The wallet that is used for delegation to new accounts can't handle that kind of growth. It had trouble handling the growth during the first 2 weeks in January. Check out my post about the reduction jn delegation and upvote worth here: https://steemit.com/witness/@royaleagle/delegated-steem-to-new-minnows-fell-from-30sp-to-15sp-why
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Really interesting. I was almost sure that it couldn't continue giving away free steem forever, I just couldn't find good info on it. Thanks!
It only gives away .5SP per new account it sets up. It lets that account borrow 14.5SP through delegation until that user has amassed 15SP. Before Jan 8 thae amount a new account was given as a loan was 30SP, we had such a rush on accounts in the first 2 weeks in January that the amount dropped to 15SP.