VESTING | STEEM POWER | CLUB5050 | POWERING UP

When you have bought stocks of any company in the financial market, the stocks are waited in the vesting period. This is where, even though you have purchased the stocks but you have to wait for some time to be able to have control over these assets. This motivates people to be a part of the company for a longer period of time and it makes the company stronger as well.

In the crypto world, vesting is a token of commitment from the users to the project. We know that there is an indefinite amount of volatility in the crypto market. The stability of the project sometimes gets at stake if only a few private entities hoard up the token in ICOs. If there is no vesting in the crypto projects, there's a possibility that some private bodies might be able to control a large amount of assets which in turn will create fluctuations in the supply and that will drastically affect the coin's price and the whole ecosystem of that project as well. Vesting works to avoid these sort of situations as it allows the token to be appropriately Distributed.

Vesting gives stability and protection to the ecosystem and helps it maintaining a balanced project.

Steem Power

After having an idea about vesting lets talk about steem power. In reality vests equal to steem power. Steem Power gives in control to users on steemit. The more SP you have. The more influential you are. Having more SP on your account is beneficial to both, the Platform and yourself. On this Blockchain, steem power is not recognized rather vests are recognized.

---

As of today, on steem Blockchain we have a total of 139679953.0 vesting fund steem

^steemdb

A total of 258982797399.14 of total vesting shares

---

#Club5050 and Powering up.

On steemit 1 SBD is pegged to USD but thats not the case in the external markets is it? SBD/USD was around $8 yesterday and that is enormously high. With the 50-50 reward division from the 65% reward pool on steemit, the Author : Curator has been severely impacted by this dynamic as Authors are being to have 80% of liquid rewards instead of 25%

If you think of it, It's really rewarding for authors but it is affecting the Blockchain as well. With more and more authors leaving out with liquid rewards and with less amount of steem power on the platform, it is harmful for our Blockchain in the long run.

To cope up with the valuation of the rise of SBD, steem's dynamics of supply/chain has been affected as well. Due to the increase in supply, steem price has been affected as well.

Now, if we were to follow the #club5050 initiative, in which it states that we should power up at least half of our liquid rewards, it would increase the demand for steem, resulting in a balanced system.

---

If you're on steemit, only for your benefits, I won't be surprised with you cashing out all the liquid rewards. BUT if you're here to stay and you want the whole ecosystem to be a perfectly balanced one, I won't be surprised with you joining the club5050.

Since the inauguration of club5050 two weeks back, I have powered up 100% of my liquid rewards, in fact the Sbds accumulated before the club5050 were powered up as well. That's more than 100%

Hoping to see the same enthusiasm from all of you as well.

To have a further understanding go through this post by professor sapwood.

Thank you.