Voting Power & Steem Power (explained)

in #steem6 years ago

 
Every time you upvote you lose voting power

What is voting power and why do I need it?
Voting power can be thought of as energy. Each time you upvote a blog post or comment you lose energy. As your voting power decreases, your upvotes will be worth less and less. The more voting power you have the more your upvote will be worth.

Try to keep your voting power between 80-100%

How can I check my current voting power?
Go to steemnow.com and type in your username. Your voting power - as well as other stats - will be displayed here and updated in real time.

My voting power is full and my vote still is not worth very much!
Your voting power is a measurement of the potential your vote has to reward another user once you upvote a blog post or comment. To increase your potential (the amount your vote is worth) you must gain SP (Steem Power). This can be done two ways.

  • Buy Steem Power directly (click on "Steem Power" and then "Buy")
  • Convert your Steem into Steem Power (click on "Steem" and then "Power Up")

The more Steem Power you accumulate the more your upvotes will be worth giving you more influence on this platform. Steem Power is extremely important if you wish to be a successful blogger on Steemit. The more SP you have, the easier it will be to gain followers and because we upvote our own posts once we create them, having an upvote that is worth a lot will make your post stand out, receiving a greater number of upvotes.

Earn SP by creating quality content

On Steemit, quality content pays. At least 50% of all the rewards that your blog posts receive will be credited as Steem Power. By creating high quality content on a regular basis, you will be collecting SP and increasing the value of your upvote. So, by creating quality content and earning SP you are investing in your future.How much SP do I need for my upvote to be worth $1?
I found this user @marymg2014 who's upvote is worth $1.20 at nearly 100% voting power. She has 1500 SP. An account with around 1200 Steem Power would generate $1 per upvote at full power.

If this post was helpful please leave an upvote

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 61821.21
ETH 3068.39
USDT 1.00
SBD 3.84