RULES OF QUIZ 4
- Give your answer within 24 hours starting from the time this quiz is posted (any answers after 24 hours will be ignored)
- Upvote this post
- Drop a comment with the correct answer
- Users who upvote and comment the correct answer within 24 hours will receive the SBD prize at payout of this post
WHAT IS A VEST ON THE STEEMIT PLATFORM?
Quiz time starts: 09:00 (GMT+1)
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STOPA vest is the unit of measurement of steem power
I believe a vest represents a percentage ownership of the steemit-world, just like real world stocks. It was probably derived from the word "invest"!
For me, As i far as I can understand, vest on the steem platform are steem power funds :)
Resteemed and upvoted :)
Vests are shares in the Steem Power Fund. If a user takes no action on the Steemit Platform, his/her shares will remain static in quantity, just like shares in a financial fund. Also, like shares in a financial fund, the underlying asset base can change with new investor’s joining, other investors leaving, or fund performance being good, but non of these action change the amount of shares you hold in that fund… (source : @hisnameisolllie)
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STOP