Can the Data Tell us Why Ned Undelegated so much Steem Power? Steemit Business Intelligence

in #steemit7 years ago

2 days ago
paulag60 in steemit
As fast as it was given it was taken back. That’s right, Ned has undelegated nearly all the Steem Power that he delegate in August.

The lucky steemains @htliao, @linuslee0216, @nicolemoker, @surpassinggoogle, @sweetsssj @tumutanzi and @ramengirl between them received million worth of Steem vests power, which lasted from the 8th August until yesterday

Then, for some reason @ned undelegated all of the Steem Power Except that to @surpassinggoogle.

When the delegation happened, I analysed the voting habits of these steemains before and after receiving the extra power and the findings were very interesting.

If you missed that series of post, you can access them via this link

https://steemit.com/stats/@paulag/how-neds-delegated-power-is-used-part-4-steemit-business-analysis

So why was the delegation removed? Being the data person, I decided to see if the data could shed some light on the situation.

Looking at each of these Steemains I have taken the data from Steemsql held by @arcange

High Level Overview – Votes
For this analysis I have taken the votes made during the period of delegation. The 100% vote worth was taken as the vote worth the day the delegation was made.

Based on these values $457K was rewarded in votes from these steemains, with an average of over 3.9K votes per day. Well ahead with the number of votes per day is @surpassinggoogle, voting X6 more per day than @nicolemoker. We can also see that @surpassinggoogle has an average voting weight of below 4%. Voting over 1300 times a day, this does not surprise me.

In terms of pay-outs, in total @sweetsssj has paid out the most in rewards.

Detailed data on Votes

The pie chart above shows a break down per voter of unique authors voted for. @surprassinggoogle is really spreading the joy reaching over 2925 different authors, or 43% of all the authors voted for with this extra delegated power.

A lot of authors got votes over the 77 days of delegation. The tables below shows the authors rewarded with the most $ with this delegated power

We can see from these tables that a number of authors did rather well from this power. Each voter, except @surpassinggoogle has paid out over $1k to a few authors. In fact the table below shows the % of each voter pay-outs that went to their 10 favourite authors.

Combining all of this data into one chart, it is easy to see who has gained the most on a cumulative basis from this delegation. I am not surprised to see that @surpassinggoogle has not made it to this list.

Take a look at the network chart below. There seems to be 3 clusters. @surpassinggoogle and the people he has voted for, @ramengirl and her votes and then the others that received delegation seem to very much share a lot of authors that have received votes.

Are you surprised yet that @ned undelegated his power?

Transfer Data
Along with voting, I have also taken data on transfers for 2017. I wanted to see if there was a change in trend in the volume and value of transfers.

Looking at the image below, the bar chart on the left shows the number of transfers to each of these steemains. There is a rapid growth in the number of transactions to @sweetsssj and @htliao from August. On the right the bar chart shows the value of the transactions received, and we can see that @tumutanti received considerable more in September than ever before.

To put this in a little more perspectives the table below shows a clear representation of these transfers sorted by the total received, from who is was received and how many transactions made up the total.

I also decided to have a dig through the memos. A considerable volume of transactions to both @sweetsssj and @htliao contain links to post in the memo with nothing else.

Reading the top memo on the table below, it very quickly because clear that @htliao was selling votes

However there were no memos of the same context for @sweetsssj so my next step was to compare the links given in the memo to votes given by @sweetsssj. The table on the right shows transfers to @sweetsssj, who it was from, the amount sent and the link in the memo. The table on the right shows votes given to authors, the value of the vote and the link of the post voted on.

The data clearly shows @sweetsssj was also selling votes.

Within the memo for @htliao were also suggestions that @htliao may be leasing out some power

Delegation Data
So a quick check of the data for delegation and I found that only one of the steemains that received this delegated power, also delegated out power

Rewards Data
Finally I wanted to have a quick look at rewards claimed by each of these steemain, both author rewards and curator rewards

The chart below shows the rewards claimed in vests

So there you have it, the data laid out in a clear way for you to decide why @ned undelegated his power to each of these Steemains except @surprassinggoogle.

Do you thoughts on the above data? please do comment below
I am part of a Steemit Business Intelligence community. We all post under the tag #BIsteemit. If you have an analysis you would like carried out on Steemit data, please do contact me or any of the #bisteemit team and we will do our best to help you...

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