EDS income token weekly report - 94

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.

Lets get a look at the charts this week

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 😏

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.

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 😁

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.

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

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.

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

EDS Report Subscribers

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