Hello guys, this is probably a stupid question but I can't seem to figure out an answer... I'm still new in the community and even though I may have some clue like one or two years I still can't understand how it works. Wasn't there some news about it lately too ?
You must go to your steemit wallet an then click on steem power. You get the option to power down.
A slider will appear with the amount of steem you want to power down per week
Instant power down isn't possible
Fully power down your steemit account can render your account useless.