EDS income token weekly report - 30

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 53,000 HIVE POWER pays out (53000*12/52.18) 121.88 per week
• 24,900 EDS in circulation each yield (121.88/24900) 0.0048 HIVE per week
• 0.0048 each week for 1 year (52.18) equals 0.255 HIVE
• 1 EDS pays out a HIVE income of roughly 25.5% 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. The only way to mint new EDS tokens is by owning and staking either EDS miners (EDSM) are EDS mini miners (EDSMM) tokens. These miners when full issued and staked will yield a 20% minimum ROI per year.

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

Are you all seeing what's been happening to the price of HIVE over the past 12 hours? The SOB has moonshot and jumped back to 80 cents. The good great news is your dividends this week are worth almost double what they were last week in terms of dollars. Remember EDS HIVE income never gets liquidated when the price of HIVE moons like other dividend tokens do. This is simply because EDS is a 100% HIVE project. Everything, EVERYTHING is converted to HIVE and powered up. You can see the results below by tracking the "Actual APY" from week 1 down to this week, week 30.

The EDS APY increased this week by just a smidge from 28.68% to 28.70%. That's an insane income APY to earn and be paid in liquid HIVE each week. I can't even think of everything else that pays out more than 20% and the best thing is, I think it can go past 30%. The game plan for EDS is so simple, that it cant fail. It's so beautiful.

Nothing out of the blue above, circulating EDS increased by 190 this week. This is the new standard from releasing EDSMM. Each EDS miner mints 96 tokens per week.

We hade an increase of around 500 HIVE POWER this week so that is a win in my books and this reflects in the EDS APY as it slightly increased. This coming week we have the SPK airdrop to claim, 3500 tokens so whatever that is worth in HIVE. By the time all the EDSMM tokens are sold out, we'll have a HIVE POWER balance of over 70,000 with an income pool of (70000*12%)/52.18 = 160.98. Based on today's circulating supply, that would represent an EDS APY of 32%. There are 10,882 EDSMM still on sale at only 1 HIVE per miner with a minimum yield of 20% (currently 36%, shown below). They are only way to mint new EDS into circulation.

Things have levelled off over the past few weeks and the APY is remaining stable. We've not issued many EDSMM, we've issued some but it goes to show, that we dont need tons of new cash flowing in to maintain the APY we have. The takeaway is, that there is no rapid decline and there never will be. It would take EDS 15-25 weeks of declining APY to drop 1%. Sounds crazy? Go back and look at weeks 1-5 of "Actual APY" and see that it took 5 weeks of straight decline to drop 0.026%, that a 1/4 of 1% to make it black and white. EDS is built is last the long haul that's for sure.

Well, ill say the same thing I say everyweek. HIVE income pool has increased this week. Its up to 143.89 HIVE to be split between 26,164 EDS tokens. Total HIVE paid out this year to date is 3404.46 HIVE. This gives an average from year start of 113.48 HIVE. Because the HIVE income pool increases each week so does this average, pretty cool?

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 still available to buy at the cost of 1 HIVE per mini miner 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

EDSMM Issued	EDSMM APY	EDSMM Issued	EDSMM APY
0	n/a	13,000	content3
500	1k %	13,500	-37%
1000	501%	14,000	36%
1500	334%	14,500	35%
2000	250%	15,000	33%
2500	200%	15,500	32%
3000	167%	16,000	31%
3500	143%	16,500	30%
4000	125%	17,000	29%
4500	111%	17,500	29%
5000	100%	18,000	28%
5500	91%	18,500	27%
6000	83%	19,000	26%
6500	77%	19,500	26%
7000	72%	20,000	25%
7500	67%	20,500	24%
8000	63%	21,000	24%
8500	59%	21,500	23%
9000	56%	22,000	23%
9500	53%	22,500	22%
10,000	50%	23,000	22%
10,500	48%	23,500	21%
11,000	46%	24,000	21%
11,500	44%	24,500	20%
12,000	42%	25,000	20%
12,500	40%	-	-

Weekly Roundup

Pretty much said everything i need to say above already so i guess i'll finish with BUY and stake some EDSMM tokens, they are wonderful magic miner tokens that create new EDS into circulation. EDS are pegged to 1 HP so you know they are not shit. You can either sell your EDS for 1 HIVE on the exchange are hold them in your wallet, no staking required to earn a HIVE income paid out each Monday evening equal to 28%. Damn, they do sound magical but be quick because there are only 11,000 left for sale and they are flying like hotcakes. Im not saying to FOMO but right now just be the best time to buy some EDSMM tokens.

Income payments will go out this evening folks, have a great week and fingers crossed can pumpth some more to past a buck.

@eddie-earner is operated and its wallets/funds are backed by SPinvest