Behind Steemit #10 - Paying for SP Delegation

in #steemit7 years ago (edited)

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In this project we will not accuse anyone, we will only show the information that goes unnoticed by the common user, and even, for the whales.

Report nº10

User involved: @freedom

User delegating a ton of SP charging crazy amounts of SBD for it. Is this right or wrong?

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300k SP > 150 SBD daily

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Vesting routes... all miners.

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500k SP > 1600SBD weekly. That's a lot of money.

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@newflash or @transisto noticed this and made a post about it.

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@minnowbooster is in it too. @bellyrub. @utopian-io

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Is this what we want as a community?. Almost every user using this service is doing self-vote, draining the pool and making voting circles that we think isn't good for the platform. What do you guys think?

If you want to know more about the matter, please read:
https://steemit.com/steem/@transisto/whales-witnesses-we-have-to-talk by @transisto
https://steemit.com/steemit/@paulag/unmasking-freedom-what-the-data-can-tell-us-steemit-business-intelligence by @paulag

  • This is just the tip of the iceberg, we have tons of information that we will we posting eventually. Hope you guys can support us to make a more clean and transparent community.

LET'S UNVEIL THE TRUTH

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I am not sure how I feel about the lease market. I recently leased 1000sp for 30 days from blocktrades to try it out for myself. Over all it brings money in to steemit, but voting circles definately suck.

Damn! thank you and keep up exposing bro!

Why not, we are waiting

Love the data, very informative. What could be a solution to this? Maybe increasing the power of the steemit "promotion" tool to encourage creators to use it and actually contribute to the steemit platform rather than to the big whales for votes?

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you should let @transisto know so he upvotes you! Id imagine he is very interested in finding corruption!

Hope @transisto can hop on the wagon agaisnt the corruption!

I checked, and it looks like @minnowbooster (whose username you misspelled) aren't leasing power from freedom. According to the data here: http://www.steemreports.com/delegation-info/?account=freedom

AFAIK, he pulled the delegation after he-who-shall-not-be-named started making threats against MB users.

In my personal opinion, inactive whales will always look for ways to liquidate SP without powering down. And if the income flow is threatened - they just find another one.

-Just edited the post- Thank you for the correction.

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He had almost 2million SP for over 2 or 3 months.

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The power was undelegated only 17 days ago.

You're absolutly right.

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