MAP FinTech - M Token Distribution to Delegators and Price Increase - 18 January 2021
Our weekly report for both delegators and token-holders of M.
Delegators have received their token distribution and token-holders see the price rise a significant amount.
M News
A fairly good week, with reward distribution slightly up on last week.
Apologies that payments have gone out late; offline life happens.
Again, we see that the blockchain yields remain stable even though the coin prices may fluctuate. Thus it has always been; such changes happen in response to activity, such as voting, rather than external price influences.
Enjoy the silence.
The Numbers
Distribution to delegators = 0.286% = 14.9% APR
Buyback price = 0.917 HIVE (+0.002) = +12.0% APY
Hive gross actual vote = 15.6% APR
Hive gross linear vote = 24.2% APR
The Hive vote estimates are calculated based on the average weekly prices. The "gross actual vote" is calculated based on our HP; the "gross linear vote" is calculated based on a stake of 1 million HIVE and hence approximates to the reward curve's linear asymptote.
The buyback price increase is shown as an APY because members are automatically compounding their tokens, whereas the distribution uses an APR value as that reflects the delegation income. Older-style info can be seen in our last post using the old format. The new format is explained in more detail here.
Have a fine week!
Any questions, please ask in the comments below or in our public chatroom.
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