Our weekly report for both delegators and token-holders of M.
Delegators have received their token distribution and token-holders see the price rise a significant amount.
M News
We managed to salvage this week with a strategic voting blitz a few days ago, so our payouts are back up compared to last week.
They are not quite back to where they were a few weeks back. We shall monitor the Hive blockchain yields as the economy adjusts to HF25 and see whether the new economy will be different.
I have finally made a change to the MAPR token, so expect something similar for M. I will give it another week to run, then announce it in a separate post.
One change to our terms. Please see below that the minimum delegation has been increased to 100 HP. Honestly, delegating 10 HP is not of much use to anybody! For the moment, we are allowing existing delegators under 100 HP to continue receiving distributions, but any changes in the amount delegated must then meet the new minimum. We reserve the right not to issue rewards to such accounts if they do not meet the new minimum. Thanks to a few members who I notice have increased their delegations in recent weeks.
We continue to navigate through a volatile period. It remains interesting to see that what may be good for HIVE need not always be so good for the tokens priced in HIVE.
The Numbers
Distribution to delegators = 0.224% = 11.7% APR
Buyback price = 0.949 HIVE (+0.0005) = +2.8% APY
Hive gross actual vote = 21.9% APR (-0.8)
Hive net author rewards = 10.4% APR (-0.6)
Dlease Hive lease max = 12.9% APR (-1.2)
The Hive vote estimates are calculated based on the average weekly prices. The "gross actual vote" is now calculated based on our HP and is the same as the old "gross linear vote", that we have now removed; the "net author rewards" estimates the payouts adjusted for HBD and assuming a "gross actual vote".
Minimum delegation is 100 HP. Changes in delegation, including new ones, start earning rewards after 2 days.
Existing delegators under 100 HP who change their delegation must then conform to the new minimum or forfeit earnings.
The buyback price increase is shown as an APY because members are automatically compounding their tokens, whereas the distribution uses an APR value as that reflects the delegation income. Older-style info can be seen in our last post using the old format. The new format is explained in more detail here.
Have a fine week!
Any questions, please ask in the comments below or in our public chatroom.
[BUY MPATH] - [READ MPATH]
[BUY M token] - [READ M posts]
View or trade
BEER.Hey @accelerator, here is a little bit of
BEERfrom @pixresteemer for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.Your content has been voted as a part of Encouragement program. Keep up the good work!
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for Proposal
Delegate HP and earn more