Can the Data Tell us Why Ned Undelegated so much Steem Power? Steemit Business Intelligence

As fast as it was given it was taken back.  That’s right, Ned has undelegated nearly all the Steem Power that he delegate in August.

The lucky steemains Hive account@htliao, Hive account@linuslee0216, Hive account@nicolemoker, Hive account@surpassinggoogle, Hive account@sweetsssj Hive account@tumutanzi and Hive account@ramengirl   between them received million worth of Steem vests power, which lasted from the 8th August until yesterday

Then, for some reason Hive account@ned undelegated all of the Steem Power Except that to Hive account@surpassinggoogle.

When the delegation happened, I analysed the voting habits of these steemains before and after receiving the extra power and the findings were very interesting. 

If you missed that series of post, you can access them via this link

https://steemit.com/stats/@paulag/how-neds-delegated-power-is-used-part-4-steemit-business-analysis

So why was the delegation removed? Being the data person, I decided to see if the data could shed some light on the situation.

Looking at each of these Steemains I have taken the data from Steemsql held by   @arcange 

High Level Overview – Votes

For this analysis I have taken the votes made during the period of delegation.  The 100% vote worth was taken as the vote worth the day the delegation was made.

 

Based on these values $457K was rewarded in votes from these steemains, with an average of over 3.9K votes per day.  Well ahead with the number of votes per day is Hive account@surpassinggoogle, voting X6 more per day than Hive account@nicolemoker.  We can also see that Hive account@surpassinggoogle has an average voting weight of below 4%.  Voting over 1300 times a day, this does not surprise me.  

In terms of pay-outs, in total Hive account@sweetsssj has paid out the most in rewards.

Detailed data on Votes

 

The pie chart above shows a break down per voter of unique authors voted for. @surprassinggoogle is really spreading the joy reaching over 2925 different authors, or 43% of all the authors voted for with this extra delegated power.

A lot of authors got votes over the 77 days of delegation.  The tables below shows the authors rewarded with the most $ with this delegated power

 

 We can see from these tables that a number of authors did rather well from this power.  Each voter, except Hive account@surpassinggoogle has paid out over $1k to a few authors.  In fact the table below shows the % of each voter pay-outs that went to their 10 favourite authors.

 

Combining all of this data into one chart, it is easy to see who has gained the most on a cumulative basis from this delegation.  I am not surprised to see that Hive account@surpassinggoogle has not made it to this list.

Take a look at the network chart below.  There seems to be 3 clusters. Hive account@surpassinggoogle and the people he has voted for, Hive account@ramengirl and her votes and then the others that received delegation seem to very much share a lot of authors that have received votes.

 

Are you surprised yet that Hive account@ned undelegated his power?

Transfer Data

Along with voting, I have also taken data on transfers for 2017.  I wanted to see if there was a change in trend in the volume and value of transfers.

Looking at the image below, the bar chart on the left shows the number of transfers to each of these steemains. There is a rapid growth in the number of transactions to Hive account@sweetsssj and Hive account@htliao from August. On the right the bar chart shows the value of the transactions received, and we can see that Hive account@tumutanti received considerable more in September than ever before.

 

To put this in a little more perspectives the table below shows a clear representation of these transfers sorted by the total received, from who is was received and how many transactions made up the total.

 

I also decided to have a dig through the memos.  A considerable volume of transactions to both Hive account@sweetsssj and Hive account@htliao contain links to post in the memo with nothing else.

Reading the top memo on the table below, it very quickly because clear that Hive account@htliao was selling votes

 

However there were no memos of the same context for Hive account@sweetsssj so my next step was to compare the links given in the memo to votes given by Hive account@sweetsssj.  The table on the right shows transfers to Hive account@sweetsssj, who it was from, the amount sent and the link in the memo.  The table on the right shows votes given to authors, the value of the vote and the link of the post voted on.

The data clearly shows Hive account@sweetsssj was also selling votes.

 

 Within the memo for Hive account@htliao were also suggestions that Hive account@htliao may be leasing out some power

 

Delegation Data

So a quick check of the data for delegation and I found that only one of the steemains that received this delegated power, also delegated out power

 

Rewards Data

Finally I wanted to have a quick look at rewards claimed by each of these steemain, both author rewards and curator rewards

The chart below shows the rewards claimed in vests

 

So there you have it, the data laid out in a clear way for you to decide why Hive account@ned undelegated his power to each of these Steemains except @surprassinggoogle.

Do you thoughts on the above data? please do comment below

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