2 Answers

What are Karma points?

As you contribute to the community your profile accumulates Karma points. These points distinguish you as a respected member and one which opinion is highly regarded by the community. Gaining Karma points also opens up doors to some cool features in akaQA which are constantly added.

The karma points system is not intended for resolving personal conflicts between members.

Here's how karma points work:

Each "Thumbs Up" on your question or answer yields 15 point.Each "Thumbs Down" on your question or answer yields -35 point.Each "Thumbs Down" on someone else's question yields -10 points.

Number of daily votes

The number of daily votes you can give is limited and grows as you gain more Karma points.

For each question you answer, you will get thumps up, from people  who agree with the answer.,which gives you 15 karma points.