EDSvote update #63 | Now Minting More EDS than EDS Miners!

Welcome all to this week's EDSvote update where we look at a range of different things. Please follow the @eddie-earner account to make sure all our reports are going into your feed and you can easily stay updated on your investment.

What is EDSvote?
Eds-vote is an account that people can delegate HIVE POWER to. In return for their delegation, they will receive EDS tokens each Monday.

The delegated HP will be used to curate content on HIVE and provide small upvotes for those that hold over 100 EDS tokens. Delegating HIVE POWER to @eds-vote will not result in an upvote. This is not a delegation to upvote service. It is a way to distribute the remaining reallocated EDS into circulation.

What are EDS tokens?
EDS tokens are HIVE income tokens that are pegged and backed to 1 HIVE each. They pay out weekly dividends every Monday based on 12% of the total powered-up HIVE balance of the @eddie-earner account. This is currently paying out an APY to token holders of roughly 35%.

How does it work?

For full details, please see How EDSvote works and How EDSvote affects the EDS APY long over the next 25 years

Report #63

Let's have a look at the numbers in chart form as this is the best way to see performance and predict the future.

We see a small increase of 500 HP bringing us to 315,158 HP being delegated now. Thats an instance amount of HP for an account to issue EDS, which goes to show the support EDS token holders and people looking at them will show. 400k HP soon!

Nice 9.38% this week which is higher than normal. The voting power of the account has been slowly increasing so i know we are not using over 1000% a day meaning our ARY is not pumped. Maybe HIVE curation is higher than I thought at 8% on average.

The account earned 566.39 HP this week from curating and this is well over the 500 HP a week we need to start and maintain a 500 HIVE a week powerdown.

Lots of HP earned means lots of EDS minted. 283.20 EDS this week which still blows my mind. @eds-vote is now on par with EDS miners regarding EDS mintage numbers🤯. This is something I would have never thought would happen but here we are and it's amazing.

Round-Up

Killing it as always. Money is not the most important thing in the world. Love is. Fortunately, I love money.😉

Thank you for taking the time to read through this
If you have any questions are would like to leave some feedback, please do so below and I'll get back to you at some point soon.