Welcome to our weekly MAXUV account statement.
Our hybrid votes-and-rewards model seems to be working well, with total income significantly higher than anything else I've seen.
This week has again seen a pleasing increase in overall earnings. This is due entirely to the Steem blockchain yield bouncing up a bit from its recent descent. We shall see how this develops, with the reward distribution slightly up on last week.
Note that the overall fund size has fallen as we have finally made a serious dent in those pending sales. The buyback price has, indeed, risen back to our norm of 0.90 STEEM. The modest value in our Blurt holdings is helping this process, and still quite a few weeks left of transfers.
A reminder that Steem keeps flirting with its price-stability mechanism as the SBD debt-ratio hovers dangerously close to the 10% level. This may mean further turbulence in yields, but can often be positive too. This really depends at what level the blockchain freezes the STEEM price compared to the SBD price - unless, of course, it starts to rise significantly.
A further reminder, that the voting will remain at 100% for 2,000 tokens, and the capital limit is 5,000 tokens for a share in the weekly rewards. You may, of course, hold more than this like a deposit account.
The difference between MAXUV and MAPR is that MAXUV will have no delegators and will be paying out in MAXUV tokens whereas MAPR does accept delegators, pays out in tokens to auto-compound but does not give upvotes nor measures posting activity.
I hope these two programs will help members achieve greater rewards from both staking and posting.
Enjoy your week!
The MAXUV headline figures are:
MAXUV tokens active = 23,120
SP in MAXUV = 10,125
Earning SP = 19,205
Other STEEM = 640
Total STEEM = 10,765
MAXUV ABV = 0.51 STEEM
Estimated Gross Earnings = 4.28 STEEM per 1000 MAXUV = 22.3% APR
(4.28 = 2.38 votes + 1.90 income)
Estimated Net Earnings = 3.09 STEEM per 1000 MAXUV = 16.1% APR
(3.09 = 1.19 votes + 1.90 income)
Total MAXUV Distribution = 44.0 MAXUV
Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine. Also note that such values are volatile, especially any holdings priced in US$, so the above numbers are a snapshot and may have changed when you look at the @MAXUV account.
The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAXUV tokens.
Full details of how the MAXUV token operates can be found at our launch document, although there have been tweaks and updates since.
Any questions, please ask in the comments below or in our public chatroom.
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
These short-term trading games may re-open if there is the demand.
The links are presented for information purposes.
ONECENT: The First Strategic Token Investment Game (STIG)
