This is how Power Down works. if you start a power down of a certain amount of steem power, then every week for 13 weeks starting exactly 1 week after you start the power down, 1 / 13 of your steem power turns into steem. Example, you power down 130 steem power on November 1st. On November 8th 13 of your steem power turns into steem, so you then have 117 steem power and 13 steem (plus any steem you already had). Next week another 13 steem power gets changed to steem and so on for 13 weeks.
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Thank you Kenny. Ok, going into "imprint" mode..
so when i see folks wallet and it says "Estimated Account Value" is that what they have total from day one in a dollar amount?
~ Connie 🖖
The Estimated Account Value is your Steem Power number multiplied by the average Steem Price over the last 3 days, plus your SBD number.
If you transfer SBD out to an exchange or another steemer, the number goes down. If you power down steem power and transfer out the steem, it goes down. If the price of steem goes down, it goes down. It goes up if the reverses happen, and with every reward you claim!