Hello EDSers and welcome to this week's EDSI report
What Are EDSI Tokens?
Eddie Earner Income (EDSI) tokens are income-generating tokens on the HIVE blockchain that pay weekly dividends every Monday. These dividends come from 12% of the total HIVE POWER balance held by the account, providing token holders with an impressive annual percentage yield (APY) of over 22%.
Token Supply and Mining
EDSI has a hard cap of 500,000 tokens, with an initial public sale of 20,000 tokens priced at 1 HIVE each. New EDSI tokens can be minted in two ways:
- EDSM miners yield approximately 20% annually.
- EDS-vote provides returns of about 4-5% per year.
Focused on Growth
The EDSI project converts all earnings, airdrops, and tribe tokens into HIVE, emphasizing maximum HIVE POWER accumulation. Managed by (Saturdays Savers Club) and
(wallet) for SPinvest, this long-term project encourages users to buy, hodl, and grow their EDSI tokens.
How to Grow Your Earnings
- Buy EDSM miners to mint EDSI tokens automatically.
- Reinvest regularly to increase your token holdings and boost your weekly dividends.
- Alternatively, purchase EDSI directly from the market. Place a buy order at 1 HIVE per token and wait for it to be filled—miners often sell their rewards to secure profits.
In summary, EDSI offers a simple, hands-off way to earn passive HIVE income. Buy miners, stake your tokens, and watch your wealth grow over time!
Complete EDS eco-system explained - CLICK HERE
This Weeks EDSI Report
We minted 512 EDSI this week bringing the amount in circulation upto 84,633.64. It'll not be long until we cross over into 6 figures and we'll have 20% of the total supply out. I'd guess based on minting 500 per week, we'll cross that mark in 7-8 months time. That will be an amazing milestone to cross over.
It was a decent week with 594 HIVE powered up to the account. On the chart on the right, it look like not much is happening but there's a 7k HIVE difference between the first and the 12th week, you can see the accounts growth much better in the chart on the right showing the past 3+ years, there's not a single week in there where the HP balance has decreased, number only go up.
Numbers only go up here as well because the weekly HIVE income pool is directly connected to the HP balance. The week's pool is for 326.94 HIVE, up from last week's 325.66 HIVE.
Back on track with a decline of -0.04%. This weeks EDSI APY is 20.16%. We have 5 more weeks of a larger powerdown from eds-vote and after that, we'll drop to under 20%.
Weekly Roundup
I said last week that I was going to release a post explaining the current climate within the HIVE eco-system, mainly the fact that earning over 12%+ with HP is damn near impossible and how that affects EDSI and what change we might need to implement to adjust to current threads. I have an 800-word draft sitting 6 days ago but it's not done yet. I dont like to present a problem and not a solution. I have a solution, but it's better to have a few and a mixture of a few. Long story short, I know the last thing I need to add to it and will release the post this week.
If you have no idea what im talking about, to sum it up quickly. The weekly HIVE pool we payout is equal to a 12% APY of the HP balance but the HP balance is only earning 11.5% APY currently (8.5% from curation & 3% from inflation). When we used to earn 12-15% APY from HP delegations and 3% from inflation, paying out 12% and reinvesting the leftover 3-6% was perfect but times change and now we pay out 12% while only taking in 11.5%.
Anyways, i'll get that out in a few days. You'll probally not like what you read but I hope you will understand it and see it makes sense.
Aside from that, everything else is gravy with EDSI! Have a great week
Thank you for taking the time to check out this weeks EDSI report!
Getting Rich Slowly from June 2019
| Token Name | Main Account | Link to hive-engine |
|---|---|---|
| SPI token | SPI | |
| LBI token | LBI | |
| Top XV token | XV | |
| Eddie Earners | EDSI | |
| EDS miners | EDSM | |
| EDS mini miners | EDSMM | |
| EDS-vote | n/a | |
| EDS DOLLAR | EDSD | |
| DAB token | DAB | |
| DBOND token | DBOND | |
| RUG token | RUG |
Stay up to date with investments, and fund stats and find out more about SPinvest in our discord server
SUB FOR WEEKLY EDSI UPDATES
Ask in the comments below to get tagged to these weekly EDSI update posts