Today we will get to know more about serey

one of our friend is asking "Can you explain how delegate power works"?

in order to answer this question, let's me have a brief explains about

the different between serey coin (SRY) and serey power (SP) first,

before we jump into how could we delegate the power.

After 7days of writing your post article, you will get incentive as serey cryptocurrency

usually serey coin (SRY), but in practice no you don't get SRY but instead you get SP

which is called "Serey Power".

Why serey platform do this?

Because it is related to the economic, if people having a lot of serey coin (SRY) in hand,

they will start selling it immediately, economic is depend on supply and demand,

so if more people selling serey coin which means there are more supply then demand,

the price of serey will never increase. By putting serey coin into serey power,

less serey coin will be in the market and the price will be increase, because

it leads to demand more than supply.

Power up and Power down

This lead to another feature in serey platform called "Power up" and "Power down",

when you have serey power in your wallet, the only way to get your serey coin sell

in the market or spend it somewhere is to power down, which means you

convert your serey power SP back into serey coin SRY that you can use it.

The process of power down took 13 weeks, and each week you will received 7.7% 

the amount that you power down. So it took about 3 months for you to

complete get all your serey power into serey coin. Which is also for economic growth,

and another thing is to let the community build strong, we don't want people

to write post and coins and go away. That's is not the soul purpose of

building serey platform. We want people to express idea and earn.

The reverse process is called power up, when you buy serey coin (SRY) or someone give you,

you can power it up to become serey power (SP), it is just like putting your money in the bank for

a period of time and earn commission.

Jackpot question

Now let's answer our friend question, how delegate power work?all user has 

different power in serey, the more serey power in your wallet, 

the more power you are, where do we use this power?

we use it to upvote article, the more serey power you have,

the more power you can upvote or downvote article.

For example, when i have 1000 SP, i upvote an article it apears only 0.6 SRY,

but when i have 100,000 SP, i can upvote article and they get 100 SRY.

Remember that when you upvote some body article, you didn't lost your coins,

the reward is getting from a central location of funding of the system, to

distribute to content creator, your role is just to vote where the fund should go,

you help to make the good article in the trending page so that everyone

could benefit by reading it. By doing so, you become the curator of serey it self,

and you can earn reward by upvote other people post too.

If you have more serey power, you can delegate to someone, or someone with

a lot of serey power can delegate their power to you. By clicking on delegate power

and the amount of power (SP) you want to delegate, with the username of person you

want to delegate power, that person will have that amount of power and they can use it.

Delegate power is not giving the SP away, only to let them have power, so you are

still the owner of that power, when you feel that you want to take your power back,

you just click on cancel delegate power and put the username that you want to

get the power back, they will lost all those power and you will get your power back.

Hope this article give you a clear vision of how the power is create, use and delegate.

@Cryptopreneur-Cambodia Serey Community