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RE: Why hold liquid STEEM or SBD when you could Power UP!

in #steemit7 years ago

Take a read through all my past articles about 90% of them are regarding "pro tips" and "best practices" for steem! Powering Up inVESTS your STEEM into a locked fund that you control. You must go through a 13 week process to get your STEEM back out. This process is called "Powering Down". When you begin Powering Down it takes 7 days before any STEEM POWER is converted back to STEEM and can be transferred or sold. You can also cancel this Power Down any time. This means if a hacker did access your account, STEEM and SBD that is liquid could be stolen but it would take them over 7 days to steal your Powered Up STEEM (POWER)!