this post was submitted on 09 Jul 2023
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Pretty sure they serve the same purpose they do on reddit. In a feed on a Lemmy/kbin instance they control the ranking/order of posts and comments.
However I don't think they change reputation/karma at all.
It's the other way around.
At least for the top sorting order, boost seems to be all that matters.
Reputation uses the formula
upvotes - downvotes + 2*boost
iirc.Kinda makes the voting rather pointless, then, other than an ego stroking.