Warning: Steem witnesses executed a hard fork on 2020-05-20, seizing 23.6M STEEM from 65 accounts. The funds were transferred to an account named @community321, the ownership (and intentions) of which have not been revealed. The witnesses claim to have been targeting accounts which defended against a hostile takeover in early March, but at least 2 accounts on the list have been inactive for over 4 years.

Coverage:
- Decrypt.io: Steem network to seize $5 million from its own users
- SteemPeak.com: Official Announcement by @softfork22888
- GitHub.com: view steemd HF23 changes

What you can do:
- Send exchanges a notice of the pending class action lawsuit.
- Switch to HIVE, the community-led fork. Visit Hive.blog and Hiveblocks.com.

Palcoin report #28 - After Proof Of Moderation by gerber

View this thread on steempeak.com
· @gerber ·
$0.95
Palcoin report #28 - After Proof Of Moderation
![palcoinreport9.png](https://files.steempeak.com/file/steempeak/gerber/acJ7tUKv-palcoinreport9.png)


The post is divided into 4 parts: **PAL bidding system, Stake allocation, Circulating supply & liquid PAL, Price**. Everything will be daily updated, and we will see how it changes over time. If u have any idea for some stats, let me know :)

No claimdrop stats already, 48 hours left, just a few people claiming every day. We can expect around 40% claimed.
Also, moderators just get rewards from Proof Of Moderation. I expected charts to change much more with that.

## PAL bidding system

PAL bidding system was used 773 times in total for the total amount of 4866 PAL.
In the last 24 hours used 36 times, for 221 PAL.
Average value per day: 221 PAL

![bidbot17.png](https://files.steempeak.com/file/steempeak/gerber/ET3rdaa1-bidbot17.png)

## Stake Allocation 

From now, on top 1 is an account created to downvote spam on palnet, with 100K PAL in stake. I will include that in total stake but ignore for allocation chart.

Total staked pal: 1.853 M PAL **5% raise** in 24 hours
Top 99 accounts: **63.37%**
Top 100-200 accounts: **10.25%**
Rest: 200-1730 accounts **26.36%**

![stakeallocation23.png](https://files.steempeak.com/file/steempeak/gerber/sZdQxJQ5-stakeallocation23.png)

![domination10.png](https://files.steempeak.com/file/steempeak/gerber/gyYdu4qq-domination10.png)

To be in the top 100 u need to stake **2500 PAL**, for the top 200 u need to stake **1227 PAL**.

## Circulating Supply & Liquid PAL

I am going to ignore token sale order as it is out of the game, for now, to calculate liquid PAL.

circulating supply: 15.115 M
token sale order: 12.610 M
staked PAL: 1.853 M - **73.7 %**
Powered down PAL: 66K **2.6 %**
liquid PAL: 0.595 M  - **23.7 %** 

![liqu6.png](https://files.steempeak.com/file/steempeak/gerber/duniOhpH-liqu6.png)

That may be a very important factor for future price development

## Price

The volume at  **1800$**. The price is little up, in frame **0.42-0.44**, Big buy wall at **0.4**

![chartcandle22.png](https://files.steempeak.com/file/steempeak/gerber/R38tzX5q-chartcandle22.png)


###### *Disclaimer: Iā€™m not a financial advisor. The content in my post only serves as information about PAL. Any information in this article is not an advice nor recommendation to either buy or sell. :) *
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vote details (41)
@oldtimer ·
>Also, moderators just get rewards from Proof Of Moderation.

??
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@gerber ·
10k PAL for each moderator, check whitepaper. For 11 months, every month
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@onealfa ·
Many thanks. Always love to see some statistics, and exact figures.
šŸ‘  ,
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@haikubot ·
<em>Many thanks. Always 
Love to see some statistics, 
And exact figures. 
</em>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>- onealfa</sup>

---
<sup><sup><em>I'm a bot. I detect haiku.</em></sup></sup>
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@crokkon ·
Thanks for the stats! Could you briefly explain or give a pointer to read up on what the "PAL bidding system" actually is?
šŸ‘  , ,
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vote details (3)
@gerber · (edited)
$0.02
All of those new platforms PAL, LEO and others have their own bidding bot. U can exchange tokens for upvote in steem(only in steem, bots don't stake tokens). A portion of tokens send to bot are burn, rest goes to SP delegators. Value of vote is calculated from the actual price, and gives small profit, same as with other steem bidding bots. 

Even DEC earned by playing Steemmonsters can be redeemed for votes.

link to detailed information about PAL bidding system 
https://steemit.com/@minnowsupport/introducing-the-minnowsupport-tokenized-bid-system-for-community-upvotes

It's nice to test it when the price is up :)
šŸ‘  
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@crokkon ·
thanks a lot for the insights! :)
šŸ‘  
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