RE: Steem econometrics: efficient upvoting

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Steem econometrics: efficient upvoting

in econometrics •  7 years ago 

Cumulative awards and vest efficiency on the same graph:

efficiency-distribution-cumulative-awars.png

This shows that most awards go to those with low efficiency scores. Which is not too surprising if we think of this in alpha/beta terms. There's only so much alpha to go around.

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Especially since the highest rewards come from voting in front of the largest accounts.

Hm... or at the front of a vote chain.