An Affordable Way to Support the STEEM Network!

Recently I've started excersizing my own method of helping the STEEM network out which involves taking the remainder of whatever STEEM I've been paid out for posts and powering them up rather than selling them on the markets. For example if I wrote a post and ended up receiving 65.890 STEEM paid out to my account for author reward 60.000 STEEM may end up being sold the remaining 5.890 STEEM would be powered up! Picture example below:


(A screenshot from Steemit.com showing transfers with the remainders powered up)

While this doesn't seem like a whole lot initially it does infact slowly add up the more you post. Instead of taking the default 50% STEEM / 50% STEEM Power payout the network defaults on by taking your remainder and re-investing it into the STEEM network you end up with ratios higher than 50% being put back into the network, which in my opinion should help the network long term. While I'm only one person currently following this routine if we all started powering up the remainders of our payouts rather than dumping them on the market we'll slowly see a decrease in liquid STEEM available to trade which should in theory cause prices to slowly go up as the scarcity of the token starts to climb.

If you'd like to see a rise in STEEM prices in the future I welcome you to start a similar payout ritual power up! While it's only a few odd STEEM here or there it should help in the long term. Not only will you be helping the network out but also yourself by powering up faster!


Vote @klye for Witness!

https://steemit.com/~witnesses

You can vote for me easily by clicking the link above and upvoting klye:



A Proud STEEMbassador of Canada
(News on @steemcanada Campaign Soon!)

Thank you for your votes, the opportunity and support!

H2
H3
H4
Upload from PC
Video gallery
3 columns
2 columns
1 column
32 Comments