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MAP FinTech - M Token Distribution to Delegators and Price Increase - 8 February 2021

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Our weekly report for both delegators and token-holders of M.

Delegators have received their token distribution and token-holders see the price rise a significant amount.

M News

A fairly good week, with reward distribution up on last week.

The price increase is the equivalent of 12.0% APY, with the distro coming in at 15.4% APR.

Good to see we are inching our way above the blockchain's own gross vote-yield. Although we have marked down our DCity SIM value, and will sell when higher, the other income sources have been doing very well. We shall see next week, but if similar returns we shall increase the buyback price further. An increase of +0.003 HIVE will be equivalent to over 18% APY.

The Numbers

Distribution to delegators = 0.296% = 15.4% APR

Buyback price = 0.924 HIVE (+0.002) = +12.0% APY

Hive gross actual vote = 15.3% APR Hive gross linear vote = 23.8% APR

The Hive vote estimates are calculated based on the average weekly prices. The "gross actual vote" is calculated based on our HP; the "gross linear vote" is calculated based on a stake of 1 million HIVE and hence approximates to the reward curve's linear asymptote.

The buyback price increase is shown as an APY because members are automatically compounding their tokens, whereas the distribution uses an APR value as that reflects the delegation income. Older-style info can be seen in our last post using the old format. The new format is explained in more detail here.

Have a fine week!

Any questions, please ask in the comments below or in our public chatroom.

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