Steem voting power : use it or lose it

in #steemit7 years ago

I've seen a few people worrying about their voting power, e.g. This post by @verhp11. There's some good information on the Steemit FAQ.

The best analogy I've seen for voting power is that it's like a swimming pool that is continually being filled. It takes about 5 days to fully fill. Each vote you give takes some water out. 10 votes of 100% take a fifth of the water, so it will be full again in a day, if you didn't vote any more.

If you don't vote at all it just stays at 100%. That's a waste as your votes help to distribute the daily rewards.

Steem now

I've been aiming to get my voting power down to around 80% as it will recover enough each day to stay around that. It means my full vote is worth a little less, but I rarely give a full one anyway. I get this information from the wonderful Steem Now by @penguinpablo. It's good for keeping an eye on what votes you get and your rewards.

It doesn't matter too much if your voting power drops lower, but you will have to wait longer for it to recover. There are times such as Steemfest where I give out a lot more big votes. If you know you will be offline for a few days then run it down and it will be back up on your return. In any case I think manual voting is best as we want the best content to trend. Of course vote buying distorts this, but that's another topic

New Steemians won't have the option to give a partial vote. That comes when you get to around 500 sp, but using busy.org or @steem-plus is supposed to give you the slider. I can't test this as I have so much sp.

I'd advise new users to not worry too much about trying to earn from curation rewards. You need a lot of sp to make that worthwhile. Instead you should vote up posts you really like. Leave good comments that add to the conversation and those can earn you good rewards as well as helping build your followers.

I hope I've got the details right here, but I welcome corrections and questions. It's really worth reading the FAQ first.

Steem on, and vote freely!

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"Leave good comments that add to the conversation and those can earn you good rewards as well as helping build your followers."

I agree. Leaving quality comments will get you far more rewards that micro-managing your VP levels. On a social network, being social always pays off!

It is totally true, with showing a bit of interest and reading the article you can earn much more than just commenting "good post"

Right on time. Funny enough, I have been sitting around the computer most part of yesterday and today with my team mate @hemangmehta to try and calculate this as we are working on a basic income project for the African Community. There is another great post by @offgridlife that I read. This website also helped a lot while doing my calculations https://www.steemnow.com/upvotecalc.html.

by @black-man

I like picking and choosing where I vote. Sometimes I go back later or the next day if I've run down too much. I'm guessing I use about half my votes on comments. The main thing is, I never let my voting power reach 100%, just in case. Wasted votes would be very aggravating. Individual votes may be small, but if there are lots of us voting, well, that will make a difference.

I just looked up in your wallet how much you have and it's pretty much in my range, which means, we're in the same pitiful situation :-)

As far as I know (and pls correct me if I'm wrong), there is a threshold from which on you can chose with how many percent you can make an upvote. Right now we can only make 100% ones, but later we can reduce the share and make 10 votes with 10% while losing the same power as before.

Here check out this site. In the top left corner you can see how much power you have left and under "VP ~> 100%" in "Stats" you learn how long it takes until you're back on top. That would be 28 hours for you :-)

Thanks. I use steemworld.com and steemnow.com.

busy.org gives you the slider right away @steevc. I agree, that right at the beginning there's no point in worrying about managing your vote since it is worth practically 0.

Now mine has grown a bit I manage it more carefully. I try not to drain my voting power more than it will recover by overnight. So I can start each day at 100%.

Since learning about the dust threshold I no longer vote on comments if I can't give them a minimum of 0.03c but with posts it doesn't matter so much.

I try and spread my vote around as much as possible but, in order to do that efficiently, I have to manage my voting power quite carefully.

It will be nice when I don't have to watch it so much but, for now, I enjoy making my votes count as much as possible! 😁

It seems you have to enable the slider in busy settings. I think new users have to learn to limit what they vote on. I don't expect a vote from them. I value their comments more, but they have to be relevant

In Busy.org you have to turn the option for the slider on, a great tip from @zoneboy Thanks.. This helps me divides my votingpower, really great. And I agree Steve, it's a waste to let it stand at 100%....

Last time I tried busy.org I didnt get the slider and was rather annoyed it did a 100% vote instead of what I actually wanted. If steemit is down, I use steemitstage now, as that seems to always work but the portraits are missing.

I know what you mean about wasting power, while I was away last weekend I wasted some as it reached 100%. We really need a mobile app that is good and works. Steepshot doesnt work on IOS, you cant post. Is that eSteem one any use? I havent tried it yet.

@slobberchops, try go to the settings. You will see enable slider. Just tick the box then you have the slider option. You can also set a default slider percentage so you have an automatic percentage when voting. @fabien did a good job in the site.

Thanks for the tip! Ill have a look next time I use busy.org.

Great tip, thanks I found it and it works...

  • Sees your title
  • Gets anxious about using vote power lest lose it
  • Immediately votes on your post

Good title ;)

Good advice. Its a pity one's SP has to be so high to get the slider.

I think it's partly to reduce the number of tiny votes that have no real effect. A new user can save their votes for the best stuff. It's not essential to vote in everything

If you are not going to use it, then delegate to someone that can and will use it. Just vet that person or community well before you do so. I know that the veteran community can always use some delegations. Delegate To The "Humvee" Bot @shadow3scalpel or some to @mbc-meps. There are many can could but the voting power to good use.

I do delegate to a few people I trust and expect nothing in return. We need everyone to be voting. The whales have a lot of sway, but we can still have some influence

I've been wondering about how this all worked. Thanks Steve.

I have the opposite problem of voting to much and depleting my VP to a low level - cant wait to get to 500SP to get the slider for votes.

Went away over the weekend and came back and was a nice surprise to see my VP back up near 100%

As @steevc mentioned using busy.org or @steem-plus is supposed to give you the slider. I can't test this as I have so much sp. If you install the @steem-plus plugin, you will be able to control this even if you are below 500SP. Here is the link to their extention.

By: @black-man

Thanks for these tips Steve...really useful to noobs like me :)

@steevc Voting power is like Time. You have to use it wisely. When you don't utilkse the VP it means.

  • No curation rewards
  • you are not spreading the distribution rewards.

This shouldn't be so.

Users can check their Voing power at steemd.com/@username
Steemnow.com/@username.

Just change the username to your account name

As I said, curation rewards should be less of a concern for newbies. Building connections is a better use of their time.

Yes. Curation is for users with more SP. Building connections and making friends should be newbies utmost priority, and resteeming one or two posts also help.

Mmh, voting power. I always see my voting power vaporize. In my actings I am a whale but my steem power disagrees with it!
Currently below 68%. Always glad to go to bed because my own energy and the voting power energy will be recharging.
The more active I am on the Steem blockchain the more it hurst my voring power.
For sure if I want want my vote to count and to surpass the dust threshold!
But yes on busy.org you do have the slider even when you don’t have more than 500SP!

VP always comes back in time. As long as you are voting there's no problems

@steevc You just told it like it is. I salute you for sharing these keys especially for the Newer Steemian.................

Its nice of you to get time to let us know about the voting power.
For new users like us needs to know the each step from big steemian like you, and implement on steemit carefully.

I hope you have read the FAQ. There's lot of information out there if people look

Yes. i read the FAQ from your given link about voting power,upvote,downvote.
Some points remain unread about other activities on steemit. i'll get time to read those too.

@steecv sir i am also include myself in category that you mention above.nice post about that kindly share if some downvote you without any reason what we have to do

What a loss of memory .... we are not able to maintain it stabile ... i am a bit dissapointed about it ...
Indeed i am not so well informed on the market but .....yeah you know what i mean .

How many reasons do you have in this post dear friend @hilarski, I totally share your words, many arrive thinking only about the money that can be earned, without thinking about the sacrifice and commitment that is being here.
Thank you very much for sharing these tips.
I wish you a great day

How many reasons do you have in this post dear friend @hilarski, I totally share your words, many arrive thinking only about the money that can be earned, without thinking about the sacrifice and commitment that is being here.
Thank you very much for sharing these tips.
I wish you a great day

I like to use https://steemworld.org as it shows current voting power, delegations in and out, account operations and upcoming author and curation rewards. I also try not to get below 80, to be able to start upvoting again the next day at around 90/95%. Takes some math at first to establish a voting patern that works, so your VP doesn't drain too much. We upvote musicians using the tag #ftlob (and other music related content we come across) so it's important to be able to continue to upvote again the next day :-)

Great read and indeed, steem on!