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RE: Bidbot Income Analysis shows bid bots earned 19% of the Rewards Pool in 2018
That is a sizable chunk of the reward pool that could be helping dapps and authors! I still feel the only ones really benefiting are bot owners though! I’d understand if you using it as a passive way to make funds for a dapp or community but if it’s just to extract more rewards over time I’m not sure how that helps! Bid bots are here to stay we just need to find smarter ways of using it
Very interesting findings though
Posted using Partiko iOS
Take a look at the accounts of the top users. They are all doing very well - much better than people that do not use bots.
Oh I’m sure they are, whale support is great but whale support is few and far between! Not many accounts get to that level bid bots are like the quick equivalent!
Posted using Partiko iOS
And the #1 account is a whale. Guess inflation is not enough, gotta fight for that reward pool too.