What is Steem Power ( SP ) and How to Power Up for More SP?

in howto •  2 years ago  (edited)

I am celebrating a double 50 achievement in steemt for having scored 50 in REP and 50 in Steem Power ( SP )

Well, you may think this not an achievement but for me, it took me a lot of effort to get into results in 73 days since.

How to boost up you REP




To my understanding, the Reputation score is a reflection of your involvement in the Steemit community. Activities that influence this reputation are highly dependent on upvote activities, commenting on a post and respond to comments on own post. I believed this is true as the more comment I made, together with responding to comments on own post and upvoting, I could see the REP number moved up faster.

Perhaps as the name REP itself explains the reputation, which is a measure of personal involvement in Steemit community. Other measures could be the "postings", Follows and Followings as indicated on the profile page as indicated in the screenshot.

How to increase Steem Power








The direct contributing factor to Steem Power is the earning from your posting. Each article you posted, it will attract voting by your followers ( mainly ) and it will draw a payout value. This payout value will split into Author and Curator. And the author share will split into SBD and Steem Power ( SP ). This is a direct gaining of SP from the content you have posted ( after upvoted )


There is an indirect way to boost you Steem Power is called Power Up. What a power up means is to convert the Steem into Steem Power. The question is where is the steem come from?

Once a while, you may get a small amount of Steem from the reward system distributed to you. Another way is to buy them with the SBD you earned from the Author portion of the post.

What is Upvote Value?

It is the amount that you give to the author of a post each time you cast an upvote. For a new Steemian, the Upvote Value is around 0.002 with a default Steem Power is 15 SP. As you gained more Steem Power, your Upvote Value also increases.

Depending on the Steem price, roughly the calculation is below

  • for a 40 SP, you will get 0.01 Voting value

  • for a 120 SP, you will get 0.02 Voting value

  • for a 500 SP, you will get 0.06 Voting Value

  • for a 1,000 SP, you will get 0.13 Voting Value

  • For more accurate calculation, you can use this UpvoteCalculator to determine its value with different SP


It is interesting to note that your voting value is fixed at 100% which will determine your upvote value. As a newbie to Steemit, you will be given a steem power of 15 SP to move around Steemit.

And you are expected to work around the Steemit system to get better. However, when you have reached 500 SP, a voting power slider will be activated such that you can slide to the percentage of Voting power you need. And the upvote value will change according to the voting power percentage.

How to Power Up?

By now, you would have heard many times steemians mentioned about Power Up.

What is Power Up? It is a process to covert your Steem available in the wallet to Steem Power so that your upvote value will increase accordingly. The higher is your Steem Power, the higher is your upvote value. The question is where does this Steem come from? And how to get it? Simply, you write a quality content and post it to Steemit to earn Steam Dollar and Steam Power when fellow Steemian upvote your post. The more Steemian upvote, the higher cummulative value you get.


As I have stated earlier, once a while, the system will give you a small amount (0.001) of Steem as your reward. It is not going to help too much. There is a way to accelerate the growth of Steen. You can Buy steem with SBD and it can be transacted in your wallet itself.


Open your wallet, go to the Steem Dollar section, and click on a small down-arrow. A menu box will appear which shown the "market" in the list. Click on it, and it will take you to a website which shows a buy and sells section. it looks slightly like a share market display.


The "buy" transaction section will show the current buying price which is "1.1111400", and I have place an order of 2 Steem, and it will calculate automatically the total SBD required to buy 2 Steem. Once you have decided, click the "buy" button. If you are able to catch the seller's offer price, a transaction is confirmed. Then you will notice your wallet has extra 2 Steem



Now it is time to convert Steem to Steem Power. The process is called Power Up . The procedure is very simple, in the wallet, at the Steem section, click on the word Power Up, then a menu will appear. Indicate the amount of Steem you want to covert to Steem Power, then click "Power Up" button. If successful, you will see your Steem Power has increased while the Steem has reduced by 2

It is worth mentioned that the Steem itself has no value as compared to Steemp Power. SP will continue to earn you income as you upvote authors. It is wise to power up as often as you could to boost your SP to earn extra author fee.




Link to @digitalmind Newbie Tutorial Post



Some Related Articles

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 ikuti



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You've been upvoted by TeamMalaysia community. Do checkout other posts made by other TeamMalaysia authors at http://steemit.com/created/teammalaysia

To support the growth of TeamMalaysia Follow our upvotes by using steemauto.com and follow trail of @myach

Vote TeamMalaysia witness bitrocker2020 using this link vote for witness

Congratz bro, now keep it up to level 60 :D

I know REP 60 is very tough but I will try . Thanks for dropping by

Whoaho, one milestone! Congratz :)

Thanks for dripping by Yes, it is another milestone. More to go

Very informative post. Thank you for sharing it! I will resteem for our newbies to read.

Congratulations you have been resteemed as part of #newbieresteemday's top posts for the day! We invite you to use our tag to connect with more of our members. To learn more: Come Join Us!!! (Newbie Resteem Initiative)

i totally agree for reputation score calcution analysis by you. Comments and replies help you gain reputation. Followers and Follow back dont really help according to my views.
Very detailed and informative post for newbies. I guess we need to talk as I am already upto same task via ppt format. Merger can happen which will help both reading and viewing steemians. Check discord :p

thank you for agreeing with my observation. I have yet to verify with official note but those are based on my own validation.

Steemit white paper says that it doesnt affect (followers). Well still waiting on discord. Hope you would connect soon

Comprehensive post about steem and steem power. I get frustrated that my voting power gets depleted easily since I love voting and going around everywhere here in steemit sharing my precious votes lol!

@leeart thanks for dropping by. I use to vote and vote until lost all the voting power. Now I still vote but selectively and limited to about 10 upvotes per day after regaining power to 100% .
cheers

I can't even get my VP to 100 lol! I just maintain it above 80%. Must we really have to vote 10 only a day?

Nope. It is not a rule it is my practice.tecnically you can vote until your voting power is totally depleted

I actually read somewhere about the 10 votes I just didn't pay much attention.

@digitalmind Something unique. Keep up.

Thank you for dropping by. Small achievement by worth the effort for the last 2.5 months

Very nice post. I'm newbie this will help me a lot.
For sure i will read your other guides. Thanks

@interdeus I am glad you find it useful for you. I have other tutorial for newbies too .
With your kind word. I will write more turials.
Why not share it to your follower too by resteem it. You will help your followers too
Cheers

  ·  2 years ago (edited)

Your post was featured in #tehtariksunday ! Keep it up .. here is a small tip!

Hi @digitalmind! You have received 0.1 SBD tip from @myach!

@myach wrote lately about: Myjuniors | Come And Draw With Me 10Th March 2018 Feel free to follow @myach if you like it :)

Protip: you can withdraw your @tipu deposit at any moment without any fees.

Congratulations on your double 50 celebrations! Hope this would be an inspiration to the community. Keep up the good job and giving back to the community.

ya.. that was almost in my mind. Without team Malaysia, I would not have done this far. Due to my low SP, I am still not ready to give back to team Malaysia via curation trail

Not to worry just keep you're pace... whatever you're doing right now its working.

Cool, I'm a real newbie, and this type of information is very helpful. Thank you for your clear and easy to follow article @digitalmind

@kchitrah. Thank you for dropping By. You did well in tehtarik live talk

  ·  2 years ago (edited)

Thank you! Appreciate your support @digitalmind. :)

postingan anda....memberikan penjelasan yang cukup kelas.....dengan memaknai setiap hal sehingga saya mudah memahami tulisan anda.....reputasi sangat mempengaruhi nilai tulisan anda.....saya berharap bisa menjadi seperti anda.....saya akan membaca artikel anda yang lain yang dapat membantu saya memahami bnyak hal tentang steemit.

Terima kasih untuk bacakan pos saya. I kembira Sabab Pak boleh faham tulisan saya.
Sila Tanya saja kalau ada soalan
Sekian terima kasih