So this analysis is fairly skewed in that it includes whales. Delegation is highly incentivized as a whale, with nominal monetary risk, while a redfish and minnow would need to delegate a higher percentage of their vests in order to achieve a much lower "return" on their vests.
Secondly, if your "free" delegation includes whale accounts owned by Steemit Inc, your results will be further skewed and misleading.
Finally, an interesting view would not be delegation by category as much as delegation from whales to whales vs whales to minnows vs whales to redfish, or dolphins to whales, dolphins to minnows, etc. When looking at the data from this point of view, you wouldn't need to exclude the bidbot accounts as they would fall between the dolphin and whale categories.
It would be interesting to see how Many Vests allocated to bidbots come from each category of accounts. How many minnows and redfish are delegating 50% or more of their vests to a bidbots? How many vests of a bidbot come from 1 or 2 whales?
Thanks for sharing!
you have asked some interesting questions, thank you very much for your feedback