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RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 2/15/18

in #steem7 years ago (edited)

GJ, does or could the Steemit account powerdown have something to do with this shift in voting power?

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Voting Power is directly tied to Steem Power so yes, when one powers down, the amount of voting power also decreases.

It is the same with delegation. When on delegates a certain amount of SP to another, the sending accounts is reduced in terms of VP while the receiving account will increase by the same amount.

In this case, we arent talking about VP directly, although you are correct, it does tie in. This is just the MVest balance which ties into the votes. I believe the decline in Whale MVests was one powering down...