EDS income token weekly report 25 - EDS now paying over 27%!

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 @eddie-earner account. This is currently paying out an APY to token holders of over 25%.

(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 @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 we issued a few thousand EDS mini miners (EDSMM). These things seem to much more popular than the 10 HIVE HIVE EDS miners (EDSM). The APY this week has increased to 27.49% which is mind-blowing. Remember, EDS tokens are pegged to HIVE. There are always buyers at 1 HIVE and sometimes people are willing to pay more than 1 HIVE because the HIVE income is amazing.

To be honest, im starting to like the fact that not alot of HIVE users are aware of EDS tokens. We all seen people FOMO int HBD now it's offering 20%, i (SSUK) jumped in as well cause 20% is 20%, 3.6 years to double your money. But here is EDS paying currently paying out over 27% on a token that is pegged to HIVE and maybe 300 max are aware of it. Feels like a secret 🤫

196 EDS tokens are minted this week, 98 from each EDSM and EDSMM. Last week i burnt 200 EDS, this week we're but to normal. I have a buyer order in now for 50 EDS at 1 HIVE each, I think it is 27 EDS the way there so im sure it'll not take long to fill. EDS token supply has increased by roughly 2200-2300 from year start 25 weeks back. That sounds about right with each miner minting 5000 EDS per year and my burning some as well. All EDS bought back on HE are burnt, they are not resold, given away and used to pay operators, all burnt!

In the past 5 weeks, we have seen some fantastic growth in the HIVE POWER balance of @eddie-earner. Remember that the weekly HIVE income pool is equal to 12% APY on this balance, so more HIVE, bigger income pool, bigger incomes for EDS token holders.

We started out this year with an EDS APY of 22% and we've grown it to 27.5% today. You can see above that our growth is no flook and its increases many more weeks than not. How do I do this? I convert everything that goes into the Eddie-earner account into HIVE and power that shit up. This project is 100% HIVE POWER! no crappy tribe tokens, no underperforming dividend tokens, no gaming, no nothing!, only HIVE POWER! More HIVE POWER = Higher APY...facts. Look above the chart, it's right there.

The HIVE income pool has grown by 25% from year start while the circulating EDS supply has only increased by 8.7% resulting in a net increase for all EDS token holders. This weeks HIVE income pool is 133 and the way things are going, we'll hit 150 HIVE soon. As you can see, the income pool only increases in value each week. You will not find a week int he above chart where the amount has decreased from one week to the next. There's a few like 6-7 and 12-13 that look like they might be below the previous week but i can assure you, they are not. You know what, i can show you numbers. Sorry, it's thin and long (thats what she said).

Increases each and every week. Pretty cool? Market proof as well. EDS will continue on this path in a bear or bull market because it's 100% HIVE. There are no variables and the dollar value is irrelevant.

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 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 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

Hmm, I have pretty much already said everything I wanna say above under the charts.

Buying EDSMM directly
You can buy EDS mini miners directly by sending any amount of HIVE to @eddie-earner. Please DO NOT set up recurring payments. The code does not pick them up as they are a little different than a normal transaction, we will get it working at some point but for now direct sales only, please.

With that all said, everything is going perfectly to plan. The EDS mini miners (EDSMM) are selling a little faster than I guessed they would and that's great. I can always increase the supply of these if they are popular and the demand is there. How? I increase the mining rewards and start over. If we can sell 25k EDSMM that mine 5k EDS per year, i can supply increase the mining rewards to 10k per year and then create another 25k EDSMM. This would mean anyone holding EDSMM at that moment would suddenly see their mining rewards double in an instant. More than double but that's 5-6 lines im lazy to write and this is just an idea or a path we can that when EDSMM sell out. The short story would be, that it would be very good for people already holding EDSMM tokens and fantastic for EDS as it would be powering up more HIVE and could even push the account to 100k. Ahhh, I can dream but with this,m I dont think I have to.

Have a great Monday everyone and thanks for checking out this week's EDS report.

@eddie-earner is operated and its wallets/funds are backed by SPinvest