Review on Delegation Power in Steemit

What are they?

What is Delegation?
Steems allows a user to delegate out Steems Power to other users. It essentially means you are letting someone borrow your Steems Power. If you get Steems delegated to you, it means your voting and curating power goes up by the amount you are delegated. If you are the one delegating out, then you lose that same amount of voting and curating power.
Does this make any sense?

1. Delegated SP are from a Donor who have excessive Steem Power , even low account can also contributing as well.
2. Can you lease from someone? The answer is yes.
3. Effectively, for votes made from the delegated, it would seem like they own the SP.
4. Are there any benefits from it. Yes, both a winner*.

*A person who leased may also loose some as well. ( not necessary to gain , if your rate leased is too high.)

A person who delegated SP can also earning fraction ( Rewards ) from their delegation, some plus Lease Fee.
Unless, someone that is generous willing to give them Free to you.

What is the Cost of Lease Delegation?


  • Some where, 1 Steem per 100 SP , depending on your negotiation.

How many Steems can be Generated from Delegation?


It depend on your usage.
  • 10,000 SP can generate approximately 1 steem per day.

How long it takes to Undelegate?


7 days

Disclaimer: Citation maybe needed, please do your own research
as this was experiment by myself.

Thanks for reading
Hope to see you soon in my post again. @bullionstackers

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