You are viewing a single comment's thread from:
RE: The cost of non-profit
I'm actually glad to see the max bid able to be lowered to 10 SBD for that reason despite benefiting from a much higher max bid at a time a few months ago when astonishingly few people used @ocdb. How did you come up with the 90%/10% split between delegators and authors? The ratio that works best is a reflection of the community spirit on Steem.
It's cause most bid bots were taking cuts between 5-15% or possibly higher from bids and their delegators, but considering bid bots are supposed to cost buyers as it's promotion we settled with 10% to remain competitive against them while taking no cut for ourselves.
With HF21 and the new curve the author profit may be changed but remains to be seen how we do it.