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Before I can explain what delegating is I will explain briefly the idea behind 'Steem Power'. Steem Power is a consumer facing friendly name for the amount of 'vests' or 'vesting shares' you are holding in the Steem Vesting Fund displayed in Steem. The Steem Vesting Fund is a virtual balance kept on the blockchain which is the combined amount of all Steem created (minted) via the blockchain's software algorithm (inflation) (and issued on a rolling basis via curation rewards, author rewards and witness block rewards) and that 'powered up' from 'liquid' Steem into the fund. The Steem Power or 'vests' you hold are a claim on that Steem Vesting Fund. It is your part of steem you can claim by exchanging (and burning) your vests for liquid Steem through the process of 'powering down'.
The amount of vests you own decide your amount of influence in the distribution of rewards and voting of witnesses.
Next to powering down you can also choose to support worthy projects by (temporarily) lending (part of) your vests (Steem power) to one or more steem users. This 'lending' (at no costs / fees) is called 'delegating'. You entrust or authorize the other account (the delegatee) with part of your vests. As a result your influence in the distribution of rewards will directly be lowered and you will notice lower 'power' of your votes. The rewards of the delegated vests will be issued to the delegatee. You are still the owner of the vests you delegated and you can always remove (or adjust) the delegated amount of vests by 'overwriting' your current delegation. In order to return your delegation and prevent abuse and conflict with the 7 day reward period there is also a 7 day cooling down period when returning vests to the original owner.
There are many use cases for delegating vests or Steem Power. There are many voting bots nowadays to whom you can 'lease' your vests: their custom scripts give you some kickback (paid in SBD or Steem mostly) in return.
This site is dedicated to projects which are worth considering to delegate your hard earned vests (Steem Power) to. Most of these projects are community projects supporting things for the good cause. Most of them don't have any reward kickback payouts, so you can be considered a true filantropist when lending out your Steem Power to these projects.
Please do your own research / due diligence and use this site to analyse voting behaviour of the mentioned projects and learn more about them in general, before issueing a delegation. Rest assured that you can always un-delegate your delegations, but as said, only with a 7 day cooling down period before having ownership of your vests again.
Steem is a unique blockchain. A place where people from all over the world come together, write about their passions in a true freedom of expressions way. It is a place which gives birth to so many subcommunity initiatives that are worth supporting.
Being a holder of a significant amount of Steem Power (or actually Vests) gives me the change to (temporarily) donate (or lease) part of that Steem Power to such projects through delegation.
But where to delegate? In my quest to search great projects to support I slowly got lost and needed some ways to analyse those projects I found. Additionally I figured if I would get those projects on a list, it might be useful for others too. Hence this overview.
Use this site to learn about community projects, what they stand for, what they vote on and how they vote. Additionally find links to project discord groups, chat channels and dedicated project sites and learn about the project maintainers.
If you like a project and you have some Steempower to delegate, you can use the site to instantly finetune the amount of SP to share and sign the delegation with SteemConnect simply by hitting the 'Delegate' button under each project.
If you are interested whether someone you know, you can use the 'Search user'-feature to learn more about their Steempower and whether they delegate and to what.
If you have any remarks, questions or anything else, feel free to connect with me on Steem.chat - user @roelandp
If you like this project, consider voting for my witness position: