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EDS income token weekly report - 19 | EDSM miners SOLD OUT!

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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.

WEEKLY NUMBERS

All good this week, in fact very good this week as we sold off th last of the EDSM miner tokens and we were able to power up just over 1000 HIVE this week and we all know what that means, the weekly HIVE income pool increase the APY for EDS increases as well. We are up to 23.5% which is amazing if you ask me.

Slow and steady increase of roughly 96 EDS per week. This number could double when the next EDS miner is released to just under 200 EDS per week being created. We have 500k as a max supply and I reserve 25-30 years' worth of mining rewards for reach miner. The current EDMS miner that just sold out mints roughly 5000 EDS per year. 25 years is 125,000 EDS tokens. We released another miner to raise another 25,000 HIVE and then 250,000 are committed to miners for 25 years and there would still be over 200,000 left over to plan for.

Nice big jump this week, that's what 1000 HIVE does to our chart, if we could do this every week, the EDS APY would moon to over 30% in a few short months.

Nice jump in HIVE POWER balance equals a nice jump in EDS APY. We were dropping off the past 3 weeks maybe a 10th of a 1% each week and then BOOM, it jumps near half of 1% in a week.

Again, another fantastic looking bump in the weekly HIVE income pool. Great thing is, this never goes down so when we can issue some miners and power up more HIVE, this just increases. We never have less HIVE each week. Even being 100% passive yields 3% on inflation. I cant wait until this pass over 150,200 are even more each week.

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

Weekly Roundup

Ok, so finally I can stop shilling those EDSM miner tokens, im so happy there are SOLD OUT. What's next for Eddie Earner? While I guess we do it all over again and release another miner. The new miner will be basically the same as the previous miner but with a different price. We've had a 10 HIVE miner, let's look into a 0.1 - 0.5 HIVE miner. Alot of people complained they were too expensive so let's make one where investors can hold hundreds of miners for a few hundred HIVE and get them out there far and wide. You can expect new miners to be released within the next 2 weeks.

If we are able to sell alot of miners within the first week, we will see an instant boost in EDS APY's and a nice boost as well.

Fun and profitable times are coming for EDS tokens. Remember the only way to create new EDS tokens to earn a 23% HIVE income is to mint them with EDS miners.

Thanks for checking this weeks report, really looking forward tot he next few weeks.

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