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 pays out weekly dividends every Monday based on 12% of the total power up the balance of the 
(Example of how the HIVE income pool is worked out)
- EDS is pegged to 1 HIVE per token
- 12% of over 53,000 HIVE POWER pays out (53000*12/52.18) 121.88 per week
- 24,900 EDS in circulation each yield (121.88/24900) 0.0048 HIVE per week
- 0.0048 each week for 1 year (52.18) equals 0.255 HIVE
- 1 EDS pays out a HIVE income of roughly 25.5% per year
EDS tokens launched with a hardcap of 500,000 and a public sale of 20,000 tokens each issued for 1 HIVE each. The only way to mint new EDS tokens is by owning and staking either EDS miners (EDSM) are EDS mini miners (EDSMM) tokens. These miners when full issued and staked will yield a 20% minimum ROI per year.
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 
Another week is over and as predicted, the EDS APY had dropped a tiny small fraction of a percent. This might sound bad but all part of the long-term plan folks, I've been talking about it the past 3-4 weeks preparing ya'll for it and letting you guys know that I understand the EDS model inside and out. Being transparent always works best and I've I know the APY is going to decline a small but over the next 2-3 months, better to let your investors know whats happening and why.
Last week, i said the most the APY would drop was 0.2% and it dropped 0.17% so not a bad guess. With that somewhat confirmed, we could guess over the next 3 months, the EDS APY will drop around 2.6% bringing it down to a 29% APY which is still an amazing and still the highest-earning HIVE income token on HIVE by miles. In 3 months, the next EDS distribution tokens will be launched. I like to take a break between things and we've just sold out of miners so a 1-2 months break before starting to set anything new up gives enough time to see how things run when just growing on HP earnings only. I build predictions and ran sims in an excel sheet when deciding EDS's model but it's nice to see it in action. We could launch the next thing next week but what's the hurry? I dont wanna be always pushing something to sell and it's gives a break for the investor as well, time to invest into other things are save up a pile of HIVE to next thing from EDS 😁
Increased by 197 EDS this week which is standard. The amount of EDS minted each week is set so this will not increase for the time being.
You can see there very easy that we have basically flatlined there on the last bar. It almost looks like it's less but it's not, it's never less, it can be. So this is what EDS's HIVE POWER growth looks like when not selling EDS distribution tokens (miners). You can see the same thing in the first 5 weeks as well, we were missing EDSM at the time but sales were dead in January. We can expect this trend to continue for the next 3 months, increasing by around 100-150 HIVE per week. Then in 3 months' time, we hope to see another spike like to see in week 21.
The APY is still kicking ass and even with the projected decline of 2.6ish % over the next 3 months, it'll still be paying out higher than anything else at 29%. On today's earnings minus HIVE income payments, if run on autopilot, no reports are Saving club, no airdrops, tribe token etc, just HP earnings. EDS would still be paying out an APY of over 20% 15 months from now. Pretty impressive? I think it is
Small increase this week of 0.26 HIVE but up is the only way. Because our HIVE income pool is directly linked to the HIVE POWER balance, we can expect a slow to almost sideways looking movement/growth for the next 3 months. The income pool amount is simply equal to 12% of the HIVE POWER balance.
So its
74,350 * 0.12 = 12% = 8,922
8,992 / 52.18 = 1 week = 170.99 HIVE
Work it out for yourself, it's dead easy. Lets go one further and work out what you'll get.
So the income pool is 170.99 and there are 28,138.66 EDS in circultion. We'll work out per 100 EDS tokens because the HIVE cinome payment from 1 EDS token will have too many zeros to make it look like a real number.
170.99 / 28,138.66 * 100 = 0.607 HIVE per 100 EDS
You go even 1 further and complete the cycle
0.607 HIVE per week for 1 year is .607 * 52.18 = 31.70 HIVE
31.70 HIVE earned from 100 EDS tokens worth 100 HIVE is a 31.70% ROI
There are no fancy formulas are complicated tokenomics with EDS, it is what it is and it's honestly simple. Your mind might be blown at how simple it is to run a successful income token is on HIVE. But there you go, if you never knew EDS's "tokenomics", there they are. Feel free to use them to create an income token and I'll invest if the APY is decent.
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 when getting started sooner than later is better. 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 a day to start increasing your income and the snowball effect is real when you have patience.
Mine them
The 1st EDS miner (EDSM) is now sold out and can be bought from the hive-engine market by clicking here
The 2nd EDS mini miner (EDSMM) is still available to buy at the cost of 1 HIVE per mini miner by clicking here
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. Click HERE
Weekly Roundup
Hmmm, i think I have said pretty much-said everything above already so i guess...have...a great week 😃 Income payments will be shipped out this evening so you've that to look forward to. Have a good one and thanks for checking out the report.
