EDS income token weekly report - 115

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 25%.

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

• EDS is pegged to 1 HIVE per token
• 12% of over 113,000 HIVE POWER pays out (113,000*12/52.18) 259.86 per week
• EDS in circulation each yield (260/54000) 0.0048 HIVE per week
• 0.0048 each week for 1 year (52.18) equals 0.25 HIVE
• 1 EDS pays out a HIVE income of roughly 25% 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.

Let's get a look at the charts this week

A pretty standard week with an EDS mintage of 423.18. This amount is perfect to last for 20 years. 20k a year for 20 years plus 60k that already in circulation. Thats not planned like that, just lucky, haha.

EDS had another good week for powering up HIVE with 396 being added this week. We got a small boost from EDSD because the price of HIVE tanked on its last HBD>HIVE conversion which was good for us.

HP growth is very good at the minute, we are easily adding 1k HP every 3 weeks to the balance and if I can push EDS-vote and EDSD more, we could get that down to every 2 weeks.

Any HIVE airdrops on the horizon? 😐

Another solid week, every week I think it's like a new time high for anything and I cant get used to EDS powering up 400 HIVE a week, my head is still back at 200-250 a week so when I see the HIVE income pool increased by 0.88 HIVE in 1 week, im blown away each time. It's like im waiting to go back down to 0.50 HIVE growth each week but it's not going to happen. We're on the path to increasing the HIVE income pool by over 1 HIVE a week.

This week the HIVE income pool increased 0.88 HIVE to 261.89 HIVE. Not a bad kitty.

Great news!! The EDS APY only declined by -0.11% this week and thats 2 weeks in a row so very good. If we can hold this level of decline next week, I'd be very happy. This means that it now takes 9 weeks for the EDS APY to drop 1%. For those that remember back a year when it was dropping 1% every 3 weeks, these a good times and they are going to get better.

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

I say it every week but we smashed it again! It's not even what I do, the model is so goddamn perfect, it just does its own thing. Im here on the ride the same as you and watching it all unfold.

HIVE income will go out this evening, already been sent to the payment account 😉 Have a great week and I'll see you again in 7 days.

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

EDS Report Subscribers

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