MPATH Weekly Report and Token Distribution - 17 May 2020 [MAP Hive FinTech]

Welcome to the MPATH Weekly Report.

I know, I still have to post a launch document explaining the whole program, but as all current members come from the MAXUV program I assume they know how this works. Will post a full description this coming week - hopefully. This hasn't stopped some healthy sales this week!

The key message this week is that MPATH on Hive is currently yielding more than MAXUV on Steem.

MPATH is currently in a "transition phase", being both a vote-bond and a reward-generator. This means the upvotes remain in place, yielding 100% vote per day for 2000 MPATH tokens plus a share in our weekly income. We may, indeed, leave it using this algorithm, as members seem to be happiest with a mixture of votes and rewards.

This means that members who post will be earning far more than they would with the same self-voting HP, and those who post infrequently are still also earning with their stake.

Because everyone has different stakes and different posting frequencies, each member will need to calculate their own overall gains from MPATH, but we do have a measure that can be tracked from week to week to see our progress. Assuming a holding of 2000 MPATH tokens and daily posting, we can calculate our maximum possible return. This is the number you see below as Estimated Earnings, and for this week it comes to 6.19 HIVE per 1000 MPATH.

This yields a huge 32.8% APR for this week. This is largely due to our increase in our own invested delegations, as mentioned last week; these are actually back to where they were before the Hive fork over on Steem. But this week has also seen some significant token sales, so they too will increase income for everyone. As always, I give the caveat that individual member returns depend on many things, but this is our baseline figure to see how income changes from week to week.

We shall hold the MPATH market sale price at 0.5 HIVE while the ABV increases. This has increased from 31 to 33 cents this week. As our other tokens, MAPX and MAPXV, un-wind and the powered-down HIVE will be sent to cover those members who opted for a token-swap over on Steem. This will take a few weeks, but it will happen. Once the ABV is higher than our buy-back price, then we shall start to increase our MPATH sale price.

A final reminder that the maximum holding to receive votes is 2000 MPATH, and the maximum to receive reward distributions is 5000 MPATH. You may, of course, own more than this as an investment. We shall increase these if we see the demand to do so, but they are there to attenuate the effects of large accounts and thereby help the smaller accounts.

Have a good week!

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The MPATH headline figures are:

MPATH tokens active = 36,470
HP in MPATH = 11,122
Voting HP = 31,185
Other HIVE = 922
Total HIVE = 12,044

MPATH ABV = 0.33 STEEM

Estimated Earnings = 6.19 HIVE per 1000 MPATH = 32.8% APR
Total MPATH Distribution = 42.3 HIVE = 84.6 MPATH tokens (at 0.5 HIVE sale price)

Note that "Other HIVE" is the sum of all holdings not powered up as HP: liquid HIVE and HBD plus holdings within Hive-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 @MPATH account.

The Asset Backed Value (ABV) is our total holdings calculated in HIVE divided by the number of active MPATH tokens.

Any questions, please ask in the comments below or in our public chatroom.

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