You are viewing a single comment's thread from:
RE: How Steemit Payouts Work - A Beginners Guide
Can you explain how we have power to give people money from our votes (i voted for you, you got 2cents, but i did not deposit any money into my account)? That i didn't understand yet.
Any new account is created with (given permanently) and delegated with (given temporarily) some SP. This means even a brand new account has some power to allocate rewards from the rewards pool.
If you navigate to your wallet, you will see:
That means you own 0.5 STEEM worth of SP, and are delegated 14.506 STEEM worth of SP.
Thank you.