How to increase Voting Power and Steem Power and how are they linked ?

in #steem7 years ago

I have heard and seen the Voting Power and STEEM Power mentioned everywhere and it seems like it is very important in determining your earnings.

Is it also linked to reputation score ?
How can one increase the voting power as well as steem power ?
Does upvoting someone's post reduce your voting power ?

I have seen some posts with very few upvotes and a good amount mentioned next to it and similarly some posts have good number of upvotes but just a small amount or sometime even $ 0.00.

How does it all work?.

6909013-Man-with-finger-on-his-chin-thinking-hard-Stock-Photo.jpg

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Short answers. Steem Power is the amount you have invested into the platform and powered up. Voting Power starts at 100% and basically drops 2% every time you vote (It regenerates at 2.5% every 3 hours). If you have more than 500 Steam Power you can reduce your vote weight (normally 100%) and it gives less reward and drops your Voting Power by less. Clear as mud? Have a look at this calculator it might help :-
https://steemnow.com/upvotecalc.html

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by wickedweapon from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

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