MPATH Weekly Report and Token Distribution - over 21.0% APR - 30 August 2020 [MAP Hive FinTech]

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Welcome to the MPATH Weekly Report.

This has been a decent week, with earnings dropping slightly but our MPATH token price increasing robustly.

As promised, we have held the MPATH token sale price at 0.60 HIVE as the buyback slowly increases to 0.55 HIVE. This week's price has risen to 0.515 HIVE.

You may also notice a large increase in our "Other HIVE" holdings, that now include a DCity under management. For now, this counts as capital and has meant we can increase our token price further. In the future, we should see this yielding profits that will go into our weekly distributions. It has always been a matter of balance how to distribute profits between rewarded tokens and the underlying token price.

Not much else to add this week.

As ever, I give the caveat that individual member returns depend on many things, but these are our baseline figures to see how income changes from week to week. This is also a good time to remind members that such high returns may require adjustments at times so that our Voting Power does not get too low. We have plenty of capacity left, so this is not an issue, as yet, but members with 2000 MPATH tokens are getting votes from about 35k HP, so even if the VP is down to 60% that's still an effective vote from a 21k HP account.

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. Also worth a reminder that any accounts below 1 MPATH will receive no benefits.

For full details, please read How the MPATH Program Works [May 2020].

Have a good week!



The MPATH headline figures are:

MPATH tokens active = 38,470
Earning HP = 39,265
Voting HP = 36,235

HP in MPATH = 19,013
Other HIVE = 1,433
Total HIVE = 20,446

MPATH ABV = 0.515 HIVE (+0.003, +30% APR)

Estimated Gross Earnings = 6.82 HIVE per 1000 MPATH = 35.5% APR
(6.82 = 1.38 income + 5.44 votes)
Estimated Net Earnings = 4.10 HIVE per 1000 MPATH = 21.3% APR
(4.10 = 1.38 income + 2.72 votes)
Total MPATH Distribution = 52.6 HIVE = 87.7 MPATH tokens (at 0.60 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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