Hello EDSers and welcome to this week's EDSI report
What Are EDSI Tokens?
Eddie Earner Income (EDSI) tokens are income-generating tokens on the HIVE blockchain that pay weekly dividends every Monday. These dividends come from 12% of the total HIVE POWER balance held by the @eddie-earner account, providing token holders with an impressive annual percentage yield (APY) of over 22%.
Token Supply and Mining
EDSI has a hard cap of 500,000 tokens, with an initial public sale of 20,000 tokens priced at 1 HIVE each. New EDSI tokens can be minted in two ways:
- Staking EDS Miners (EDSM) or EDS Mini Miners (EDSMM).
- Delegating HIVE POWER to @eds-vote. - EDSM miners yield approximately 20% annually. - EDS-vote provides returns of about 4-5% per year.
Focused on Growth
The EDSI project converts all earnings, airdrops, and tribe tokens into HIVE, emphasizing maximum HIVE POWER accumulation. Managed by @shanibeer (Saturdays Savers Club) and @silverstackeruk (wallet) for SPinvest, this long-term project encourages users to buy, hodl, and grow their EDSI tokens.
How to Grow Your Earnings
- Buy EDSM miners to mint EDSI tokens automatically.
- Reinvest regularly to increase your token holdings and boost your weekly dividends.
- Alternatively, purchase EDSI directly from the market. Place a buy order at 1 HIVE per token and wait for it to be filled—miners often sell their rewards to secure profits.
In summary, EDSI offers a simple, hands-off way to earn passive HIVE income. Buy miners, stake your tokens, and watch your wealth grow over time!
Complete EDS eco-system explained - CLICK HERE
This Weeks EDSI Report
No report was done last week, so we've minted 1133.34 EDSI over the past 2 weeks, bringing the total supply up to 95,646.26.
Over the past 2 weeks, we have powered up close to 800 HIVE. Its amazing to watch the HP balance grow and see how the 3% increases over time. We earn around 86-88 HIVE per week from HP inflation alone, which is pretty cool, thats covers and backs almost a third of the EDSI tokens mined from EDSM & EDSMM. Total balance is 152,586.
Same old, same old. The HIVE income is still locked at 335 HIVE until 9% of the HP balance exceeds 335 HIVE. I had a quick look, and if we were to switch over to 9% right away, this week's income pool would be 263.18 HIVE.
152,586 * 0.09 = 13,732 per year 13,732 / 52.18 = 263.18 per week
We might be stuck on 335 HIVE for a while. We could take the chop to 9% which would result in powering up an extra 70 HIVE per week, but would also result in the APY dropping to under 15%.
This week's APY is 18.28%. It's still very good for holding a fairly liquid pegged HIVE token. It's not often an APY can drop for nearlyIts 3 years and still offer the best ROI on the platform, paid as liquid HIVE.
Weekly Roundup
It's been another solid week for EDSI and as always, things are going to plan.
Thank you for taking the time to check out this week's EDSI report!
Getting Rich Slowly from June 2019
| Token Name | Main Account | Link to hive-engine |
|---|---|---|
| SPI token | @spinvest | SPI |
| LBI token | @lbi-token | LBI |
| Top XV token | @spinvest | XV |
| Eddie Earners | @eddie-earner | EDSI |
| EDS miners | @eddie-earner | EDSM |
| EDS mini miners | @eddie-earner | EDSMM |
| EDS-vote | @eds-vote | n/a |
| EDS DOLLAR | @eds-d | EDSD |
| DAB token | @dailydab | DAB |
| DBOND token | @dailydab | DBOND |
| RUG token | @rugem | RUG |
Stay up to date with investments, and fund stats and find out more about SPinvest in our discord server
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@siddhartaz, @dkid14, @noctury, @stickupboys, @ericburgoyne, @shanibeer, @riandeuk, @thatcryptodave, @relict, @curatorcat.pal, @oldmans