STEEM
- The underlying token of the Steem blockchain.
Power Up (STEEM POWER)
- Vested STEEM over 2 years. Gives user voting power. The more you own, the more weight your vote has, the more money your upvotes give. Click the Power Up link to vest your STEEM. Power Up gains interest (you will accumulate more over time while in Power Up mode).
Power Down
- Vested Steem (aka Power Up) that will be "Powered Down" over 104 weeks into STEEM. Each 7 days you will receive a portion of your Power Up (vested STEEM) as STEEM which can be sold for Bitcoin if you choose. The conversion (Power Down) will be done based on the current STEEM:POWER UP ratio.
STEEM Backed Dollars (SBD)
- A "currency" which will usually be 1:1 with USD and have a 10% APR. They are fungible, decentralized, and as valuable as the network of users that support them. STEEM can be converted to SBD's. You can also earn SBD's by making post and 50% of your post earnings will be paid in SBD's while the other 50% is paid in Power Up (vested STEEM).
RE: Could someone explain to me what's the relation between STEEM, STEEM POWER and STEEM DOLLARS seen on the wallet?