Turn Your Steem Power into a Money Making Machine (Effortlessly 2.68% APY, Curation Rewards)

Hello everyone!

I hope you will be good. Today I am going to raise awareness about the Steem power and how you can earn passive income from the Steem power and a secret for many steemians that your Steem power increases your assets automatically without efforts as well. So let us start.

Designed with ^Canva

As I said Steem power helps you to increase your assets automatically without any efforts. Yes if you convert your liquid Steems to Steem power then you get the 2.68% APY on your Steem power. It is the best way and the most free of work way to increase your money.

Because of this 2.68% APY the Steem power gradually increases. You can notice the increase in the Steem power by noticing it. You will see a magic that your Steem power increases. And I am sure many steemians do not know about this fact.

Let us calculate how much can you earn passively from your Steem power without any work just by converting your liquid Steems to Steem power. If you hold 10,000 Steem Power (SP) for a year with 2.68% APY then you will get:

10,000 × (1 + 268/100) = 10,268 SP

So just by holding 10k SP for 1 year without doing any further efforts you can simple earn 268 SP. So if you are an investor and hold at least 100k sp in your steemitwallet for 1 year then you can simply earn 2680 SP without any efforts.

Similarly if I calculate per month free to work increase in the Steem power while holding 10k SP then it becomes:

268 / 12 ≈ 22.33 SP per month

Similarly for 100k it becomes 223.33 SP per month.

On the other hand there are other ways as well to earn money from Steem power. With these ways you can further increase your earning from your Steem power. Some ways are here:

Curation Rewards:

This is one of the best way to use your Steem power to earn money on the Steemit platform. When we vote content creators on their posts or comments then we earn curation reward. From the total amount of the vote value 50% goes to the author and 50% is given to the voter automatically.

More Steem power means higher vote value and similarly higher curation rewards. So you can earn money while buying liquid Steems and converting them into Steem power.

As an example let me calculate the amount of curation rewards how much a user can earn. If I calculate it from my account that how much I am earning then from my 11696 Steem power I am earning around 26.81 Steem Power of 7 days. It becomes I am earning around 0.0023 Steem power from 1 Steem power. If I calculate it for 10k then it is becoming around 23 Steem power. And similarly for the month it is becoming ≈92. For one year it becomes ≈1104 Steems.

So if we hold 10k Steem power we can earn easily this amount:

Curation reward + 2.68% APY reward = 1104 + 268 = 1372

Note: Your curation reward can be increased further if you use your Steem power to curate ideally. If you vote the posts earlier right after the posts are published then you can earn more rewards. And in this way your rewards will increased.

Delegation:

You can earn money from your Steem power with another effortless way which is delegation. This method works that you have to delegate your Steem power to curation services and they reward on the basis of the curation rewards earned. Different services offer different ways to earn from them and their rewards percentage and benefits vary.

So in the conclusion I can say it is the biggest opportunity for the investors to earn money just by buying Steems and sending them to steemitwallet and converting it to Steem power. I I vote all the investors and steemians to continuously increase their Steem power to earn passive income and juicy curation rewards.

If you do not know how to convert your liquid Steems to Steem power then here is the most simplest guide. You can follow this to convert liquid Steems to Steem power.

In future if users need a guide to buy Steems from any exchange like Binance and deposit them to steemitwallet then I will provide a step by step guide to buy and deposit Steems in wallet and to make a power up.