You are viewing a single comment's thread from:RE: Arsenic Lullaby - Casper- Steemians, Imma need some back up on thisView the full contextView the direct parentarseniclullaby (67)in #comics • 6 years ago so what does powering down steem powers mean?
.......
you know how upvotes generates value right? the more steem power an account have, the more value their upvotes give
so, steem powers are resources LOCKED inside the ecosystem
to power down, it takes 13 weeks to convert steem power back into STEEM
then from STEEM, you can convert it through to real world cash
Powering down means making the asset in a liquid position.
Powering UP means making the asset in a fixed position (within the ecosystem).