Delegating Steem Power is a hot topic at the moment on Steemit. Everyone wants to have more power, and those with Power seem happy to share it. From leasing and renting Delegation to winning it, there are many ways you can get your hands on extra delegated steem power to boost your account.
One of the best ways to get it is to win it. And one such contest that offers Delegate Power as a prize is MSP MakeaMinnow Contest. In this contest you can win up to 10k in Power. Awesome.
12 days ago MSP MakeaMinnow Contest announced #3 winners – You can read the full post here
https://steemit.com/makeaminnow/@msp-makeaminnow/make-a-minnow-3-winner-announcement
but to sum up, won 10k SP,
and
both won 1K SP.
So how is this Delegated Steem Power being put to work?
Well for those of you that are very new to Steemit, the more power you have, the more your vote is worth to an author. It also plays a roles when it comes to earning curation rewards.
Let’s have a look at the data and see how they are using their new found power. To carry out this analysis I can connected Power BI to @arcange's steemsql. I have also used Steemnow to calculate the pre and post vote worth. I have taken the 10 days before delegation as pre delegation and the 10 days after as post delegation.
High Level Overview
Pre Delegation
Post Delegation
In fairness, each of these steemains were active voters before the delegation, however was voting 62 times a day. 2.5 times that of
. This ratio does not change much from post to pre with
killing it with 1041 votes since receiving all that power.
There was a 10% increase in the number of votes made post delegation for the same period of time. That is awesome. But what is even better is the 340% increase in the payout value. This went from $37 in a 10 day period to $164.
The number of unique authors, to my surprise, reduced after delegation!
What also stands out from these two visualizations is the average % weight use in voting. Only has reduced the weight per vote by a material amount.
Detailed Analysis
Pre Delegation Daily $ Given in Votes
Post Delegation Daily $ Given in Votes
Pre Delegation Unique Authors Voted
Post Delegation Unique Authors Voted
Pre Delegation Who is voting for whom?
Post Delegation Who is voting for whom?
Pre Delegation Network Chart
Post Delegation Network Chart
More about MSP MakeaMinnow Contest
both and
making these wonderful prizes possible by delegating Steem.
The contest is ran and coordinated by @Juliakponsford and @Sammosk
I am part of a Steemit Business Intelligence community. We all post under the tag #BIsteemit. If you have an analysis you would like carried out on Steemit data, please do contact me or any of the #bisteemit team and we will do our best to help you...