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RE: BlockTrades adds ability to extend existing Steem Power delegations

in #blocktrades7 years ago (edited)

@blocktrades What does "The more funds you send, the longer the delegation will be extended." mean?

You earlier in the article explained that you could extend, for instance a 30 day delegation with a 30 day extension (thus saving 20% on the cost of the 30 day delegation..thus presumably basically getting 37 days for the cost of 30).

But then you said "The more funds you send, the longer the delegation will be extended."

?

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The 30 day extension was just an example for price comparison against a new delegation. You can extend for arbitrary amounts of time (for example 1 day to 1 year). It's pretty linear for extensions, so a 90 day extension costs 3 times as much as a 30 day extension. And a 15 day extension costs half of a 30 day extension. Our site provide an estimate for 30 day and 90 day extensions of the delegation as a base line (see the second picture on the post).

Ok so it's still buying x amount of time. 'The more you pay the more time you get' is the same thing technically, it just sounded weird to me. Thanks for clarifying.