Justin Sun’s colossal fustercluck of a hard fork has us all simultaneously laughing, cheering, and scratching our heads, but part of the hard fork worked almost exactly as planned.
The powerdown period has been changed from 13 weeks to 4 weeks.
I tested this with a teeny alt account that had not yet been powered down. I went to steemitwallet.com and initiated a powerdown. It showed me the amount that I’d be getting each week, which seemed to indicate that it was still basing it on a 13-weeks cycle. But when I checked at SteemWorld.org it indicated that I’d be getting one-quarter of my vests returned in seven days, indicating a 4-week powerdown period.
So if you’ve been powering down your Steem, and want your funds out ASAP, this suggests that you might want to wait until just after your next withdrawal (my @preparedwombat Steem account has one coming up tomorrow for instance), then stop your current powerdown, and start a new powerdown.
Disclaimer: This should not be construed as financial advice. I am not a registered financial advisor; I don’t even play one on TV. Do your own due diligence. Batteries not included. Objects may be larger than they appear in mirror. Some assembly required. Do not taunt Happy Fun Ball.