EDS income token weekly report - 112

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.

Week	Eds Circulating	EDS minted	HIVE POWER	Income pool	EDS APY
1	23,024.00	88.38	42,453.00	97.63	22.13%
5	23,406.78	96.60	42,666.41	98.12	21.87%
10	23,777.86	92.00	44,567.00	102.49	22.49%
15	24,115.46	97.46	46,968.00	108.02	23.37%
20	24,593.86	92.00	48,205.00	110.86	23.52%
25	25,276.00	196.00	57,895.00	133.15	27.49%
30	26,164.00	190.94	62,567.00	143.89	28.70%
35	27,156.86	203.20	67,552.00	155.36	29.85%
40	28,138.66	197.40	74,350.00	170.99	31.71%
45	29,125.66	192.20	74,809.52	172.05	30.82%
50	30,473.06	462.00	86,169.46	198.17	33.93%
55	32897.36	297.10	98,853.25	227.34	37.19%
60	33,382.46	298.20	101,628.19	233.72	36.53%
65	34,893.46	294.60	102,223.83	235.09	35.16%
70	36,469.58	319.61	102,880.59	236.60	33.85%
75	38,136.80	318.28	103,552.48	238.15	32.58%
80	39,872.92	349.80	104,470.72	240.26	31.44%
85	41,665.69	379.12	105,319.93	242.21	30.33%
90	43,569.61	359.68	106,530.84	245.00	29.34%
95	45,418.31	377.02	107,710.30	247.71	28.46%
100	47,471.89	405.79	109,011.43	250.70	27.56%
105	49,495.27	403.14	110,351.05	253.78	26.75%
110	51,631.75	428.51	112,015.90	257.61	26.03%
111	52,062.87	431.12	112,378.01	258.45	25.90%
112	52,490.63	427.76	112,478.60	259.30	25.78%
Week	Eds Circulating	EDS minted	HIVE POWER	Income pool	EDS APY

Let's get a look at the charts this week

There were 427.76 EDS minted this week and things seem t
o be leveling off about here so we can expect a consistent mintage of 400-450 for the next while. It will be interesting to see how many tokens EDSD mints this week with HIVE mooning 30%.

Another good week for HP growth with it increasing 427 HP this week. If can keep this up are increase it, the HP balance will grow by 19.8% over the next year. This means the HIVE income should increase by 19.8% over the next year as well.

In a few years time, the above chart will look... pretty much the same to be honest but we'll see an inclining curve as compounding takes effect. Its already happening but on such a small scale, you cant really see it in the above chart.

If we zoom in 300% and mark some lines to show the first 11 weeks after EDS miners sold out the last 11 weeks. You can see that the green line is a tiny but more vertical than the red line. This acceleration will continue and the more time that passes, the faster it'll accelerate.

Really good week as the HIVE income pool increases by 0.85 HIVE. If we can hit projections and increase the HP balance by 20%, this would increase the weekly increase to over 1 HIVE per week. In turn, this would mean the HIVE income pool would grow by at least 52 HIVE over the next year (which would be next year)

We're not total ballers yet but we are now paying out decent amounts of HIVE. EDS will issue at least 14,000 HIVE this year as income payments. We were paying out 2600 per year only 3 years back, 5500 2 years ago 😲 and the only way is UP

The above chart is nasty looking but we're all good. Infact, we're better than good, we are great amazing! The EDS APY decline this week was only -0.12% which is amazing.

It's happening faster than I had thought. My projections showed that as we get closer to 0%. That said, these projections were EDSD so I guess that having some impact and speeding things up. Either way, the EDS is slowing down faster than we thought and that is very good.

The week's APY is equal to 25.78% which is unattainable elsewhere on HIVE for liquid HIVE payments.

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

HIVE is up 30%! YEE-Haaa. Remember EDS are 100% HIVE so if HIVE pops to $100 per token, you'll always receive the same amount of HIVE income payment amount from EDS. Infact, it'll increase over time. Not right now but after the EDS APY flip, it'll increase and then after we hardcap, it'll increase faster again. After that, thats it. We win the game of HIVE income. We sit back, collect our increasing weekly HIVE incomes and thats it 🤑 Thats the EDS retirement plan.

If you wanna be HIVE rich in retirement, you should join us.

Thanks for checking out this week's report, HIVE income payments will go out this evening and as always have a great week. If our bags can pump this week the same as last week, I might quit my job, baaaa-hahahaa.

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

EDS Report Subscribers

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