Hello EDS'ers. Today is the day we issue the EDS weekly report to keep all your guys up to date and let you know how things are going.
What are EDS tokens?
EDS tokens are HIVE income tokens that payout weekly dividends every Monday based on 12% of the total powered up balance of the eddie-earner account. This is currently paying out an APY to tokens holders of over 23%.
- EDS are pegged to 1 HIVE per token
- 12% of over 40,000 HIVE POWER pays out (40000*12/52.18) 91.89 per week
- 20,800 EDS in circulation each yield (91.89/20800) 0.0044 HIVE per week
- 0.0044 each week for 1 year equals 0.23 HIVE
- 1 EDS pays out a HIVE income of roughly 23%
EDS tokens launched with a hardcap of 500,000 and public sale 20,000 tokens each issued for 1 HIVE each. The only way to mint new EDS tokens is by owning and staking EDS miners (EDSM) tokens. These cost 10 HIVE each and yield a 20% minimum ROI per year. There are only a few hundred left for sale and then we release a new miner that will push EDS APY to 35% plus.
EDS converts all earnings, airdrops, tribe tokens into HIVE. This account is 100% focused on powering up as much HIVE as possible. It's just that single-minded. This projects weekly saving club content is run by @shanibeer and wallet by @silverstackeruk both on behalf of SPinvest. This is a long term project and should be viewed as a token to stack up and HODL. By some miners, let them mint you some EDS tokens, build a pile and collect weekly HIVE dividends. In other words, bu some EDSM miners and forget about it. Add a few every week/month and watch your EDS pile grow. You can also buy EDS directly from the market, if you add a buy order for any amount at 1 HIVE each, it'll get filled. It might take a few days but it'll get filled as some miners like to sell their mining rewards right away to lock in them profits.
It's been another great week for EDS. Someone bought up around 75 miners adding 750 HIVE to our HIVE POWER so APY has increased again. There are only 137 miners left and then we'll release the next and final miner. I think more people are starting to see EDS in the 7-8 weeks. You can see below that HIVE Power for the next 4 weeks of the year grew by around 50 HIVE per week and then from week 6, things have been speeding up. Our HIVE income has increased by 0.2% this week which is awesome and you can see below that the proof is in the pudding. The HIVE income pool increases each and every week, they are small increases but up is up.
This week we got the 3speak airdrop and i was able to convert it to 36 HIVE which was powered up (obviolousy). I dont see eddie-earner uploading videos and the model is HIVE only so we stick to the rules. To the best of my knowledge, we'll get this 11 more times. I'd assume it'll be worth less HIVE each time but free and free and we'll take it with open arms.
How do you build a HIVE income that only ever increases over time?
If the EDS project sounds right up your street, there are 2 ways to get your hands on EDS tokens. Building a HIVE income is one of those things that's it's better to get started sooner than later. We all put money aside for a pension/old age with the money we earn from jobs, why not do the same with blockchain earnings? If blockchain is the future, why not be playing the game of life 3 steps ahead of everyone else? There's no day like day to start increasing your income and the snowball effect is real when you have patience.
Mine them
The first is buying some EDSM tokens. These will always produce a min APY of 20%.
https://hive-engine.com/?p=market&t=EDSM
Buy them
Or buy them directly from hive-engine from someone looking to sell out. You can place a buy order for 1 HIVE and just wait, it will get filled.
https://hive-engine.com/?p=market&t=EDS
Weekly Roundup
Things have been continuing to go great for this project. I hope we sell out of the EDSM miners within the next weeks and then we can get moving on with the mini miner and get the EDS APY to 30-35%. When the time comes, I'll upload a post with full details and future prediction APY's based on running a few different simulations.
The wallet is getting closer to the 50k HP mark and we'll get there soon. Lastly, i have put up a 100 EDS buy order on hive-engine for 1 HIVE each. If your looking to sell a few, i'll buy them and burn them.
Great start to the week, dividends will go out this evening folks. Have a great week.
@eddie-earner is operated and its wallets/funds are backed by SPinvest
Great to see steady progress and lovely to see Saturday Savers extending into EDSMs 😍.
One of my favorite investments. No thinking required. I bought some miners about a year ago and have done nothing since. I just collect the EDS and those continue to increase my weekly HIVE payments little by little. Set it and forget it.
Posted Using LeoFinance Beta
For the second week in a row I haven't been getting dividends. The income tokens are still in my account. The system has been flawless for the past months, I have no idea what might be the issue. Can someone look into it, or suggest a recourse, thanks.
I've raised a query for you.
You can always raise queries directly in the #eddie-earner channel in Discord: https://discord.gg/EPfBPhTk
Brilliantly solved, much appreciated.
I didn't know about the channel, I'll drop by.