UTOPIS , 2 months analysis . The recent payout was the biggest so far .
Good morning to everyone . It has been two months since the first payment of UTOPIS was sent out .
@chronocrypto is the founder of UTOPIS project and he is committed to make UTOPIS the best dividend yielding token on Hive .
Let us see how it is doing so far .
UTOPIS
In simple words , it is a buy and hodl token which pays you dividends in Hive ( right now ) every week on Monday .
You need not stake it , you buy it and you earn Hive as simple as that .
First dividends date
- February 22nd 2021
Latest dividends date
- April 19th 2021
How many users got their Hive payments so far?
At the time of first dividend payment only 81 users held UTOPIS but if you see the latest payment , it has doubled to 169 users .
For the past 3 weeks it has remained the same .
How much UTOPIS was held during payments ?
How much Hive have been sent out every week till now ?
| Hive sent out | Date |
|---|---|
| 2002.734 | 2021-02-22 |
| 1774.514 | 2021-03-01 |
| 1632.049 | 2021-03-08 |
| 2009.902 | 2021-03-15 |
| 1498.156 | 2021-03-22 |
| 700.249 | 2021-03-29 |
| 776.145 | 2021-04-05 |
| 1062.996 | 2021-04-12 |
| 1599.907 | 2021-04-19 |
Well now you might ask me , the title says last week is the biggest payment was yesterday but the tabel says otherwise .
The answer to that question is , we have to think in terms of Fiat and not Hive with respect to UTOPIS as every week @chronocrypto brings money from outside of Hive ecosystem and buys Hive at that days price .
That is why I have also retrieved the price of Hive on those dates on which the payment was made and here is the payment details in terms of USD
Payment details in USD
These are the USD prices of Hive on those specific dates
| USD Price of Hive | Date |
|---|---|
| 0.332 | 2021-02-22 |
| 0.306 | 2021-03-01 |
| 0.315 | 2021-03-08 |
| 0.398 | 2021-03-15 |
| 0.416 | 2021-03-22 |
| 0.76 | 2021-03-29 |
| 0.745 | 2021-04-05 |
| 0.672 | 2021-04-12 |
| 0.533 | 2021-04-19 |
This is retrieved from Coingecko .
So if you look at the above chart , the payments have been increasing from past 4 weeks consistently and the highest UTOPIS ever paid was yesterday( 19th of April )
852 USD was paid out by it to 169 members .
APR based on recent payout - 63%
If you want to check your payout , go to http://hivelayers-stats.herokuapp.com/
Do you hold UTOPIS ? What do you feel about the dividends ? Do you agree that this is the best investment token on Hive at the moment ?
Feel free to ask me any data on @leomarkettalk daily posts . I will get back to ASAP .
Regards,
MR.
Posted Using LeoFinance Beta
