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RE: Can anyone help explain what are the purpose of Steem,Steem power and Steem dollar

in #help7 years ago

Hello there, steem dollar is meant to be a token that peg with USD, so each steem dollar is supposed to be $1 each. You need to convert steem dollar into steem before converting to steem power. Steem power is like the equity of steemit, the more steem power, the more influential you are in steemit.

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Thank you for telling me. Thank you 😊

Thanks for the clarification!

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