Thanks for posting this! I have watched some videos and experimented a little, but this post and another post from a noob for noobs have managed to help me understand so much better. Thanks to your post, I just learned how to transfer my SBD to SteemPower - I did it!
So here's my question: How do I get my votes to be worth more? I thought that was was Steem Power did...but when I checked Steem.supply, nothing had changed. My voting power is still around 78 percent and my votes are worth $0.00. Does my influence have to increase for that to happen? The other post for newbies said that your voting power replenishes about 20 percent each day - do I just have to wait till it's at 100? can it go higher than that? Does it decrease with each vote to keep people from indiscriminately upvoting everything?
That's a lot of questions. Thanks for any light you can shed!
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So from my understanding, SP controls the value of your vote. I only have about 30 SP and my 100% vote is worth a penny. It can take a loooooong time to get your vote up to the dollar range or higher without outright buying STEEM. I’m waiting until I get 60 SP and I can give people my “two cents” hah! And yes you just have to wait until your vote replenishes to reach your max vote. You also have to reach 500 SP to get the slider, then you can give partial votes and spread the love.
ok, so with my 3.592 STEEM (+13.670 STEEM), I have quite a ways to go! In the videos they show the slider, but he didn't tell us you didn't get that until you are a big deal :-) So it's probably a good idea to just transfer my SBD to build up my STEEM. I've only been here a month tomorrow I think, so I'll get there - Thanks for your answer!