hi @paulag,
I read your article 2 hours ago, I think the data may be right, but some of your conclusions should be wrong.
In recent months, in order to active steemit atmosphere, to encourage and attract more people to join the steemit, I organized several major activities, the first field also received a lot of money, these donations are used to reward to those who participate in steemit activities or winners .
In addition, I personally own a portion of the monthly SBD, to encourage and reward to those who contribute to Steemit.
So if you are interested, you could read some articles which I post on Steemit .
Thanks for your efforts on Steemit.
Best regards!