EDS income token weekly report - 51 | Last ever 12.5k EDSMM to be released within hours..

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. 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.

Another week has passed and we have sold out of EDSMM tokens again. I said if they sold out, I would release a final, final batch of 12,500 EDSMM and that's it. There is a lot more demand for EDSMM than I had first guessed and it's been staked by both individual investors as well as fund projects.

The EDS APY has peaked this week at 34.32% and with 1 more batch of EDSMM to be released, i more very confident that this number will go over the 35% mark in the coming weeks.

There were 224 EDS minted this week from miners and with the plan to release more EDSMM, the amount of EDS being minted each week will increase to 288.

We've seen a nice boost in HP balance to almost 88k. We are seeing an increase in the amount of HP earned from inflation as its been increasing. With another 12.5k EDSMM being issued, we should beable to increase the HP balance to 100k within the next few months.

The EDS income pool has gone over the 200 HIVE milestone for the first time this week and for anyone that followers these reports, you'll be aware that the income pool only increases it's always only over 200 HIVE.

What can i say? EDS APY is 34.32%, its going exactly as planned but faster. I never thought that miner tokens would have sold as fast. HIVE income payments increase over time to make them inflation beating income tokens. Because EDS is 100% HIVE/HP, the APY is super steady and takes months to drop a few percent. We've not had many down months and you can see from the last year shown above, we've only really seen growth.

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

Weekly Roundup

It's been another great week for EDS, things are going fantastically and there still seems to be a lot of demand for EDSMM.

LAST 12,500 EDSMM being released within the next few hours

These will be the last EDSMM issued for sure. I plan to mint 12,500 more and then burn the rest of supply to ensure no more can be created.

Mining rewards will be increased so it'll be the same amount of mining prizes awarded each hour but the amount of EDS received will be increased by roughly 20-25%. I will mint and list the miners for sale today and then release a post promoting them either tomorrow or Wednesday.

Anyways, its been a great past months, if people want more EDSMM, we should supply them as EDS still needs to allocate future EDS token distribution and this is prefect. EDSMM are easy to understand and everyone see's there long term value with at least a minimum of 2 decades of mining rewards being reserved.

Check EDSMM on hive-engine to buy them at 1 HIVE each.

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