There is 2 simple ways to give you an answer a Summary way, and a numerical way that would probably interest the geeks more so:
Ignoring Voting Power (which declines as you go from 100% down) and other common sense factors like the linear more SP = bigger upvote:
ALL the other Factors counts, not if, not sometimes, not maybe, not most likely, all counts:
- Steem Supply and Reward Pool
- Number Active Users generating number of Post and Upvotes
- Price of Steem and SBD
Here's a summary
More users post getting upvotes -> Your vote goes down
Less users post getting upvotes -> Your votes goes up
AKA When Lots of People Show Up, Everyone Gets A Smaller Slice of Cake
Steem/SBD price higher (more to share amongst poster) -> Your votes goes up
Steem/SBD price lower (less to share amongst poster) -> Your votes goes down
AKA When The Cake is Bigger, Everyone Gets a Bigger share
Technical Formulas:
....awww shit i'm not going to bore you with the formula, nobody (aka 99.99% of folks here won't read it anyways) so here's a link to calculate your current upvote power
Thanks @dj123, very helpful!
you're welcome 🙏