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Could you explain the purpose of the RewardPoolRape bot and how it benefits the greater community for those of us too dumb to figure it out?

Bernie's way of keeping SBD in the system by turning it into steempower.

Then upvoting posts in a non-bias way. Which makes the bot stronger and provides some benefit for the average joe.

At least that's what it looked like to me.

Correct me if I'm wrong...

Seems that way to me though!

https://steemit.com/@rewardpoolrape/comments

I would think this is a good thing?

Hmm, it looks like the bot doesn't upvote itself anymore. It used to give out a $.10-$.15 upvote to posts, then give itself a $2-$3 upvote in the comments. See this and this.