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RE: Steemit Newbie FAQ - Rewards: Were Does The Money Come From?

in #steemit7 years ago

Upvoting does not deplete my account-correct? What about resteeming? Is there a cost? Steem savings in the wallet....is that a good thing to put steem into? Is there a way to save posts in folders for later? A lot of great stuff here to read/watch.

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Upvoting doesn't deplete your account, just your ability to "allocate" from the reward pool. If you vote too much your capacity to "allocate" from the reward pool is be drained. Currently, this is happening after 40 votes / day. From HardFork 19, this will happen after 10 votes / day. Resteeming has no influence over your voting power or account. Savings is just what it is, a savings account, it will protect your funds if your account gets hacked, as there is a 3 days period after the funds are available form there. Read for later is not yet implemented.

New to this...two days, but any advice re steempower gratefully accepted . I have upvoted you, if you like my posts and videos, I will be posting lots of awesome videos -please UPVOTE ME.