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RE: SP distribution by account sizes
Yeah, I hadn't looked at details but I was assuming it was on the exchanges. A quick look confirms that a handful of exchanges account for most of it.
That raises a topic that was discussed years ago. The conversation vanished with the Witness Wars, but I wonder if someone could get some exchanges to start offering staking services. JS was big on that topic right after the acquisition...
Update: Same with SBDs
It would probably be a big accounting headache to match individual staked amounts on the exchange to the amount powered up/down by the exchange account. They would probably also have a hard time tracking and reporting the "staking rewards" to distribute to individual accounts.
Yeah, it would be a pain to code, but not insurmountable, I guess. Coinbase does it with Ethereum and other tokens.
I'm not actually sure if it would be good for STEEM, though. I am pretty sure that it would drive down the interest rate (which is small to begin with). Not sure if it would impact curation rewards.
I agree that it's likely possible, but I doubt an exchange would want to do a lot of custom coding support for Steem, especially since there isn't easy API support for it.
I'm not sure how other chains do things, but I suspect their staking rewards are tied to particular transactions on the chains rather than the vests/SP thing that Steem does, so they look more like discrete transfers that can be credited to individual accounts on the exchange.
I think it would only do that if the exchange accounts voted, the rewards distribution is based on actual votes recorded on posts, not possible voting power.
Yeah, that's what I was thinking...
I'm not sure who that dunamo exchange is, but with 190 million STEEM, they could maybe collect some nice fees with a staking service. Might be worth the effort. No idea, but that's a lot of STEEM.
Well, Dunamu is a company name. It operates Upbit, the cryptocurrency exchange with the largest market share in South Korea.
Hope this help. :)