Good day to all our dear Steemians! I hope you're having a great weekend.
On my previous post I talked about the different ways how to get extra exposure here in Steemit, if you haven't check on it, just go ahead and click HERE and feel free to read and leave your comments. Today I would like to share the different ways to acquire Steem Power (SP) here in Steemit.
What is Steem Power (SP)?
Steem Power (SP) is a vested Steem that gives you influence in Steemit community. The more SP you have, the higher the value of upvotes you can give to your favorite authors. You can also attract people to follow and support your writings if you have a good number of SP because you can reward them with high-value of upvotes if they are writing interesting comments on your post. You might also consider checking their blogs too and upvoting them back. I'm sure you are very much aware of the "Whales" in our community. Whales are steemians who are holding thousands of SP and could give precious upvotes to minnows. You might have seen one of the whales upvoted your post and you instantly earned $2, perhaps someone you know who always get precious upvotes from whales. How nice would it be if you can also hold Steem Powers and give upvotes to those who have been supporting your writings without burning your voting power?
Some minnows who have less than 500 SP might not be aware that everytime we upvote posts we are consuming 2% of our voting power as we are spending 100% upvote by default. Thus, upvoting 20 posts in one day consume 40% of your voting power. Voting power replenishes 1% every hour, hence you need to wait 20 hours to regain the 40% that you just consumed and make it 100% again. In this case, you are advised to stop upvoting until your voting power recovered because draining your voting power at below 60% will lose its value. That means your upvote value will be $0 and that won't benefit the author who you gave your upvote to and even yourself since your upvote doesn't have any value. You are just in fact wasting your remaining voting power. That's why having at least 500 SP is a huge advantage.
This slider will allow you to decide how much upvote percentage you want to give to each author. That means your 100% upvote can be divided to several people. You can give 10% upvote to 10 people and that will only consume 2% of your voting power. That means upvoting 20 people with 10% upvote each will only consume 4% of your voting power, you still have 96% left! Isn't it amazing? Using the slider you can adjust the percentage that you want to give to the author. If you love his/her post or comment you might consider giving him/her 30% upvote, 50% or any percentage that you want to give without burning your voting power!
Now, the question is How to acquire Steem Power?
Please fasten your seatbelt and be ready as I share with you the different ways to acquire steem power.
Posting articles - Writing good quality articles is a very good way to attract readers particularly whales who could give you nice upvote value to get better earnings. By default, 50% of your post earnings goes to your SP, thus having big earnings on your post means big SP you could possibly get.
Post rewards - When posting your blog you will notice a small button on the right side of your page where it says REWARDS You can, in fact, choose which option do you prefer. You can use the Default (50%/50%) which means 50% goes to SBD and 50% goes to your SP or the Power Up 100%. If you choose Power Up 100%, all your earning on that post will be converted into SP.
Using Bidbots- On my previous blog where I explained the different ways to get extra exposure in Steemit, I mentioned that using Bidbots helps to appear your post in the Hot section of Steemit, thus it gives you more exposure. The longer you get exposed the more Steemians could see and upvote your post. As you attract more upvotes, you are also increasing your SP reward.
Upvoting posts - One of the very helpful ways to get SP is by upvoting posts and you would admit that it's already part of your day to day life in Steemit especially when you find interesting posts. Some new steemians might not aware that by upvoting someone's post they could earn SP which we called the Curation rewards. Yes you can earn curation rewards IF you know the right timing of casting your upvotes. Yes, there's actually a perfect timing. You might wonder why you've been upvoting posts from the person who you know is writing a very good quality content and earning a lot, yet you are not getting any curation rewards. This was actually my questions before, so I did my own research to understand how does it really works and you might be surprised at what I found out.
- When you upvote posts the moment it was posted 100% of the curation goes to the author.
- If you upvoted the post at 3 minutes, 90% goes to the author and 10% goes to the curator (you are the curator, you will get 10% reward)
- If you upvoted the post at 15 minutes, it could be a 50%/50%. Both author and curator get 50% reward.
- If you upvoted the post at 27 minutes, 10% reward goes to the author and 90% goes to the curators.
- But if you upvote at 30 minutes onward, 100% reward goes to curator.
However, it is very important that you upvote the post before It goes trending and before whales upvote the post. As you know whales provide the bigger amount of upvotes, that means the bigger portion of the reward goes to them as well, in that case, It will be beneficial if you have upvoted the post before whales do. Keep in mind that the curation reward that you will receive will depend on the value of your upvotes on the post.
Joining contest - Some whales conduct contests wherein winners will be rewarded with SP delegation. That means they will allow you to use the portion of their SP at a specific period of time. In fact, most of them delegate SP for 1 month, that means you will be able to use their SP for a month. Thus, you will be able to provide bigger upvotes value to your favorite author and even for yourself. In addition, you could earn bigger curation rewards as you upvote with bigger value. So you better watch out for a contest and win SP delegations.
Leasing SP- If you have spare cash and you are willing to invest in SP you can actually lease Steem Power from @minnowbooster. Just go to https://www.minnowbooster.net/market and click on Lease Steem Power
Just type in the amount of steem power you want to lease, the weeks you want to lease SP and you will see at the bottom the amount of Steem that you need to pay for the lease. Then someone will delegate their SP to you!
- Powering Up - If you have some SBD or Steem available you can actually do the Power Up. Just go to your wallet and click the drop-down arrow on the Steem Section and click on Power Up. Your Steem will be converted to SP.
Just follow the prompt and you will have your Steem Power! If you are using your SBD you need to convert it first to Steem and do the Power Up. Easy right?
I hope you learn something from this post. This is, in fact, the ways that I am using to boost my Steem Power and it's giving me a nice result. If you will do the same I'm sure you will also get the result that you want. :) On my next blog I will share to you my different ways to earn SBD here in Steemit :)
If you have any suggestions and tips, please feel free to leave your comment below. Your feedback is very much appreciated.
I would also love to give 30% upvote to those who will RESTEEM this post so we can share this idea with others and help them with their journey here in Steemit as well
Thank you for dropping by!