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RE: Bidbot Income Analysis shows bid bots earned 19% of the Rewards Pool in 2018

in #utopian-io5 years ago

Hi @paulag, impressive work and very important numbers! Do we have recent numbers on the share of the available SP controlled by bidbots? I found an analysis from Asher from 9 months ago that showed that around 20% of all active VESTS are controlled by bid bots. Assuming that this didn't change significantly, reward shares in the order of 20% aren't very surprising.

Could you remind me on how you calculate the VESTS-equivalents for bids and author rewards? For STEEM bids and author rewards, this should work fine with the approx. linear steem-per-vest-rate - how did you do it with SBD and the recent haircut situation?

The peak in curation rewards in October is very impressive. I assume this is a HF20 effect with bots and bidders not voting/bidding in the first few minutes after post creation anymore, resulting in higher curation rewards for the bots. Do you know if the following decrease is an effect of the decreasing STEEM price or if there is "more" behind?

For the top bot users, @steemium is an intersting case by offering bids-as-a-service for users. This proxy makes it harder to find the actual bidders, but a quick look into their account history mainly shows names that are already in the list anyway...
Great work!

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hay @crokkon and thank you for the review.

Steem to vests I got from the table VOFillVestingWithdraws and took a daily average. daily SBD to STEEM I took an average weekly from coinmarketcap, so I guess .

October had a higher % curation rewards because overall curation rewards were down but bots activity didnt reduce at the same level.

Thank you for your review, @crokkon! Keep up the good work!

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