Before you can earn Steem currency, you need to know how Steem’s three cryptocurrencies work!
STEEM is the fundamental currency of the system. It’s volatile, subject to inflationary losses (its supply increases 100% per year) but also easily exchangeable for Bitcoin and other cryptocurrencies at BlockTrades, Bittrex and OpenLedger.
STEEM is an ownership token but is only votable when vested as the second currency — Steem Power — in a process called powering up.
STEEM can also be converted into Steem Dollars.