Question on that... I can't get a specific answer... Is it that you can power down and then you get steem every week for 104 weeks(2 years)...... OR when you power down you wait 104 weeks(2 years) and get nothing every week for 104 weeks??
nope they can cash out every week!!! meaning that if they have 1.5 million power steem for example they can cash out 15.000 each week ..... but since the price is growing everyday the cash out every weak may change...
Thanks for the reply, that's what I thought. And just to be clear you meant 15,000 not 15.000 right? But actually would be 1,500,000/104=14,423.076923076
All they have to do is create a bunch of accounts, transfer the value between them, then set all of them to power down, which is exactly what's happening. There are multiple threads with evidence.
Question on that... I can't get a specific answer... Is it that you can power down and then you get steem every week for 104 weeks(2 years)...... OR when you power down you wait 104 weeks(2 years) and get nothing every week for 104 weeks??
nope they can cash out every week!!! meaning that if they have 1.5 million power steem for example they can cash out 15.000 each week ..... but since the price is growing everyday the cash out every weak may change...
Thanks for the reply, that's what I thought. And just to be clear you meant 15,000 not 15.000 right? But actually would be 1,500,000/104=14,423.076923076
All they have to do is create a bunch of accounts, transfer the value between them, then set all of them to power down, which is exactly what's happening. There are multiple threads with evidence.