MAXUV Weekly Statement & Token Distribution - over 24% APR - 23 August 2020 [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 anything else I've seen.
Overall earnings have risen this week, both in terms of rewards and token price. Some of this is due to a decrease in active tokens, so enjoy this while it lasts.
Notice that our "Other STEEM" is now a rather low figure, as most investments in third-party tokens have been either sold off or marked down. This means we can concentrate on our own program, which seems to be earning nicely.
Another reminder that the MAXUV market is there to trade tokens. This is all very obvious but the price has fallen below our customary 0.90 STEEM buyback and there are some heavy sales before we ever get back to that level. This is all normal and how the market works; I have increased our power-downs to accommodate such sales but this takes time. There is no point the fund holding a huge reserve as that money would not be earning anything. So, if you are waiting for a sale, then just be patient - if not, then any quick sales will be a buying opportunity for someone.
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.
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 = 25,295
SP in MAXUV = 13,130
Earning SP = 22,140
Other STEEM = 132
Total STEEM = 13,262
MAXUV ABV = 0.55 STEEM
Estimated Gross Earnings = 6.70 STEEM per 1000 MAXUV = 34.8% APR
(6.70 = 3.92 votes + 2.78 income)
Estimated Net Earnings = 4.66 STEEM per 1000 MAXUV = 24.7% APR
(4.74 = 1.96 votes + 2.78 income)
Total MAXUV Distribution = 70.0 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.
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
These short-term trading games may re-open if there is the demand.
The links are presented for information purposes.
ONECENT: The First Strategic Token Investment Game (STIG)
