@gomatthew
While your article has helped me feel less confused about finding out how delegation cancellation works (thanks for that) I still do not understand what "you have to wait 7 days for all the swagger to return to your account" means.
On the smart steem delegation post they write "your SP will be stuck for seven days".
What exactly does this mean?
Does it mean that after I cancel my delegation, another 7 days will be passing WITH delegation until I get it back....
Or are you telling me that I effectively destroy my delegated SP in those 7 days - being neither in my account to help my voting power NOR in the old delegation earning me interest?
Cause if that were the case then it would change the delegation-appeal for me completely.
say I were to delegate 50.000 SP of my 50.000 SP (hahaha if I ever get that much this life ;) for - say - 4 weeks. But then I decide to get it back and cancel my delegation. Would that mean my VP for that one week would effectively be Zero in my account? Having thereby cut myself off from earning anything in those 7 days? One week is a lot considering the weeks of a year, you know?
I am quite puzzled and thought I'd ask ya because of your detailed article and your tech-savyness. Hope that's alright with ya ;)
That is correct. Not very appealing if you're tight on SP
hehe thanks! I recently got my SP delegation back of that one week where it wasn't used for anything. Really makes me wonder if I ever want to delegate agian in the near future ;)
as you said, probably when I got more SP.