MPATH Weekly Report - 7 March 2022

Welcome to the MPATH Weekly Report.

Some new info this week!

As mentioned in the most recent announcement, the MPATH program is winding down in an orderly fashion. Much of the text below is a copy of recent posts but serve as a reminder to those members who haven't yet acted. The data below will be updated weekly.

We have finally reached the end of the line. The last distribution was done some weeks ago. Votes have stopped. The only thing left to do is to buy back the remaining MPATH tokens.

I have added the drop in the amount of active MPATH tokens per week, just to show progress. The large 13-week cycle has ended and we are now in the smaller second cycle of HIVE earnt during the first power-down. We are now down to only about 300 token buybacks per week, so this will take 9 or 10 weeks longer, assuming everybody takes action.

Note that the two power-downs are now slightly out of sync and hence buybacks will be done twice per week.

I have even sent comments to a few members who still appear to be blogging. I think that's going slightly beyond the call of duty. Once the 0.60 HIVE buybacks have cleared, I will start to decrease the price.

I have now removed one more metric, the effective voting power, as no votes have been given out for some time. We are really now just looking at MPATH tokens left and the HIVE that backs them. We are still earning while winding down and the best performing assets will be sold last.

Here is a graph of the MPATH token price. (Thanks to @gerber for the discord-bot.)