The 2 year power down is calculated based on your steem power not VEST but even assuming you meant out of VEST entirely after 2 years. Then you will still have a lot of steem power so you won't be able to get rid of all your steem power ever, they will always grow and so the price of steem will always go down. That was my point
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On the contrast, number of VESTS is the underlining/basic data. Another basic data is VESTS:STEEM conversion rate.
The Steem Power number shown on steemit.com is a derived data, which is calculated with a formula :
SP = VESTS * rate. It just has better looking.So when you have no VESTS, the number of SP will show zero.
All those voting / curation reward calculation are based on number of VESTS.
When you have not enough VESTS, you can't vote.
When you have no VESTS, you do nothing. Yes, nothing, can't post, can't transfer..
It's in the code.
Have you read the whitepaper? Link is here: https://steem.io/SteemWhitePaper.pdf