STEEM's Ways to Contribute
Steem has 3 different asset classes:
- Steem (STEEM)- the liquid currency. You can earn it by posting, commenting etc...
- Steem Power (SP) - Users are able to commit their STEEM to a 13-week vesting schedule, providing them with additional benefits within the platform. Committed STEEM is called Steem Power (SP). When users vote on content, their influence is directly proportional to the amount of SP that they have.
- Steem Dollars (SBD) is similar to convertible notes, for startups. It allows the holder to convert to the backing token with minimum notice at the fair market price of the token.
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Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
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