Can you earn money from Steemit?

So, I've been hearing about this platform called Steemit, and I'm curious. Can you actually earn money from it? How does it work? Is it just like other social media platforms where you can post content and engage with others, but with the added bonus of potentially making some cash on the side? Or is there more to it than that? I'm eager to learn more about the opportunities Steemit offers for monetizing content and how users can go about earning rewards on the platform. Any insights you can provide would be greatly appreciated!