RE: Utopian-io Vote Analysis: January 2019
Hi @miniature-tiger,
excellent follow-up to the December report! Close to a quarter of the voting power to the mod rewards is quite a lot and certainly something to keep an eye on. I'm glad the contributions share increased as well. The breakdown by category is very helpful. Having a good balance between the larges categories (in terms of vote value) looks like a healthy state. However, as pointed out by @espoem, the number of contributors can be quite different across the categories. How did 'blog' gain 10% of the overall vote shares even with a slight decrease in the number of contributions?
The distribution across contributors is very impressive! Can you remind me of the y-axis units here, is it SBD?
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Hey @crokkon!
The table of numbers in section 3 is a count of contributors over the month rather than contributions. I keep meaning to add a count of contributions but it requires a second run of the analysis. Maybe next month!
Anyway, we've gone from this in December:
To this in January: (charts on the same scale)
So it's a general increase in the rewards per contributor, particularly at the top end. Some of this I would expect to come from the increased potential rewards from the max percent hike in mid-December. But mainly it's likely to be from a jump in the number of contributions from each contributor.
All the figures are vote percentages awarded by Utopian. So it can be thought of as awards rather than rewards. The total vote percentage for the month is around 33000%, i.e. 330 100% upvotes, slightly more than 10 100% upvotes per day which is due to the compounding effect of batch voting.
Translating across to $rewards from these figures will depend on the Steem price and the position of each vote in the voting batch. So the comparative charts would look a little different expressed in rewards. I think a rough conversion in January would be around 60/70%, so a score of 800, i.e. 8 100% upvotes would be around $500.
Thanks for the review!
Oh, apologies, you are of course right, I misread the table on the contributor counts even though it's correctly described. Thanks for the clarification and additional information on the vote distribution! :)
Thank you for your review, @crokkon! Keep up the good work!