EDS income token weekly report - 97

in #hive3 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.


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.


This week's numbers

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

WeekEds CirculatingEDS mintedHIVE POWERIncome poolEDS APY
WeekEds CirculatingEDS mintedHIVE POWERIncome poolEDS APY

Let's get a look at the charts this week


Over 400 EDS were minted this week, thats a 1st for us, fingers crossed we get many more weeks like this. As @eds-vote continues to grow, it will continue to mint more EDS. Eds-vote is not forever and when its allocation is done, eds-vote will be finished and token EDS mintage will decrease. We're good for a few years yet but FOMO at free will 🚀


This is our first 150 HIVE transfer from eds-vote this week so that's 50 more than we've been getting the past 11 weeks and more is always good. The account goes from powering up around 250 HIVE per week to 300 HIVE per week and im super happy about this.

It used to take months for the HP balance to grow by 1000 but these days, it happens every 3-4 weeks and it stuns me to see how fast it is starting to grow. From my POV, I've been watching it grow from 50-150 a week for nearly 2 and a half years and it's doubled to 300 in the past 6 months. Each time i see the HP hit a new thousand, I get a little excited. We crossed over 108k this week. This alone nets us 60 HP a week from HP inflation. 💰


Decent jump this week at 0.65 HIVE. It's normally around 0.50 HIVE but we did powerup and an extra 50 HIVE this week so this is why. If we can keep eds-vote sweet and not screw it up, we could get used to this.


The APY is down again this week, no surprises there I guess. This week the APY dropped by 0.17% which has become the new normal. I hope in a few weeks time we will start to see the benefit from that extra 50 HIVE being powered up each week. It would be nice to get the decline down to 0.15% but we'll see how it goes.

We finish this week on 28.09% APY and sadly, we'll be down to 27% next week. Still, 27% is good but we were at 37% 40 weeks ago 😢

27% realistically is amazing, hell!, 20% APY paid directly as HIVE is amazing these days. The chart looks crappy but whatever, I might inverse it for fun, lol


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


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


Weekly Roundup

Boom, boom, boom, all done. Tokens from delegations are sold and converted to HIVE, HIVE has been shipped to the payments account with the remainder being poweredup, EDS have been minted and shipped to @eds-vote delegators and the report post is now done.

And that means im done for another week. While until Thursday when i'll do the eds-vote update but done.

Another great week folks, we're smashing it and eds-vote is giving us a massive boost. Carpe diem

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


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


EDS Report Subscribers

@siddhartaz, @dkid14, @noctury, @stickupboys, @ericburgoyne, @shanibeer, @riandeuk


another great report






Love all these tips that make out apy higher since they all get conveyed to hive.




@dkid14! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @ericburgoyne. (6/20)

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 2


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!

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. (1/20)


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 0 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.

400 eds a week is great
thats 20k new eds a year
and im only getting 2500 of those... time to find a way to delegate more🤣
keep it up

Jesus, thats more than i have in total in my personal account, lol.

So your minting over 10% of EDS tokens? There's actually some rules about that

9.1k/50k edsmm (almost 20%)
350/2500 edsm (14%)
2518/15000 eds yearly
so 16.8% eds mined directly to ma account 🤑🤑

Holy fook


I never really looked into who owns miners to be honest. So you'll finish with 80-100k EDS by the time they are all minted. If HIVE ever moons to $10 within 3-5 more crypto cycles, you could be an EDS millionaire!!

This is great
Thank you for the update

Thank you for checking it out, glad you liked

HP is picking up indeed, love seeing that!


yea, its growing really fast. From my POV, its growing fast but it should only speed up as we compound everything down for years.

@eddie-earner! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @riandeuk. (1/20)


$PIZZA slices delivered:
@ericburgoyne(3/15) tipped @dkid14
noctury tipped eddie-earner
dkid14 tipped eddie-earner

Nice week! Still great returns.

This is a well oiled machine.


It is a well-oiled machine 🥳😁