Steem, Steem Power, Steem Dollars, Voting Power
what is Steem, Steem power, Steem Dollars, voting power and reputation level?
Steem - Steem is the first currency among the above three. It is being traded in several exchanges with USD/USDT/BTC/ETH. It can be bought and liquidated easily. Steem quantity is getting double every year by mining. so steem price may go down due to oversupply.
Steem Power - It can't be traded in exchange. it can be earned though content creation or curation (like up-voting and comment) on other author content in Steemit website. Steem power can be increased by using Steem in Steemit website with powering up option. Steem power will be liquidated by powering down. It will be liquidated in equal instalment of 13 weeks. We can cancel power down option any week in between. So Steem power is less liquid. It will give influencing power to steemit author and curator. Steem power will generate interest upto 90% per annum.
Steem Dollars - Steem Dollar are pegged with USD and trying to keep value near to 1 USD. Steemit is paying 50% steem power and 50% steem dollar by default for curation and author reward. we can change to 100% steem power in the settings. It can be traded in any exchange and can be liquidated any time. Steemit will give 10% per annum interest on our steem dollars quantity. So it is taking care of inflation.
Voting Power - Every new users will have 100% voting power. We will consume 2% voting power for doing 1 upvote on any content. System is generating 20% voting power every day. So if we will do 10 upvotes daily. our voting power will remain same at the end of the day. voting power will decide your upvote worth to the content writer.
example - voting power - 100%, Upvote will generate 4 cents (assuemed as it depends on reputation score, steem power) to content writer. then at 50% voting power, upvote will generate 2 cents to content writer. At 25% voting power, it will generate 1 cents only. Keep your voting power high to give and get maximum benefit of earning during steemit. We can see voting power in Steemnow.com.
Reputation score - It will be calculated as per your content, no. of upvotes received, upvoted person reputation score. It is not influenced by steem dollars.
Kha say pta chla iss barey mey?
i have faced about voting power. I have searched in google and steemit.
Good information dude ....keep sharing and make steemit like Google
steemit is promoting meritocracy. so it is very good platform for original content writer.
Very good post...
Thanks brother. i will try to add useful information
How to find my system power ?
I am not aware about system power. there is steem power...which can be earned by writing content and by curation. Also you can convert your steem to steem power. Steem can be purchased from any exchange.
Power 100 ur 50 m Kya difference h bhai
Example - voting power 100%...your upvote will generate rewards x dollar. with voting power 50%, your upvote will generate rewards X/2 dollar and with voting power 25%, upvote will generate x/4 dollar. so keep your voting power near to 100%. so your upvote will generate more reward.
I am attaching upvote calculator for different voting power.
https://www.steemnow.com/upvotecalc.html
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Very nice post. But rep.22 h kaise badega sugges me please
Please follow below points during blog
i will suggest to read below article-
https://steemit.com/steemit/@arcange/what-is-steemit-reputation-and-how-does-it-work
Bro @vyaduka thanks for sharing ur knowledge
thanks bro....increase your reputation level to earn a good amount from steemit.
Nice information.
we need to understand steemit platform before using it, so we can use it effectively.
very nice info but can you tell how to know more about it?
you can ask question to me? i will be happy to help. You can search in steemit or youtube.
my reputation is also very low how can i increase that ?
can you help me with that?
Please follow below points during blog
Content should not be copied from website. Cheetah is checking your content with google search. If he will find copying, it will decrease reputation. Write quality content.
Don't write comments one word or cliche like- good work, beautiful, very nice post, very good post. There need to write comments with your viewpoint or suggestion or question related to topic.
If whale will comment or upvote you, you will get good reputation.
You need to work everyday to add quality content.
i will suggest to read below article-
https://steemit.com/steemit/@arcange/what-is-steemit-reputation-and-how-does-it-work
don't copy anything from google search.....write only one blog per day. Research (concept and data) can be done from internet but it should be written in your word.
thanks buddy
Nice information. ...
Keep sharing. ..