How to earn money from upVoting! + HOW IT WORKS!!

in #steemit7 years ago (edited)

Learn how to earn money from upVoting!  

First off there are some things you should know before learning how to make money from upVoting, like what voting power is and why it matters. 

 

What is Voting Power?

On steemit voting power is what you use each time you upVote. Every time you upVote (like) a post, 2% of your voting power is taken from your account. Although, your voting power recharges 20% each day.

So voting more than 10 times a day will cause your voting power to decrease quicker than it recharges. Spend your upVotes wisely!

Why does voting power matter?

The more voting power you have, the more influence you have on a post that you upVote. Your influence on a post at 50% voting power is of equal value to half of 100% voting power.

When should you upVote posts?

You should upVote posts when they are of value to you. For example, if you found this post helpful please upVote it (;  

 

How to earn money from upVoting.

Everyone can earn Steem Power (SP) just from upVoting posts. The author always gets at least 75% of the total reward, but a percentage of the rest of the reward can be allocated to the curator(s).
The amount of time in between the Author making the post and you upVoting the post determines what percentage of earnings of the leftover 25% goes to the curator. 

  • If a post is upVoted at the moment of posting all the earnings goes to the Author. 
  • At 3 minutes, 90% to the Author and 10 to the curator(s)
  • At 15 minutes, it’s even, 50/50
  • At 27 minutes 10% to the Author and 90% to the curator(s)
  • From 30 minutes onwards all earnings goes to the curator(s) 

 

View your earnings by clicking Curation rewards!

 

View your Voting Power -  https://steemstats.com 

 

 

Hello! I would really appreciate it if you took your time to kindly upVote this post, check out my other posts like this and even possibly follow me! I would tremendously appreciate it as it encourages me to keep on creating more educational steemit articles just for you.

Thank you!! - Bronson

Sort:  

You did a Great job with this Post!! @bronsonhill
I Love what your doing keep up the good work!!👍

Thank you for this explanation. I was looking for this explanation & this is the clearest so far. I upvoted

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Hey thx for the info. I don't understand the 'Why does voting power matter?' Part... maybe it's because there's someone in the next room playing the guitar and singing so I can't concentrate easily on what I'm reading. 🙄

Keep it up tho. I will have more questions later.

Good explanation, great job!!!

You provide a useful information.Good job , keep it up.

Ok! Waiting for half an hour. Will upvote, thereafter. :P

Cool, thanks!

Great article, especially for someone so new to all of this like me :)

Thanks! Means a lot.

Learning more and more everyday... thanks

very simple and helpful explain ! thank you !

oh really such a great information, thanks a lot
keep going

haha, well here's an article explaining the different currencies uses in Steem:
https://steemit.com/steemit/@bronsonhill/everything-you-need-to-know-about-steem-currencies

hahahah okay thanks you, you'll take all my steem power today
you have a great articles.

Did not knew that. Thanks!

good informative post buddy.

Great post. Thanks for the info

Thank you very much. Your article is much useful as i just joined Steemit and trying to understand the layouts.