How many STEEM DOLLARS does 1000 STEEM POWER give for an upvote ?
In this article we will find out just how much STEEM POWER can be worth.
Remember STEEM AND STEEM POWER is esentially free to earn especially with good content so even if you cant buy more steem you will eventually have tons of it if you just keep posting and interacting with other steemians !
Make sure to comment below with your approximate STEEM POWER and then upvote the comment so we can compare the results!
By now as a user of steemit.com you should know that you have a certain amount ofVoting Power that is maxed out at 100% and when you vote for comments or articles it gets reduced temporarily and then recovers over time. The Voting Power you have available depends on the STEEM POWER you hold and the more you have, the more power your vote has. The more power it holds the more Steem Dollars it adds to a post or a comment you cast your vote on.
The higher percentage of Voting Power you have, the more influence each of your votes has, so it is a wise idea to monitor how much voting power you have and try not to get it too low. If your Voting Power gets low, then just give yourself some rest from voting and wait until it regenerates a bit and due to the interest rate you get on Steem Power and your activity posting and voting on steemit.com it will continue to grow as it regenerates.
Make sure to keep track of your voting power! When it's low it takes about 24 hours to regenerate so that you get full voting power again.
As of 2017 1000 STEEM POWER was reported to cast a vote that gave $0.0525 worth of steem dollars to the post.
Currently I am on a mission to have a more accurate layout of the value of STEEM POWER compared to the value of STEEM DOLLARS it gives when casting a vote. Comment below with your current STEEM POWER and upvote that comment to help everyone see how STEEM POWER and STEEM DOLLARS WORK!