EDSvote update #49 | Smashing it as always!!

Welcome all to this week's EDSvote update where we look at a range of different things. Please follow the @eddie-earner account to make sure all our reports are going into your feed and you can easily stay updated on your investment.

What is EDSvote?
Eds-vote is an account that people can delegate HIVE POWER to. In return for their delegation, they will receive EDS tokens each Monday.

The delegated HP will be used to curate content on HIVE and provide small upvotes for those that hold over 100 EDS tokens. Delegating HIVE POWER to @eds-vote will not result in an upvote. This is not a delegation to upvote service. It is a way to distribute the remaining reallocated EDS into circulation.

What are EDS tokens?
EDS tokens are HIVE income tokens that are pegged and backed to 1 HIVE each. They pay out weekly dividends every Monday based on 12% of the total powered-up HIVE balance of the @eddie-earner account. This is currently paying out an APY to token holders of roughly 35%.

How does it work?

For full details, please see How EDSvote works and How EDSvote affects the EDS APY long over the next 25 years

Report #49

Let's have a look at the numbers in chart form as this is the best way to see performance and predict the future.

Incoming delegations this week up again which is always amazing to see. We currently have 136k HP incoming and as you can see from the chart, we grow most weeks and in a few years time, we could be massive and minting tons of EDS for delegators.

Really good week with a curation APY of 9.04%. I did say last week that curation APY would be up this week because the voting power got hammered the week before. We're slowly building the VP back up so we'll be back to 8% next week.

Good curation APY means good HP earned. This week, we pulled in 235 HP which is one of the highest weeks we've had so far. It is a big jump from last week, close to 15% more and it will be short-lived as we'll drop to between 105-115 next week at a guess. I always say anything over 100 is good.

Good curation earnings mean good EDS mintage and this week we issued out 118 from @eds-vote. It's not small potatoes when we think that EDS miners mint just under 300 a week and @eds-vote is still growing.

Thank you for taking the time to read through this
If you have any questions are would like to leave some feedback, please do so below and I'll get back to you at some point soon.