EDS income token weekly report - 54

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

xxx

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

Still smashing it, the EDS APY has increased again which i thought it would not. It's not up that much but up is up. Do you know what else is up? HIVE is up and it's near touching $0.40. So not only are you getting more HIVE in your weekly income payment but it's worth more as well. We've all seen that when the price of HIVE increase's, projects that pay out HIVE dividends will often yield less HIVE but not EDS because it is 100% HIVE backed and nothing else.

Here's check out our stats for the past 54 weeks.

Week	Eds Circulating	EDS minted	HIVE POWER	Hive income pool	EDS APY
1	23,024.00	88.38	42,453.00	97.63	22.13%
2	23,112.38	88.38	42,525.58	97.80	22.08%
3	23,213.58	101.20	42,577.04	97.92	22.01%
4	23,310.18	96.60	42,623.41	98.03	21.94%
5	23,406.78	96.60	42,666.41	98.12	21.87%
6	23,503.38	96.60	43,294.67	99.57	22.10%
7	23,599.98	96.60	43,367.00	99.74	22.05%
8	23,584.66	-15.32	44,054.00	101.32	22.41%
9	23,685.86	101.20	44,423.00	102.16	22.51%
10	23,777.86	92.00	44,567.00	102.49	22.49%
11	23,879.06	101.20	45,883.00	105.52	23.06%
12	23,971.06	92.00	46,468.00	106.87	23.26%
13	24,072.26	101.20	46,589.00	107.15	23.22%
14	24,018.00	-54.26	46,703.00	107.41	23.33%
15	24,115.46	97.46	46,968.00	108.02	23.37%
16	24,207.46	92.00	47,016.00	108.13	23.31%
17	24,304.06	96.60	47,047.00	108.20	23.23%
18	24,405.26	101.20	47,120.00	108.37	23.17%
19	24,501.86	96.60	48,152.00	110.74	23.58%
20	24,593.86	92.00	48,205.00	110.86	23.52%
21	24,689.00	95.14	50,600.00	116.37	24.59%
22	24,885.46	196.46	52,601.00	120.97	25.36%
23	25,089.26	203.80	54,076.00	124.36	25.86%
24	25,080.00	-9.26	55,974.00	128.73	26.78%
25	25,276.00	196.00	57,895.00	133.15	27.49%
26	25,475.06	199.06	59,604.00	137.08	28.08%
27	25,672.00	196.94	60,574.00	139.31	28.31%
28	25,769.26	97.26	61,709.00	141.92	28.74%
29	25,973.06	203.80	62,066.00	142.74	28.68%
30	26,164.00	190.94	62,567.00	143.89	28.70%
31	26,362.00	198.00	63,036.00	144.97	28.69%
32	26,555.00	193.00	63,511.00	146.06	28.70%
33	26,756.00	201.00	64,453.00	148.23	28.91%
34	26,953.66	197.66	65,141.00	149.81	29.00%
35	27,156.86	203.20	67,552.00	155.36	29.85%
36	27,348.46	195.60	70,817.00	162.86	30.85%
38	27,749.66	205.60	73,408.00	168.82	31.74%
39	27,941.26	191.60	74,237.00	170.73	31.88%
40	28,138.66	197.40	74,350.00	170.99	31.71%
41	28,336.00	197.34	74,399.00	171.10	31.51%
42	28,532.26	196.26	74,529.90	171.40	31.35%
43	28,729.66	197.40	74,580.74	171.52	31.15%
44	28,933.46	203.80	74,763.27	171.94	31.01%
45	29,125.66	192.20	74,809.52	172.05	30.82%
46	29,328.26	202.60	74,927.15	172.32	30.66%
47	29,543.66	215.40	77,128.91	177.38	31.33%
48	29,780.06	236.40	80,864.88	185.97	32.58%
49	30,011.06	231.00	81,715.25	187.93	32.67%
50	30,473.06	462.00	86,169.46	198.17	33.93%
51	30,697.86	224.80	87,783.66	201.88	34.32%
52	31,002.66	304.80	94,102.78	216.42	36.42%
53	31,302.66	300.00	95,582.96	219.82	36.64%
54	31600.26	297.6	96680.77	222.35	36.71%

297 EDS tokens were minted this week through EDS miners. Just for fun, if EDS were to never issue any other EDS distribution token like the EDS mienrs, it would take 1576 weeks before we ran out of EDS tokens and all 500k were distributed. In years, thats 30.21.

HIVE POWER increase each and every week. I claimed an airdrop this week was worth 347 HIVE and got that powered up asap. We have sold about 1000 EDSMM tokens this week with just over 4000 left for sale. Remember this is the last issue and we're trying to get to 100,000 HIVE POWER yesterday!

The HIVE income pool grows each week as the account gatehrs more HIVE POWER each week. The income pool is worked out simply multiplying the @eddie-earner HP balance by 0.12 (less that the account earns on its HP so therefore sustainable long term) and dividing that number by 52.18 (weeks in a year). The number you get is that weeks HIVE income pool. Pretty easy stuff.

This must be what it is like to run on GOD MODE. With an ROI of 36.71% per year, EDS is reaching GOAT status on HIVE. Im seeing it is almost impossible to buy EDS from the exchange for 1 HIVE as buy orders a being created. This is excellent and if this keeps up, i can pull liquidity and let the market take over.

Going forward and after the last of the EDSMM tokens are sold out, the APY will drop out. I'd guess off the top, worst case is the ROI will drop by 0.25% per week. To be clear, that's 1/4 of 1%. It would take 40 weeks to drop 10% and still the EDS ROI would be over 26% paid in liquid HIVE each week. That is complete worst case and not including any growth from content rewards, tribe tokens or airdrops.

EDS is exemtly weel thought out to be as stable as can be into the world of crypto. Selling miners increase the EDS ROI quickly not when we are not selling, them the ROI declines very slowing like you would not even notice.

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

It's been another great week and we have high hopes for 2023. HIVE income payments will go out this evening as always.
Have a great week.