What is Delegation?
I hope everyone is having a good time. However, today I have come to talk to you about a new matter. I am constantly trying to discuss the details about the @steemit platform. They are the continuation of today's topic.
Today's topic
Delegation
Delegation, in simple terms, is the process of converting the small power of a group of people into a large power. And using that power to create a big benefit.
Since all of you are blogging more or less here, you are constantly getting some steem token in return for the time you spend and you are benefiting economically and this token is divided into two parts, one part is mainly 50% for the curators and the other part is for the authors and the authors 25% from reward goes to liquid balance and the remaining 25% goes to steem power.
Since everyone is constantly sharing their creativity blogging here and they are constantly earning, so basically a lot of Steem Power accumulates in their wallet after a while and later those Steem Powers can be used.
Now that you are working for a community and many other people like you are constantly blogging in the same way. They are also constantly getting steem and power in their wallets.
Although this may seem very small at first glance, if many people like you put that small amount in one place or share it and try to delegation it, that is, if they vote somewhere, and the acceptance of that vote increases. will receive and can benefit financially and later the finance received can be shared among all.
That is, you can give your steem power to any delegation service project without leaving it unnecessarily and they will use your power and they will vote and share the reward received from there later.
I have roughly understood the role of delegation, the work of delegation and the importance of delegation. Although we have some delegation services of our own, I will discuss those matters with you later.
Until then, stay well. If you want to know about my past informative posts, you can visit my profile and read from there. Anyway, see you next time.
Thank you
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