Home Forums Steemit – Getting Started! What is Steemit?

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    admin
    Keymaster

    A blogging(sharing platform) in which upvotes with influence pay you steem which essentially equals money since there is a market for steem. Steemit uses the word steem power to describe steem that has been turned into influence tokens on how future steem rewards are handed out to posts.

    To avoid the system being taken advantage of if you want to turn steem power back into steem it will take 13 weeks. Someone please correct me if I am wrong 🙂

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