MAXUV Weekly Statement & Token Distribution - over 19% APR - 13 February 2022 [MAP Steem FinTech]
Welcome to our weekly MAXUV account statement.
![](https://steemitimages.com/640x0/https://i.imgur.com/nmPqcIV.png)
Our hybrid votes-and-rewards model seems to be working well, with total income significantly higher than many other programs for a similar stake.
Our reward distribution has decreased a bit this week, indeed the numbers are similar to two weeks ago. Much of that is due to the vote yield rising a notch while our own income has fallen a bit, although with SBD rising again the adjusted votes going out have been level. The Steem blockchain itself remains fairly static in terms of yield.
As very few seem to be selling tokens, I am powering back up some of the weekly power-downs if I see no need for them on the market. I shall also place a small amount of MAXUV tokens for sale at a discount. We have been on a plateau for some months now, even when the returns including votes is very good. So although overall power is nowhere near as high as I'd like it to be, there is no imminent reason to wind down - much of it is on automatic anyway. Indeed, we are seeing a slow rebuilding of the fund's finances, as so many other tokens have stopped trading.
Due to the non-linear reward curve, we see our income distributions remain significantly higher than the unadjusted vote-yields; I suspect this will continue for longer, but the adjusted figures, that include the SBD uplift, remain very good given the size of our voting power.
We have yet again seen a bit of income from both TRX and BLURT. The numbers are modest, so will do this as and when they add up to a meaningful amount.
A further reminder, that the voting will remain at 100% for 2,000 tokens, and the capital limit is 5,000 tokens for a share in the weekly rewards. You may, of course, hold more than this like a deposit account. Minimum holding is now 10 MAXUV tokens.
The difference between MAXUV and MAPR is that MAXUV will have no delegators and will be paying out in MAXUV tokens whereas MAPR does accept delegators, pays out in tokens to auto-compound but does not give upvotes nor measures posting activity.
I hope these two programs will help members achieve greater rewards from both staking and posting.
Enjoy your week!
![](https://steemitimages.com/640x0/https://i.imgur.com/nmPqcIV.png)
The MAXUV headline figures are:
MAXUV tokens active = 16,000
SP in MAXUV = 7,300
Earning SP = 16,820
Other STEEM = 180
Total STEEM = 7,480
MAXUV ABV = 0.50 STEEM
Estimated Gross Earnings = 3.05 STEEM per 1000 MAXUV = 15.8% APR (inc SBD est. 29% APR)
(3.05 = 1.42 votes + 1.63 income)
Estimated Net Earnings = 2.34 STEEM per 1000 MAXUV = 12.1% APR (inc SBD est. 19% APR)
(2.34 = 0.71 votes + 1.63 income)
Total MAXUV Distribution = 26.0 MAXUV
Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine. Also note that such values are volatile, especially any holdings priced in US$, so the above numbers are a snapshot and may have changed when you look at the @MAXUV account.
The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAXUV tokens.
Full details of how the MAXUV token operates can be found at our launch document, although there have been tweaks and updates since.
Any questions, please ask in the comments below or in our public chatroom.
![](https://steemitimages.com/640x0/https://i.imgur.com/nmPqcIV.png)
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