MAXUV Weekly Statement & Token Distribution - over 30% APR - 20 June 2021 [MAP Steem FinTech]
Welcome to our weekly MAXUV account statement.
Our hybrid votes-and-rewards model seems to be working well, with total income significantly higher than many other programs for a similar stake.
Good to see our income back up this week! Apologies again for the voter-hiccup, but as mentioned before, all posters were rewarded with extra manual votes a couple of weeks ago.
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.
Also worth noting that, without the SBD up-lift, curation yield on Steem is about 13% APR for a large account, and closer to 8% for an SP of our size. So, compared to our staked fund, our yield is much higher than would be expected from just randomly voting!
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.
Sometimes I feel like I'm making money for ghosts, so I shall think up a few things to stimulate once again this paying attention economy. As always, such things shall be announced in these weekly posts. Still thinking - we are down to a skeleton crew. Those members who may be reading this and also hold MAPR tokens, should read the latest posts there.
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!
The MAXUV headline figures are:
MAXUV tokens active = 17,840
SP in MAXUV = 7,950
Earning SP = 17,260
Other STEEM = 100
Total STEEM = 8,050
MAXUV ABV = 0.50 STEEM
Estimated Gross Earnings = 3.88 STEEM per 1000 MAXUV = 20.2% APR (inc SBD est. 42% APR)
(3.88 = 1.64 votes + 2.24 income)
Estimated Net Earnings = 3.06 STEEM per 1000 MAXUV = 16.0% APR (inc SBD est. 28% APR)
(3.06 = 0.82 votes + 2.24 income)
Total MAXUV Distribution = 40.0 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.