In this update I primarily wanted to answer a couple questions that my Top Six Hundred Curators Dashboard left unclear.
Number one question that I had was: How much of the total Hive Curation Rewards do the top six hundred curators represent? The answer turned out to be 95%
The second question I wanted to have answered is how do the curation rewards distributed among the top six hundred curators? As you can see from the two new charts pictured above the top 25 curators earned 61.48% of the curation rewards or 147,064 HP from the total of 239,199 HP earned by all 600 top curators. The chart below the first chart shows the distribution of rewards among various rank bands, top ten curators earned 105,673 HP, the next 15 earned 41,390 HP and so on.
Another interesting chart showing curation rewards distribution is the one above. As you can see the curve starts out really steep and then quickly flattens out. This means that curation power on Hive is highly concentrated among just a few top curators. Top ten curators earned 44.18% of the total curation rewards, top twenty five accounted for 61.48% of the rewards and top 52 accounted for 72.89% of curation rewards while top 100 accounted for 81.95% so the last 48 curators in the top 100 curators accounted for less than 10% of curation rewards.
Going up to top 253 curators the total share of the 253 curators is 93.22% of all curation rewards meaning that the other 347 top curators accounted for less than 7% of total curation rewards. And top 100 curators had about 82% while the additional 153 curators accounted for about 11%. It was interesting to see that while I am ranked at 272nd place and earned 87 HP in the last seven days, I am in the band beyond the first 253 curators in that really flat portion of the curve.
I really wanted to see a visual representation of how much do the top 600 Hive curators represent in terms of the rest of Hive curators. The chart above clearly answers that question.
I also added the new seven tiles in the rows two and three pictured above. As we can see there were 8,944 total curators in the last seven days the total HP all curators earned was 251.87K HP from which 239.2K HP was earned by top 600 curators on this dashboard. So top six hundred curators on Hive accounted for 95% of all Hive curation rewards.
These are interesting numbers it shows how Hive inflation via curation is controlled mostly by top twenty five curators who control 61.48% of inflation and by the time we account for the top 600 curators there is only 5% of Hive curation rewards left to distribute among the remaining 8,344 curators!
I have also added a new chart that looks show the APR spread in each of the ranking segments. As you can see our top curators by the number of curation rewards have a very good curation efficiency as well as a pretty narrow APR spread. For example the top ten curators have a median efficiency of 8.51% and the spread is between 5.52% earned on curation and 10.11%
The next fifteen curators have a higher median efficiency of 8.58% and a spread that has a higher low of the band and lower high of the band at 6.68% and 9.77% curation APR earned. As we navigated down the ranking segments we see that Median APR tends to drop and the spread widen with the bottom 350 curators having the widest range of APRs between 0.64% and 15.07%
Another new chart lets you compare stake vs rewards, with bubble size showing payout count and color showing APR bucket. Interestingly higher number of payout events (or how many times the curator has voted) tends to correlate with higher efficiency at all staked Hive levels.
This other new chart is trying to answer the same question and provides a different view on the same subject matter.
There are a few more updates to the Top 600 Curator dashboard, so click here and check out the latest updates!
I am a Hive Witness and would really appreciate your vote for me as a witness: https://vote.hive.uno/@seattlea
If you prefer your Hive Witnesses to never power down I am one of those Hive Witnesses. I believe that unless you are a top 20 witness and running more than just a Hive Witness node then you don't need to power down.
