RE: Does Steem have a Tragedy of the Commons dynamic?

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Does Steem have a Tragedy of the Commons dynamic?

in economics •  3 years ago 

Most bid-bots have delegations. The vote value of authorized (delegated) accounts / bots can be reduced by 50%. For example, let's say a regular user can vote for $1 with 10,000 SP. With delegation, another user with 10,000 SP can be arranged to vote for 0.5$.

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