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
Fairly standard week with 489 EDSI minted this week, bringing the total supply up to 97,527. Mintage for the past few months has been very consistent, which is great, but more would be better.
We powered up 409 HIVE this week after paying out the income pool. The balance is still growing but it could be faster. I'll explain more in the roundup.
Income is still locked to 335 HIVE, but i think we're going to have to change that soon. As above, more details in the roundup.
The EDSI APY decline this week is -0.09% bringing the APY to 17.92%.
Weekly Roundup
Another standard week with not much changing. I notice each week we our minting more EDSI tokens than we our powering up HIVE. This is happening because I locked the income pool, thinking the model would catch up but it's not catching up. I've ran a few sims looking out a few years and long story short, we need to switch over from the locked income pool and get back to the EDSI model.
We voted to reduce the income pool from being equal to 12% of the eddie-earner HP balance down to 9% so within the next few weeks, a post will be uploaded to some more details and share projections. Again, long story short, the EDSI APY is going to drop 20-25%, but the weekly decline will reduce to 0.01% per week bring us much closer to the EDSI flip.
After we do this switch, more HIVE will be getting powered up compared to the EDSI being minted. Anyways, a post will be released within the next fortnight to explain in greater detail.
Thank you for taking the time to check out this weeks 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
SUB FOR WEEKLY EDSI UPDATES Ask in the comments below to get tagged to these weekly EDSI update posts
@siddhartaz, @dkid14, @noctury, @stickupboys, @ericburgoyne, @shanibeer, @riandeuk, @thatcryptodave, @relict, @curatorcat.pal, @oldmans, @chaosmagic23