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EDS income token weekly report - 18 | Only 108 EDSM miners left for sale | EDS HIVE APY - 23%

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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.

Here we are on week 18 of the year and things are pattering along nicely. Each week, the HIVE POWER balance increases, the HIVE income pool increases and the APY is very consistent. Is there even anything else out there that pays out HIVE directly anymore? and 23%? People love earning a solid 20% on HBD, why not 23% for HIVE? EDS tokens a basically pegged to 1 HIVE each and we do a few times each month buy back tokens from the market at 1 HIVE each. Anyways, things are going perfectly as planned.

New EDS tokens are minted and issued through EDSM miner tokens. There are 2500 created and only 108 remain for sell on hive-engine - EDSM. When these are sold out we will release 1 more EDS token miner, there will be a higher mintage but much lower cost price. EDSM miners are set to issue 96 new EDS tokens per week yielding a 20% ROI on average each year per EDSM token. The small dips in the chart above are when i burned some EDS tokens and reduced the circulating supply which increases the APY a tiny but for everyone.

As EDSM miners are sold, we see boosts in the HIVE POWER balance because all HIVE collected from issuing miners is powered up. You can see week 6, week 8, week 11, week 12 and week 15 were all good weeks. These were weeks when we sold alot of EDSM miners. Let's have a look and see how this affects the APY for EDS tokens.

Well, you can see that on weeks 6,8,11,12 and 15 the APY increases. It's increases because there is more HIVE POWER in the account earning us an income. So the more miners that are sold, the higher the EDS APY increases.

EDS started out with a 12% APY, slowly built it to 14% and then released miners which brought in lots of new money which has doubled our earning power. I predict that EDS tokens will see another boost in APY when the least 108 EDSM tokens are sold and we issue the new miner.

This increases each week, again you see the same weeks as jumps in this above chart as well because the income pool in related to HIVE POWER balance. The EDS income pool represents 12% divided by 52.18 of the HIVE POWER balance. This number grows each and every week and proves that EDS tokens are not affected by whatever is happening in the cycle markets. Alot of projects that pay out dividends are now paying out less HIVE because HIVE is not worth 20 cent anymore. If HIVE moons to $10, EDS will still power up HIVE that week and still pay out a higher income pool than it did the week before.

HOW?

EDS is 100% HIVE, it's pure and it's wallets are not full of non liquid bullshit tokens. Every single token EDS receives it converts to HIVE and powers it up. EDS receives an airdrop, cool, sell it and get some HIVE. EDS receives some tribal tokens, cool, sell them and get some HIVE. You get the idea, everything that comes into the EDS account is added to the HIVE POWER balance.

Making the income pool based on 12% of the HIVE POWER balance ensures EDS never goes bust because we can earn more than 12% with HIVE POWER. We earn more than 12%, pay out 12% and compound the rest.

It's that simple. We're compounding HIVE down for 10 years, we're gonna get more HIVE each week and every week we'll be more HIVE richer. HIVE for 30 years till it's over $100 a token and EDS with HIVE for 50 years till we're all old are dead earning $100 HIVE income payouts forever and ever for the next 80 years. EDS and HIVE and EDMS for 90 years, minting and mining and paying out $500 HIVE income payments every week for millions of millennia until there's nothing left and you'll still be earning a passive HIVE income.

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

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