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RE: How much SBD and STEEM is sent to the voting bots per day?

in #steemit7 years ago

If "we" make 50.000Steem per day, then we would print around 103,500SBD

How did I calculate this:

Payout SBD = 50% from payout
Payout STEEM = 50% from payout divided by steemprice (2,24$ atm)

Hope I don't have a misconception

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Thank you. That seems like a good calculation.

Using a $2.20 SBD price, that makes the total rewards in US dollars approximately 2.24 * 50,000 + 103,500 * $2.20 = $339,700 per day.

I'm not sure if I get it? Or maybe something is wrong in the calculation?

In your post you stated that about $100,000 goes to paid upvoting bots. In this comment you day the total daily reward is $339,700.
That would result in 29% of the votes being paid for. That sounds really enormous 😳

That's right... It's a lot indeed.

That doesn't make sense. There are 36 whales. If about 30% of the votes have been bought, that would mean almost 10 whales are functioning as bot. My feeling says there are not so many whales acting as bots. But I didn't check this, so it's just a feeling.

 7 years ago  Reveal Comment