STEEM POWER retention ratio of top 50 witnesses

by joviansummer original STEEMIT post: https://steemit.com/blog/@joviansummer/steem-power-retention-ratio-of-top-50-witnesses Hello, this is @joviansummer(witness: @jswit). Some time ago there was a bit of discussion on discord witness chanel about witnesses' power-down/cashing-out. So out of curiosity I just checked current ratio of witnesses' own STEEM POWER(VESTS) and all-time producer reward(VESTS). The ratio is calculated by the following simple formula: ratio(%) = account's own SP(MV) / all-time producer reward SP(MV) * 100% Ratio value less than 100% indicates power-down. If witness does additional power-up or gets other types of reward(e.g., curation reward), the ratio may exceed 100%. This does not take witness' other accounts into consideration. All-time producer reward data is from @steemchiller's SDS API. Here is the result: rank account own_sp prod_sp ratio 1 justyy 2188.411MV 1284.2MV 170.41% 2 steemchiller 982.134MV 124...

GentBG x PUSSTEEM - burning both STEEM and PUSS

by joviansummer
original STEEMIT post: https://steemit.com/blog/@joviansummer/gentbg-x-pussteem-burning-both-steem-and-puss


Hello, this is @joviansummer(witness: @jswit), developer of GentBG project. I registered @gentbg account to PUSSTEEM about a week ago and donated some of my own PUSS token to @gentbg's EPUSS account. Now, @gentbg will burn STEEM and EPUSS at the same time.

PUSSTEEM's boosting upvotes will help increasing baseline burning significantly. @gentbg's SP reward is delegate to @jsup to get automated upvotes, forming a baseline burning of liquid reward independent of other people's upvotes.

Some may argue 100%(both liquid and SP reward) burning is much better, but I chose this approach to prevent @gentbg from becoming a spamming account. Constantly asking for upvotes via mentioning and commenting every week may eventually become a big annoyance to curators. That being said, anyone is welcome to participate in countering STEEM inflation by giving upvotes to @gentbg's posts.

Thank you for reading, and have a wonderful day!

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