You are right to have concerns :)
Here are some directed responses:
Uncapping the ROI is not a good solution. The bot profits then(when I had uncapped ROI) were about 30% of what they are now. I hope this gives you an answer about how much a small uncapped bot makes. The delegators are much better off now. I don't have any solid data to back this up, but I believe
is one of the most profitable small bots out there, mainly because of the cap
I would not care so much about giving high ROI votes, were it not for the fact that
runs with leased SP. Let me explain this to you. At the moment,
has 1,376 SP in total with 1,357 SP delegated. There are 4 delegators to
: myself(316 SP), you with 20SP and two others, with 10 SP each. The rest of the SP, I have leased using minnowbooster and will expire in a few weeks. So I have paid to lease 1000 SP with my own steem, hence each time
gave a very high percentage ROI, that steem was literally paid by me.
Which brings me to my last point, the self voting when the bot is idle(fortunately a rare occurrence). Yes, this is a temporary solution, I am trying to think of something better, like giving votes to delegators, which I am sure would be a very interesting value proposition. The problem is distributing those votes fairly between delegators. As I am currently responsible for delegating more than 95% of the bot SP, yeah, I am self voting, guilty as charged :)
RE: Introducing a more balanced approach to bidding bots