EDS income token weekly report - 94

in #hive4 months ago

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.

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What are EDS tokens?

EDS tokens are HIVE income tokens that pays out weekly dividends every Monday based on 12% of the total power up the balance of the @eddie-earner account. This is currently paying out an APY to token holders of over 28%.

(Example of how the HIVE income pool is worked out)

  • EDS is pegged to 1 HIVE per token
  • 12% of over 104,000 HIVE POWER pays out (104,000*12/52.18) 240 per week
  • EDS in circulation each yield (240/40,000) 0.006 HIVE per week
  • 0.006 each week for 1 year (52.18) equals 0.31 HIVE
  • 1 EDS pays out a HIVE income of roughly 31% per year

EDS tokens launched with a hardcap of 500,000 and a public sale of 20,000 tokens each issued for 1 HIVE each. There are 2 ways to mint new EDS tokens. 1 is by owning and staking either EDS miners (EDSM) are EDS mini miners (EDSMM) tokens and 2 is delegations HIVE POWER to @eds-vote. EDS Miners yield roughly 20% per year and EDS-vote yields around 4-5%.

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. Buy some miners, let them mint you some EDS tokens, build a pile and collect weekly HIVE dividends. In other words, buy 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.

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This week's numbers

Here you can see the progress of EDS from Jan 2022 to date.

WeekEds CirculatingEDS mintedHIVE POWERIncome poolEDS APY
123,024.0088.3842,453.0097.6322.13%
523,406.7896.6042,666.4198.1221.87%
1023,777.8692.0044,567.00102.4922.49%
1524,115.4697.4646,968.00108.0223.37%
2024,593.8692.0048,205.00110.8623.52%
2525,276.00196.0057,895.00133.1527.49%
3026,164.00190.9462,567.00143.8928.70%
3527,156.86203.2067,552.00155.3629.85%
4028,138.66197.4074,350.00170.9931.71%
4529,125.66192.2074,809.52172.0530.82%
5030,473.06462.0086,169.46198.1733.93%
5532897.36297.1098,853.25227.3437.19%
6033,382.46298.20101,628.19233.7236.53%
6534,893.46294.60102,223.83235.0935.16%
7036,469.58319.61102,880.59236.6033.85%
7538,136.80318.28103,552.48238.1532.58%
8039,872.92349.80104,470.72240.2631.44%
8541,665.69379.12105,319.93242.2130.33%
9043,569.61359.68106,530.84245.0029.34%
9143,936.88367.27106,776.94245.5729.16%
9244,306.81369.93107,022.40246.1328.99%
9444,607.01363.20107,240.74246.6328.81%
WeekEds CirculatingEDS mintedHIVE POWERIncome poolEDS APY

Lets get a look at the charts this week

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363 EDS minted this week. Thats about 296 minted from EDS miners and 67 from @eds-vote. Our yearly mintage is currently under 20,000 and with 455,000 left, we have plenty of years left in the tank. Little but often mintage helps EDS to control its APY. I am fully aware, i could list 100,000 EDS on the market for 1 HIVE each and they would all sell out in a few months but things are going ok this way 😏

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Decent increase of 220 HP this week. This is less than normal but little to complain about as it still has over 200 HIVE and reps over 10,000 HP growth per year. It's pretty much 10% growth on the account balance with a projection to grow by 3-6% per year. Translated into simple terms = smashing it and we can even start to see on the chart the increase each week.

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This week the HIVE income pool increased by 0.5 HIVE. Thats what 12% of 220 HP equals when split from yearly to weekly. Why 12%, because the HIVE income pool is equal to a 12% APY of the @eddie-earner HP balance. 12% is the magic number and those that remember the EDS cartoons will remember this 😁

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Goof lord, that chart is starting to look nasty. I wonder what someone who is new to EDS thinks when they see that chart. I'd guess 95% of the people reading this see this weekly decline as normal by now but for people just finding out about EDS, it is bound to look funny to them. If this is the 1st time you have seen this chart, please drop a comment and let me know what you think about it. lol

I dont count weeks anymore, the EDS APY has been declining near 7 months but we're still good, we're still out 28.81% in liquid HIVE each Monday evening.

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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 when 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 1st EDS miner (EDSM) is now sold out and can be bought from the hive-engine market by clicking here

The 2nd EDS mini miner (EDSMM) is now sold out and can be bought from the hive-engine market by clicking here

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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. Click HERE

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Weekly Roundup

Killing it as always, EDS-vote just got a big boost and we're back to over 100,000 HP being delegated to @eds-vote. Whats the next level up from killing it? thats what EDS is doing. Im gonna call it GOD tier/level.

We've had another GOD tier week, EDS mintage, HP growth and HIVE income pool are all as consistent as they always are. We see growth each week and because we've been compounding down for 3 years, we are starting to see the snowball.

HIVE income payments will go out this evening have a great week everyone.

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@eddie-earner, its wallets and tokens are managed and backed by SPinvest

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EDS Report Subscribers

@siddhartaz, @dkid14, @noctury, @stickupboys, @ericburgoyne

Sort:  

EDS is unique in providing a long-term, low-risk, low cost of entry passive income. It is attracting people specifically because of the twenty-year release of EDS tokens, people who are thinking about retirement income, planning for their children's education etc.

What I notice most about that long slow decline on the right is that it is still higher than levels on the left - when even they were good in their time!

Can you add me to the subscribers' list please.

That's indeed a great way to look at it, although I'm afraid it will slowly creep down to those levels over time before the flippening :-P

All depending on EDS-vote performance and any possible airdrops or other windfalls of course, I imagine a full on bull run could be very fruitful for any project too!

You're a happy little soul, aren't you? 😜
It's taking much longer to decline than it did to grow and the decline was always built into the fund. Four years in, everything is going to plan.

The EDS APY came from selling EDS miners but yep, everything is going to plan. eds-vote was not part of the plan at the start so its speeding everything up for us.

and added you to the sub list 😁

Haha sorry did that come across too negative? I meant it in the most positive way possible, things are indeed on track but I just like to keep a realistic and conservative estimation when looking at the future..

Plan for the worst, hope for the best kinda guy 😉

And like you said, there's people here that actually plan for the far far future and that alone is something rather unique in crypto, where else do you see that? (Ok maybe some btc maxis?)

!BBH

Cool 😍

EDS holders in the same camp as BTC maxis ... that's a mind-blowing idea 😂

Haha, well I do think some plan to hold their btc forever so in that sense they're looking long term too just like EDS.. so basically the same 😂😂

@shanibeer! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @riandeuk. (1/5)

Another good week. Love seeing EDS vote going up. Nice work getting more to delegate.

!PIZZA

Thanks, man, I just keep pumping out the reports, writing about positively and more people delegate :) 1/4 of the delegated HP is coming in 1 person, i better keep them on my good side 😉

another great report

!CTP

!PIZZA

!DHEDGE

!LOLZ

!PGM

!BBH

!MEME

Thanks man

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP tokens

remaining commands 1

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


@eddie-earner! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @ericburgoyne. (1/5)

let me know if the 100k EDS sale takes place, going to start preparing to sell a kidney or two ^^
i know EDS will retire me in some years

lol. If we ever list 100k EDS for sell, I'll DM you asking for your bank card numbers, haha.

1


This post has been selected for upvote from our token accounts by @ericburgoyne! Based on your tags you received upvotes from the following account(s):

- @dhedge.bonus
- @dhedge.leo
- @dhedge.ctp

@ericburgoyne has 1 vote calls left today.

Hold 10 or more DHEDGE to unlock daily dividends and gain access to upvote rounds on your posts from @dhedge. Hold 100 or more DHEDGE to unlock thread votes. Calling in our curation accounts currently has a minimum holding requirement of 100 DHEDGE. The more DHEDGE you hold, the higher upvote you can call in. Buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc.

PIZZA!

$PIZZA slices delivered:
ericburgoyne tipped eddie-earner
@dkid14(2/20) tipped @eddie-earner

!PGM

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP tokens

remaining commands 3

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


As strong as ever, I noticed the payment increase was higher than usual, did I get lucky with EDS mintage or is that across the board?

Also: add me to the subscribers list on anything SPI, EDS, XV, DAB if you got a moment!

EDS mintage from Miners is lotto based so you have got lucky this week. If you talking about the HIVE income payment on Mondays, i think there was maybe 20-30 HIVE sitting in the payments account so that have boosted it this week.

Got you sub'd to this report and will do the others when im uploading them next :) If i forget, remind me please 😝

yeah, I know about the lotto based mintage. But when you get lucky in that it probably affects your weekly hive payment as well? But your explanation makes more sense

Thanks for adding the sub, will check the others later hehe ✅