Benefactor Reward: A quick look into the vesting rewards

Introduction

The Hive ecosystem divides the post reward into 3 shares, namely author, curation and benefactor reward. The author reward is a share of the post value which is split equally into hbd and hive power. Curation rewards are a percentage paid to curators in vesting (hive power). Benefactor Rewards are shares allocated to beneficiaries or apps (frontend) being used by the author. The benefactor reward helps developers to earn hive from their projects.

In this blog, we analyzed the benefactor rewards. The aim of the analysis is to explore which tribe or apps is getting most of the vesting shares from the benefactor reward pool. By looking into it, we can see which app getting the most number of engagement (in terms of posting). The analysis coverts all benefactor rewards received between January 01, 2021 to January 22, 2021.

Vesting Payout to Benefactors

Daily Vesting Shares from Benefactor Rewards

A total of 46.82 M vesting is paid to the benefactors in a 15 day time frame. The lowest vesting payout is 1.57M vesting in January 8 while the largest payout is 2.93M vesting in January 10. On average, the daily benefactor rewards amounts to 2.229M vesting. The trajectory of vesting payout for benefactors is observed to have an up trend as more posting and engagement is happening in the platform.

Min, Max and Average Vesting from Benefactor Rewards.

Vesting payout distributed to benefactors

Reward.app (@reward.app) accumulates the largest vesting share with 15.05 M vesting. This is followed by Project Hope (@ph-fund), Threespeak (@threespeakwallet), Edicted (@edicted), and Dtube (@dtube) with 7.24 M, 4.98 M, 3.12 M, and 1.11 M respectively which rounds up the top 5 vesting earner.

Reward app engagement is attributed with users who want to have more control of their hive payouts other than staking it to hive power. At the top 10, video content platform such as @threespeak and @dtube in hive ecosystem gains significant vesting. Peakd (@peakd), a popular frontend, gather around 567.108k vesting through benefactor rewards while Actifit (@actifit.pay), a popular fitness app, received

Aside from popular frontends, there are personal accounts that received substantial vesting share from benefactor rewards. In top 20, @edicted, @melinda010100, @vimm, @joshmansters, @ybanezkim26, @drrune, @victor-alexander, and @jznsamuel. Among these personal accounts, @edictted received 7.24 M in vesting from benefactors reward.

Final Thoughts

The 46.82M vesting received can signify two things: posting and users. There are a huge numbers of active users in the platform (that is a good thing). Also, engagement through posting contents is steady and have a significant volume to earn as much as 46.82M vest in benefactor rewards. The current data looks promising to the benefactors. As I observed, there is an up trend in the data set. We can expect a steady value around the average of 2M vesting for benefactor rewards. In terms of the top benefactors, I projected @reward.app continues to dominate while others may sustain its ranking.

All data is accessed using the @hivesql database.