You are forgetting the main use case for Steem Power, that is to get resource credits to transact on the Steem chain, create accounts, etc.
There is more than only "upvotes" to Seem
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You are forgetting the main use case for Steem Power, that is to get resource credits to transact on the Steem chain, create accounts, etc.
There is more than only "upvotes" to Seem
True, but that was also true when the APR on lease was 14%. I'm trying to think why it's so high, are we in junk bond status?
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Actually it is around 20% for a long while. Now that Steem is cheaper it is cheaper for outsiders to lease Steem Power to have influence on the platform.