EDS income token weekly report - #42

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 payout weekly dividends every Monday based on 12% of the total powered up balance of the eddie-earner account. This is currently paying out an APY to tokens holders of over 23%.

• EDS are pegged to 1 HIVE per token
• 12% of over 40,000 HIVE POWER pays out (40000*12/52.18) 91.89 per week
• 20,800 EDS in circulation each yield (91.89/20800) 0.0044 HIVE per week
• 0.0044 each week for 1 year equals 0.23 HIVE
• 1 EDS pays out a HIVE income of roughly 23%

EDS tokens launched with a hardcap of 500,000 and public sale 20,000 tokens each issued for 1 HIVE each. The only way to mint new EDS tokens is by owning and staking EDS miners (EDSM) tokens. These cost 10 HIVE each and yield a 20% minimum ROI per year. There are only a few hundred left for sale and then we release a new miner that will push EDS APY to 35% plus.

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 things are going ok, just ok. The account has seen growth but not alot. Im considering diversifying and adding a new stream of income but im on the fence. A few more EDS miners tokens were sold this week so all good. There are still a few hundred for sale and once they are sold out, we'll release EDS mini miners that will cost 0.50 HIVE each and pay out a minimum of 20% per year in newly minted EDS tokens.

EDS tokens bought back and burnt by @eddie-earner = 1,248.42

Weekly HIVE dividend payout chart
The chart below shows how much HIVE has been paid out each week from launch. You can see it only goes way based on our token model.

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 that's 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 first is buying some EDSM tokens. These will always produce a min APY of 20%.

https://hive-engine.com/?p=market&t=EDSM

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.
https://hive-engine.com/?p=market&t=EDS

Weekly Roundup

Things are going great as planned. EDS tokens are providing a HIVE income of 23.34% and growing little and often. The only way to get new EDS tokens is by mining them with EDSM tokens available on hive-engine are buying already mined tokens from the market.

It's been a good week, our LEO earnings were up but LEO down so swings and roundabouts I guess.

@eddie-earner is operated and it's wallets/funds are backed by SPinvest