You've been a great help in understanding steem, thanks! I have another question if you don't mind. Am I correct in thinking that the amount of Steem Power I hold affects the payout I receive on my content? Does it directly increase the payout or indirectly by attracting more upvotes due to better placement?
Or does holding Steem Power only make my upvotes and flags carry more weight on the content of others?
Having more Steem Power means your vote has more weight, giving higher reward for the posts and comments you vote on, it does not result in you getting higher rewards, though it may help you in some ways indirectly.