How Much Hive?
Not much at all. I asked @dalz this question a couple of days back. The nice gentleman that he is, he always comes back with the data! My question was:
out of SPS stakeholders who holds 200K SPS or more, how many have 10K hive or more
EDIT: Hive holding of TOP 200 SPS Stakeholders
edited based on the newly supplied data from @dalz
Same chart with log-log scale for better visibility
This is the data that dalz provided below, I have re-formatted it a bit and removed two accounts (sps.dao and terablock-bsc, as they are holding accounts).
They are arranged according to their decreasing hive stake. This is because I wanted to see how little hive the top SPS stakeholders own. Now, this is hardly the real top SPS stakeholder (we will get to that, that is easy). Rather they are large enough SPS holder who are holding some hive. There are obviously larger SPS stakeholder out there, but they hold virtually NO hive!
A bit of basic analysis
These are some approximate numbers:
- There are only 46 such accounts! Due to dara parsing issue there were 3 accounts that hold below 100K SPS, if I forget those 3, it is 43 accounts
- At hive we typically believe 10K Hive + HP is a good first target (at 100% voting power that is about 0.10 hive upvote).
- A good second target is typically 100K Hive + HP (1 hive upvote at 100%)
- There are only 11 Splinterlands players who owns 100K hive!!
This is slim pickings!
I do not know the right number of human players at Splinterlands currently. I have heard 5000 to 7000 is a reasonably good number. If we take the 5000 number, then it is 0.86% of the players hold 10K hive or more!
On the scatterplot in the beginning, I marked myself as yellow and marky as red. These are both anomalies, one holds large amount of hive, but little SPS. Likely a card investor, not a player. The other, me, hold large amount of both. Well I am the one making the pitch.
Splinterlands players should hold more hive
I have explained some of the reasons here on a previous post. Let us hold that thought and look at the data slightly differently.
Here the 46 accounts are arranged as per their decreasing hive stake, which is the left vertical axis in a log-scale. The red line represents the hive stake as per users. The right axis is the SPS stake, represented as blue bars. I had to use the log scale for hive, because otherwise it will be very hard to see. You can see the sharp drop by number four hive account and then another drop by mangowambo!
There are lot of large SPS holders in this plot, who hardly hold any hive. Not to mention there are many others who are not even on this chart!
Top SPS holders, Aug 23, 2024
This should be a familiar plot, similar to ones I have presented here. This is off course the top 200 SPS stakeholders. #1 being @vugtis with 41M SPS staked, to #200 being @slobberchops 671K SPS staked. Both happens to be my friends! I am the red bar there at #4.
Here is the current stake status as of Aug 23, 2024
Total Staked SPS in circulation: 873,677,150.17 in 231,990 accounts.
Percentage Owned by:
Top 10: 170,897,964.803 Staked SPS (19.56%)
Top 50: 309,650,659.07 Staked SPS (35.44%)
Top 100: 384,985,427.5 Staked SPS (44.06%)
Top 200: 473,095,028.729 Staked SPS (54.15%)
Here is the current Top 10 holders
We can compare the stats to May 19, 2024; when was the last time I looked at this stat and wrote that post.
Total Staked SPS in circulation on May 19, 2024 : 770,279,561.144 in 309,024 accounts.
Percentage Owned by:
Top 10: 125,410,743.365 Staked SPS (16.28%)
Top 50: 249,194,082.242 Staked SPS (32.35%)
Top 100: 315,892,844.1 Staked SPS (41.01%)
Top 200: 394,989,324.521 Staked SPS (51.28%)
3 percentage point change is noticeable at the top, and the bottom. I call it the vugtis effect!
Consider buying some hive folks!
Its good for you and the ecosystem.
Cheers!
