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RE: Steemit Question: What is Delegated Steem Power?

in #steem8 years ago

When Steemit.com creates an account for a new user it delegates part of their voting power from one of their accounts. That way new users have a little bit more say while they build up their own funds. It's temporary but I am not sure how long it lasts.

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Mine, it only lasted for 6 days .

Mine seems to last until I reached a total of 15.00 steem on my own. The delegates steem will adjust and decrease so to keep a total of 15.00 in my wallet, when I go over 15.00 the delegated steem became 0.

The delegates steem amount is not adjusted in real-time, looks like there’s is a scheduled job, which means if I receive a payout, until that scheduled job usb run, I will have more than 15.00 steem power in total.

That was extremely helpful! Thank you for that tidbit of information. So basically we are in debt until we can pay off the steem that was loaned to us. So as a new user, if you purchase 15 steem you will still have only 15 steem because of the debt. (I hope I got that right)

That’s correct, at least based on my observation

Thank you this made it clear! I have 2.111 + 12.981 delegated so it ads up to 15.092 STEEM so this makes sense!

Yes you are totally right. After reaching total of 15 steem it will become zero
Thanks

Cool, thanks for the explanation!