It isn't something that gets added. It happens through the STEEM/Mvest constantly increasing. SteemPower isn't actually something you have, it's a calculation of the current Steem value of the number of vests you hold. Right now, it's somewhere around 490 Steem/Mvest, and in a year it will be over 500, so the same number of vests will be worth more STEEM.
The more your steem power, the higher your share in the curation reward of any post you upvote. Which is also payed with steem and will be wutomatically to ur wallet
As I covered in episode 13, 15% of all new STEEM are split between everyone holding SteemPower in their accounts (based on how much they hold).
This is designed to help protect people's investments against the daily inflation of STEEM.
Ok. Thanks for the info. I guess there is no way to see when you receive some amount of steem power as interest. The value just gets added to your SP.
It isn't something that gets added. It happens through the STEEM/Mvest constantly increasing. SteemPower isn't actually something you have, it's a calculation of the current Steem value of the number of vests you hold. Right now, it's somewhere around 490 Steem/Mvest, and in a year it will be over 500, so the same number of vests will be worth more STEEM.
Got it. Thanks for the explanation.
The more your steem power, the higher your share in the curation reward of any post you upvote. Which is also payed with steem and will be wutomatically to ur wallet
This I know. The higher the steem power, the higher the curation rewards you get.