What is Steem-Staking? Part 2
Steem Staking a safe, passive, smart contract mediated form of decentralized finance investment on the Steem block chain. Which is projected to yield a 10 percent annual return on your investment or ROI
Why is Steem Staking Profitable?
Size matters.
Content creators make money for creating content like poems, stories, pictures, drawings, music or videos. Content consumers make money liking or upvoting these different types of content. The amount you get paid depends on the strength of your vote. The strength of your vote is determined by the size of your investment. The bigger your investment, the more you make from liking or upvoting. Steem Staking is big. So we get paid more for our likes, which are called upvotes.
Timing matters.
There are rules. Everyone who reads the rules and instructions knows them. I have studied the rules for two and one half years. I use my knowledge of the rules to make money. We call it maximizing your investment.
We know the best time to vote
Safety Matters.
Your capitol stays in your wallet. We We help you lock up your capitol In a non-withdrawal-able form to keep it as safe as possible from theft. We pay you Steem that you are free to spend or invest to increase your earnings.
You make money while your money is safe in your wallet
Transparency matters. Trust but verify.
The blockchain is revolutionary because the accounting books are out in the open for everyone to see.
Here at Steem Staking we want you to trust us, but we want you to check up on what we are doing.
You can see everything we do. Trust but verify.
Steem Staking Smart Contract Explanation
A brief Technical explanation of how we make this work.
In order to earn the staking interest, you must utilize a two step, smart contract mediated process; First Powering Up powering up your Steem to Steem Power and Second Delegating your Steem Power to the account Steem-Staking. Powering Up changes your Cryptocurrency from liquid Steem to illiquid Steem Power. Delegation means you delegate to Steem Staking the use of the Steem Power, but the actual Steem never leaves your account. Because your Steem is never moved, it remains in your account, under your complete control. A longer explanation is below.
The Safety of Steem Staking Project
I have loaned people money before and it is always risky because once you give someone your money you are now depending on their honesty to return your money ey if things don’t turn out right. You feel vulnerability, but with Steem Staking you never feel vulnerable because your money never leaves your possession. Because with Steem Staking your Steem never leaves your wallet. Your capitol is never at risk from this investment.
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Reprint and Rewrite of Steem Staking: A safe, passive, decentralized finance, investment on Steemit! with permission of @shortsegments
#steem-staking #wallet-staking #promo-steem #steemit #defi #decentralize-finance
I like this mission statement, it increases our visibility as a decentralized finance location. The additional buying power from investors will raise the price of the coin, giving people who must spend it more purchasing power.
And as our price rises, so does our market cap. This will help use improve our ranking with a goal to get into the top 40.
Mission Statement:
To make Steem and Steemit widely known as a decentralized finance opportunity.
To onboard new users to grow the number of Steemit users and the number of investors on Steemit.
To make use of the existing smart contracts and tokens on the steam blockchain in decentralized financial investment.
To provide information, guidance, support and reputable, transparent investment vehicles on the Steem blockchain.
Thus sounds good so far.