
properties (23)
authorisaac.asimov
permlinkre-understanding-steem-power-and-how-to-power-down-your-steem-20160730t171440
categoryguide
json_metadata""
created2016-07-30 17:14:42
last_update2016-07-30 17:14:42
depth1
children0
last_payout2016-08-30 05:19:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length238
author_reputation-982,572,424,326
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id492,818
net_rshares-21,977,903,195
author_curate_reward""
vote details (3)
@joujou666 ·
Keep up the great work @cryptos 
 Upvoted 
👍  
properties (23)
authorjoujou666
permlinkunderstanding-steem-power-and-how-to-power-down-your-steem
categoryguide
json_metadata""
created2016-07-30 17:12:39
last_update2016-07-30 17:12:39
depth1
children0
last_payout2016-08-30 05:19:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length42
author_reputation-675,488,625,034
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id492,760
net_rshares0
author_curate_reward""
vote details (1)
@junior888 ·
perfect!! congratulations
properties (22)
authorjunior888
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20160818t083045592z
categoryguide
json_metadata{"tags":["guide"]}
created2016-08-18 08:30:45
last_update2016-08-18 08:30:45
depth1
children0
last_payout2016-08-30 05:19:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length25
author_reputation405,528,394
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id867,524
net_rshares0
@kimmydee2 ·
Thanks! You made this very easy to understand!
properties (22)
authorkimmydee2
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170823t165841701z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-08-23 16:58:42
last_update2017-08-23 16:58:42
depth1
children0
last_payout2017-08-30 16:58:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length46
author_reputation258,302,893,777
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id12,656,110
net_rshares0
@mfarinato ·
excellent guide, simple and complete :) thank you
properties (22)
authormfarinato
permlinkq4909f
categoryguide
json_metadata{"app":"steemit/0.1"}
created2020-01-17 11:08:03
last_update2020-01-17 11:08:03
depth1
children0
last_payout2020-01-24 11:08:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length49
author_reputation50,888,107,769,854
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id94,478,554
net_rshares0
@oopgamesandhobby ·
I see, makes sense. Would it not be better for the website to add additional power downs for "x" amount? lets say you power down every week because your huge on this site. so by your 4th power down your not getting an average, your getting the total of you first 3 power downs. week 54, would would be getting 53 "so to speak little payments combined" Just a thought
properties (22)
authoroopgamesandhobby
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20171210t100424611z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-12-10 10:04:24
last_update2017-12-10 10:04:24
depth1
children0
last_payout2017-12-17 10:04:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length366
author_reputation127,115,832,789
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id22,977,481
net_rshares0
@paulfitzpatrick ·
Thank you. This was very helpful.
properties (22)
authorpaulfitzpatrick
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180128t222712762z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-01-28 22:32:36
last_update2018-01-28 22:32:36
depth1
children0
last_payout2018-02-04 22:32:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length33
author_reputation3,546,922,081
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id33,118,180
net_rshares0
@peterbrown ·
Why must it take 2 years?
properties (22)
authorpeterbrown
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170816t004424871z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-08-16 00:44:24
last_update2017-08-16 00:44:24
depth1
children0
last_payout2017-08-23 00:44:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length25
author_reputation24,651,064,130
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id11,931,855
net_rshares0
@pickoum ·
thank's! Steem is not really easy for newbies
👍  ,
properties (23)
authorpickoum
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20160825t022627201z
categoryguide
json_metadata{"tags":["guide"]}
created2016-08-25 02:26:33
last_update2016-08-25 02:26:33
depth1
children0
last_payout2016-08-30 05:19:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length45
author_reputation33,443,267,214,931
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id976,666
net_rshares16,601,674,302
author_curate_reward""
vote details (2)
@pr3ttyp3rf3ct ·
Great article
properties (22)
authorpr3ttyp3rf3ct
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20160730t172742875z
categoryguide
json_metadata{"tags":["guide"]}
created2016-07-30 17:27:42
last_update2016-07-30 17:27:42
depth1
children0
last_payout2016-08-30 05:19:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length13
author_reputation276,109,410,016
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id493,100
net_rshares0
@preserveddragons ·
Brilliant post. Exactly what I came to learn about and now I leave with crystal clear understanding of steem power.
properties (22)
authorpreserveddragons
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170829t023217054z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-08-29 02:32:18
last_update2017-08-29 02:32:18
depth1
children0
last_payout2017-09-05 02:32:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length115
author_reputation2,983,261,711,421
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id13,184,727
net_rshares0
@radub ·
Thanks! I finally understand how seemit works now!
👍  ,
properties (23)
authorradub
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20160730t185931985z
categoryguide
json_metadata{"tags":["guide"]}
created2016-07-30 18:59:30
last_update2016-07-30 18:59:30
depth1
children0
last_payout2016-08-30 05:19:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length50
author_reputation2,880,824,125
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id495,199
net_rshares0
author_curate_reward""
vote details (2)
@redamazon · (edited)
Thanks so much for clarifying that! I am a new steemer and had no idea how the power down worked.  Great post you have here, upvoted!
👍  ,
properties (23)
authorredamazon
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170814t045443398z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-08-14 04:54:42
last_update2017-08-14 04:55:30
depth1
children0
last_payout2017-08-21 04:54:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length133
author_reputation34,466,830,448
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id11,747,913
net_rshares461,542,400
author_curate_reward""
vote details (2)
@secsi ·
This should be pinned somewhere, much easier to understand!
properties (22)
authorsecsi
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180215t221415964z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-02-15 22:14:54
last_update2018-02-15 22:14:54
depth1
children0
last_payout2018-02-22 22:14:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length59
author_reputation40,467,933,249
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id37,847,931
net_rshares0
@starkerz ·
@cryptos, how does this calculation take the 90% interest per annum into account? Or does that stay in additional to the outward payments of your origional investments? thanks!
properties (22)
authorstarkerz
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170418t025741501z
categoryguide
json_metadata{"tags":["guide"],"users":["cryptos"],"app":"steemit/0.1"}
created2017-04-18 02:57:39
last_update2017-04-18 02:57:39
depth1
children5
last_payout2017-04-25 02:57:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length176
author_reputation104,089,500,473,858
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id3,039,692
net_rshares0
@robertgenito ·
steemit's interest is 90% per annum? @.@
👍  
properties (23)
authorrobertgenito
permlinkre-starkerz-re-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170622t033952163z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-06-22 03:39:51
last_update2017-06-22 03:39:51
depth2
children4
last_payout2017-06-29 03:39:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length40
author_reputation7,257,911,690,980
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,581,473
net_rshares237,945,054
author_curate_reward""
vote details (1)
@starkerz ·
$0.02
No, not any more.  it is now 2% for steem power holders.  and about 9% for steem overall (7% is what is paid to content creators and curators and 2% for steempower).  when the interest rate was 90% the steem price was going down so the community decided to vote to change it to 9%, which seems to have worked in terms of stabilising the price.
👍  
properties (23)
authorstarkerz
permlinkre-robertgenito-re-starkerz-re-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170622t084606161z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-06-22 08:46:06
last_update2017-06-22 08:46:06
depth3
children3
last_payout2017-06-29 08:46:06
cashout_time1969-12-31 23:59:59
total_payout_value0.016 HBD
curator_payout_value0.005 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length343
author_reputation104,089,500,473,858
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,604,944
net_rshares1,771,486,362
author_curate_reward""
vote details (1)
@suzique ·
Thanks @cryptos for this great informative article. I have a better general understanding now of what it means to power down.
properties (22)
authorsuzique
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170520t190046979z
categoryguide
json_metadata{"tags":["guide"],"users":["cryptos"],"app":"steemit/0.1"}
created2017-05-20 19:00:45
last_update2017-05-20 19:00:45
depth1
children0
last_payout2017-05-27 19:00:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length125
author_reputation536,308,575,613
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id3,607,237
net_rshares0
@tfpostman ·
Hi there I believe this has changed to 13 installments over 3 months? Please correct me if I am wrong.
👍  
properties (23)
authortfpostman
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170813t055211130z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-08-13 05:52:12
last_update2017-08-13 05:52:12
depth1
children1
last_payout2017-08-20 05:52:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length102
author_reputation48,474,751,589
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id11,661,669
net_rshares0
author_curate_reward""
vote details (1)
@thecopypasta ·
Yes, this is true:

https://steemit.com/steem/@beanz/powering-down-going-from-104-weeks-down-to-13-options-to-power-down-slow-and-other-ideas
properties (22)
authorthecopypasta
permlinkre-tfpostman-re-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20171130t093549212z
categoryguide
json_metadata{"tags":["guide"],"links":["https://steemit.com/steem/@beanz/powering-down-going-from-104-weeks-down-to-13-options-to-power-down-slow-and-other-ideas"],"app":"steemit/0.1"}
created2017-11-30 09:35:51
last_update2017-11-30 09:35:51
depth2
children0
last_payout2017-12-07 09:35:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length141
author_reputation44,315,393,923
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id21,975,591
net_rshares0
@trinumedia ·
# Thank you. 
This kind of simple, to the point answer was the most clear that I found. Thank you again. 

I feel like there needs some kind of training or tutorial site to know how to use Steemit right! Keep up the great posts...
properties (22)
authortrinumedia
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20180212t011407620z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2018-02-12 01:14:09
last_update2018-02-12 01:14:09
depth1
children0
last_payout2018-02-19 01:14:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length230
author_reputation12,161,019,832,263
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id36,799,418
net_rshares0
@xyndigital ·
Brilliant, and I feel that if you mean to earn STEEM and a small cap, you will use the ecosystem to the 104th degree. Amazing and so real.
properties (22)
authorxyndigital
permlinkre-cryptos-understanding-steem-power-and-how-to-power-down-your-steem-20170621t220734384z
categoryguide
json_metadata{"tags":["guide"],"app":"steemit/0.1"}
created2017-06-21 22:07:36
last_update2017-06-21 22:07:36
depth1
children0
last_payout2017-06-28 22:07:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length138
author_reputation1,266,527,563
root_title"Understanding STEEM POWER and How to Power Down Your STEEM"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,552,285
net_rshares0