If you're new to Steem, you may not know that you can earn additional Steem (and Steem Dollars) via Steem Power delegation.
Rather than leaving your Steem tokens on an exchange that just sits there doing nothing, why not make them work for you?
I have personally delegated my Steem Power to Jerry Banfield as he is a positive contributor to the Steem community, has built a trusted following on Youtube and is giving back to the community via rewards sharing and funding Steem related projects to grow the ecosystem.
At the time of writing you can expect an APR of 36% and daily payments.
To get started, here is a quick summary of the high level steps (detailed video at the bottom):
- Create an account on Steemit
a) Go to: http://www.steemit.com
b) Create a new account or login if you already have an account. Note: my account took around 1 week for approval. - Transfer your Steem tokens to your Steem it account
- Power-up your Steem to Steem Power
Note: Powering down your Steem Power back to Steem will take 3 months (13 weeks of equal distributions), hence only do this step if you are planning to keep your Steem tokens for more than 3 months. - Delegate your Steem Power
a) fillout the delegation form: http://jerry.tips/spdelegate
delegator ID = [your Steemit ID]
delegatee ID = jerrybanfield
b) The amount to delegate is the total Steem Power you wish to delegate
Note: it is a good idea to leave at least 0.5 Steam Power in your own account so you have some bandwidth for social network activity
c) complete delegation via the SteemConnect.com button
Note: you will require your private active address to login to SteemConnect - That's it! Enjoy watching your account receive Steem Power and Steem Dollars deposits every day :)
Jerry's detailed instruction video here:
