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EDS income token weekly report - 44

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@eddie-earner
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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.

Another week has passed and it's been a decent week. Im looking to other ways to invest HIVE to produce different sources of income but there is not much out there. My criteria is it has to be HIVE pegged and produce more than 20% per year. I understand people would think UTOPIS but it's token value chances and is not pegged so does not meet the criteria. Seems that delegating HivePower is the best way to use HIVE. Leo.voter voter pays out a solid 16% and im not sure if there's anything better out there. The good thing about delegating HIVE power is we continue to earn inflation which is around 3% at the minute.

APY actually dropped a tiny bit this week, you'll not notice it, its so small. No EDS buy backs have been done in a few weeks because we've not been selling many EDS miners (EDSM). 1 thing to note is that as the price of HIVE increases, EDS weekly income payments will not decrease because EDS tokens are 100% HIVE. We dont hold any tribes tokens, no non-hive cryptos/investments, no gaming, no nothing. Only HIVE. If you receive 1 HIVE per week now from EDS and HIVE goes to $10, you'll still receive 1 HIVE per week. Because EDS is an inflation-proof HIVE ONLY income token, your income payments are never be diluted due to the HIVE $ value.

Weekly HIVE dividend payout chart The chart below shows how much HIVE has been paid out each week from launch. You can see it only goes one way based on our token model.

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

Not a bad week, not a great week. I think I will write a post from @spinvest tomorrow to see if we can sell the last of the EDSM tokens are at least issue a few. I'd like to move on to the next miner token. It'll be priced at 0.5 HIVE, the ROI will be exactly the same as the current 10 HIVE miner but investors like cheap prices and ROI is not so important. We could even release like million miners costing 0.02 HIVE each and people would FOMO into buying thousands of them. The ROI would be the same. Anyways, im 90% sure I'll write a EDS from spinvest to give it some extra exposure.

Things overall are going well and on plan, thank you for taking the time to read through this weeks report. Have a great week and see you next week.

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

Posted Using LeoFinance Beta