Comparison of Delegation Services based on data

in hive-102132 •  2 years ago 

Hello Steemians! Recently, various new services are being launched on Steem. To prevent user confusion and provide accurate information, today we will compare delegated services based on data.

Key Statistics of Delegation Service

NameUPVUUpexAvle
Delegated SP29M2.1M1.6M
Own SP1,885k5k17k
Voting Power79.73%64.72%94.92%
Operator@realmankwon, @happyberrysboy, @donekim❓N/A@steem-agora (=@veronicalee, @oldstone), @etainclub, @joviansummer
Witness Backer@upvu.witness, @dev.supporters❓N/A@steem-agora, @etainclub
Launch date2020.06.18.2023.01.25.2021.05.06.
Account@upvu@upex@avle
Dashboard Websitehttps://upvu.org/
Curation Reward Sharing
Non-post Boost
TRX Reward Sharing
1Day-1Vote Status
Over-delegation Problem✅ No Probs✅ Payback with STEEM❌ (No Solution)

If you tell us who the developer or sponsor of @upex is, we will revise the data to reflect it.

[NOTE]
Congratulations to our good friend @bangla.witness today in collaboration with the @roadofrich team on the launch of @nixiee, a new delegation service. We always appreciate the dedication and hard work of the bangla community and its leaders (@rme, @hungry-griffin, @moh.arif, @rex-sumon) and warmly welcome the addition of some great initiatives.

Since nixiee has just been released, it is not appropriate to use the current data, so we inform you that we did not include it in this delegation service comparison post.

Comparison of Voting Efficiency

Many users compare the voting efficiency of delegation services based on a very small amount of SP, but this is an incorrect calculation.

Since the Steem blockchain introduced a Convergent linear reward curve after HF21, the upvoting reward increases by a higher multiplier as the delegated SP increases.

Let's take a look at the following reward curve.

the reward curve is significantly lower for lower SP (less than 1 million SP), and the curve rises as the vote with net SP value increases, becomes linear after 1 million SP.

Many users compare the voting efficiency of delegation services based on a very small amount of SP, but this is an incorrect calculation.

Since the Steem blockchain introduced a Convergent linear reward curve after HF21, the upvoting reward increases by a higher multiplier as the delegated SP increases.

Let's take a look at the following reward curve.

Looking at the data instead of graphs:

Therefore, if you want to make an accurate comparison of voting efficiency, it is most accurate to look at the reward of other users who are delegating a similar amount to the SP you want to delegate. For example, if you want to delegate 200k SP, comparing based on 1,000 SP is completely inaccurate data.

Let's take a look at an example

UPVU vs Avle (if delegated 370k to 380k)

What is the upvote reward for both of them? @steem-agora got an upvote worth $18.85 from Avle, and @wjs got an upvote worth $52.32 from UPVU.

The difference in the number of delegates between the two is only about 3%, but you can see that the value of upvoting differs by x2.77 times.

Of course, this is a problem that appears because the @steem-agora account has over-delegated to @avle, so upvoting is only possible up to x5.


<Screenshot of @steem-agora's delegation status>

< The value of upvoting from Avle>


<Screenshot of @wjs' delegation status>

< The value of upvotes received from UPVU>

More Options for Users are WELCOME!

More recently, there has been a growing number of delegation service options for community members to choose from, including @upex, @avle, and @nixiee. This is really welcome from the perspective of the Steem ecosystem as a whole.

However, some members are maliciously spreading misinformation and FUD. So we wanted to provide accurate information based on all things data. We are always ready to collaborate with @upex, @avle and @nixiee if necessary, and under no circumstances will we attack or criticize other services.

As always, we will work to enrich and expand the Steem ecosystem.

UPVU Team

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Do you know what is going to happen with SteemEngine, I see it is back up and running.....
Also TRX , I have been getting rewards in my wallet, will UPVU start paying out TRX rewards?

Unfortunately, we decided to give up SteemEngine system. UPVU token will migrate to our system(upvu.org) as the same amount within 1~2 months.

And @upvu didn't any TRX reward recently.
So we can't distribute TRX reward.

Please refer that.
Thanks.

  ·  2 years ago (edited)

@upvu, @realmankwon, @happyberrysboy, I am unable to login the upvu.org site by keychain and direct login. It shows "Process could not be completed due to server error". Can you give some light on this?
I am 4-5 years old steemit user and using upvu from years.

Click the bin button!!
Try to relogin!!!

Thanks.

My pleasure!!! :)

@upvu plz upvote my photography post i am beginner support me love from @mrdani12

Friends will it be possible to get better earnings by making alliance with you because with the clubs and the absence of votes Venezuelan users like me what we are enduring a total dynasty and the truth quieto move forward please on a tip how to achieve get alliance with @upvu? We also want to move forward and see some light