EDS income token weekly report - 36 | HIVE Income = 31% APY | Not Clickbait

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.

Another week has passed and we have been really going hard. The HIVE income APY for EDS tokens is now 30.81%! I think i can say that EDS is no question the best HIVE income token on the blockchain. EDS is 100% HIVE POWER and thats it, everything we receive is converted to HIVE and powered up, that simple. Our HIVE income payment comes once per week as does a normal income mostly and your EDS is pegged to 1 HIVE. Compounding at 30% would yield crazy results in 2-3 years' time.

Another week and another 196 newly minted EDS tokens are in circulation, 98 from EDSM and 98 from EDSMM.

The HIVE POWER balance has increased to over 70,000 so we are killing it. Bad news is, we only have 3800 EDSMM miner tokens left for sale so we might hit 75,000 before the party stops and we go back to the slow growth shown in weeks 1-8. Sort of sideways but a little up each week. Having this HIVE POWER balance also ensures that any future HIVE-related airdrops we might receive could be lucrative. The SPK airdrop this month was worth 88 HIVE to us this month and of course, this was powered up as is everything.

I have always said by the time we issue all the EDSMM tokens, we'd have a plus 30% APY and here it is folks, the proof is int the pudding and this pudding is very sweet. You can see from the above chart, that this is no fluke. The APY has been increasing steadily from week 20 when I released EDSMM. Now that there are only 3800 left for sale, we will see the income APY decline a little each week. When I say a little, I mean 1/20-1/5 of 1%. When EDS bleeds APY, it bleeds so slow, that you will not even notice. If we peak at say 32% when all miners are sold, it might take 3 months to drop 2% in APY down to 30% worst case. The EDS APY is calculated by simply multiplying the HIVE POWER balance by 0.12 (12% of HP balance) and dividends that by 365.25 (daily income) and then multiplying by 7 (weekly income payment).

Can't believe this is up to over 160 HIVE per week. This is over a 60% gain YTD and were only on week 36 with just over another 3-4 months to go. Super happy how this has been growing because it's currently growing at a faster pace then EDS miners are minting new EDS so this results in a higher APY. The next target is a 175 HIVE income pool by year-end.

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

As said there are only 3800 EDSMM tokens left for sale, links above. What's after that? Hmm, I was trying to think of something HBD related but it's hard to compete with 20%, cough cough, 31.84%, and a clear throat. It's possible but why ruin the good thing we have going with HIVE?

I am 96% sure I have the next thing for EDS and it's not a miner and is HIVE related. Let's aim for a 100k+ HP balance and get the weekly income pool to over 230 HIVE per week. If we have an end goal, see a path to get there and stick the model, there is no reason for EDS to not be a 100k+ HIVE token.

Anyways, income payments will go out this evening. No better way to start the week than to get a HIVE payment equal to a 31% APY. Have a good one folks.

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