Today, I thought it would be interesting to update my data on owned and delegated stake in order to see how bot delegation has changed in the not quite 2 months since I wrote, Programming Diary #31: Beyond Proof of Brain.
In December, as you may recall, delegation bot accounts owned roughly 4.54% of SP, and they controlled (through ownership or delegation) 37.37%. In raw numbers, they owned ~14.05 billion VESTS, and controlled ~115 billion.
December 16, 2024
What do we see today, about a month and a half later?
February 2, 2025
Today, the bot ownership percentage is slightly lower at 4.49% and the delegated control percentage is slightly higher at 37.6%. In raw numbers, however, their ownership stake has dropped from 14.05 billion VESTS to 13.8 billion, and their delegated control has remained constant at about 115 billion.
In bullets:
- Bot delegators maintained their delegations
- Bot owners powered down slowly
- Accounts with undelegated stake powered down more quickly
(this could include stake held by bot delegators and non-delegators)
What does this tell us? It tells us that the delegation bots gained percentage in the ecosystem not by growing their own share of the ecosystem, but rather because the non-bot amount of powered up STEEM shrank.
It's probably worth noting that in recent weeks there have been some unusually large powerdowns from some previously inactive accounts, so I don't think any conclusions can be drawn from these observations. However, it might be interesting to check in on this metric from time to time in the future.
Thank you for your time and attention.
As a general rule, I up-vote comments that demonstrate "proof of reading".
Steve Palmer is an IT professional with three decades of professional experience in data communications and information systems. He holds a bachelor's degree in mathematics, a master's degree in computer science, and a master's degree in information systems and technology management. He has been awarded 3 US patents.
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