Do you know how "Voting Power" works? Do you know VP decreases every upvote?
Here are the very basics of what I have learned about VP brought to you by hilarious gifs.
I can tell you I didn't know these answers until very recently. It's not something I even put any thought into until I dipped to 30% in a day without even realizing it -_-
After trying to figure this whole thing out, I decided there needed to be an easy, fun way to make sense of all this information for people who might be struggling to understand like me ;)
So here it is dear friends, enjoy <3
Newbies-minnows- You need to know about your “Voting Power"/"VP"
It gets depleted the more you use it so it's not recommended to just go clicking 'upvote' all over the place!
The higher percentage of Voting Power you have, the more powerful the vote, ie. 100% being maximum strength. (The more Steem Power(SP) behind you, the more power that vote has but in order to keep this simple, let's not get into that here.)
You might be feeling shocked.
Isn't upvoting the whole point of supporting each other?
Kind of, yes, but also no.
The idea is to encourage great content by supporting it but if everyone supported everything on here, the integrity of the platform wouldn't hold true.
Alas, there need to be limits.
Stay with me.
Voting Power decreases with each upvote.
If you're new, all of your upvotes are going to use 100% voting power. At 100% one upvote will decrease your voting power by 2% per vote. I've been advised to try not to dip below 50%.
This is where you can start thinking about how much you've upvoted and...there it is:
Once you gain enough SP, you'll get a slider to play with when you upvote. With it, you'll be able to change the percentage of voting power you want to use per vote. This percentage changes the amount of voting power you use. For example you can change the slider to use only 75% of your vote, in turn costing you less voting power than if you voted at 100% power.
Good, I knew you were.
It seems simple now right?
Let's keep going.
What happens if I use ALL of my voting power?
Aww, I'm just kidding. It recharges at about 20% per day so it will eventually come back.
So how do you know how much voting power you have left?
You can take a gander over here at: https://Steemd.com/@yournamehere
(You put your name where it says 'yournamehere')
Tada. Now you know.
And there you have it,
I'll be sitting over here letting myself reload!
I hope this helps you, or at least the pictures make you smile. Send to the minnows and newbies on here so they know! Thanks to @cryptomancer @drakos and @joeyrocketfilms and the MSP community for advising me along the way!