MAXUV Weekly Statement & Token Distribution - over 24% APR - 26 July 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.
This week we have made some solid progress towards balancing the member benefits between votes and rewards.
This is the first time in which our estimated net earnings show that our income component is larger than the vote value. Our aim is to keep this at around the 50-50 mark, although impossible to do this absolutely precisely as there are daily variations and we are subject to the blockchain's own changing metrics.
There has been a slight overall drop, but this is due to the Steem economy that has been rapidly re-stabilising its yield. There is no sense, as yet, that this has reached a plateau, so I would expect this to drop further. Having said that, the rate of drop has slowed but not yet enough to call it stable. Let us not forget that the Steem blockchain has a coin minting rate of just over 8% per annum, so these returns remain exceptional value.
Also, delegations on DLease have risen to over 22% APR; I don't quite understand why, but even our author returns of over 24% are above this level. MAXUV has the additional advantage of having a much lower minimum stake. If you do have spare SP, then it may be worthwhile locking in these high returns. With the overall blockchain yield falling, I don't see these lasting much longer.
A reminder from previous posts, 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 = 29,540
SP in MAXUV = 15,080
Earning SP = 24,070
Other STEEM = 1010
Total STEEM = 16,090
MAXUV ABV = 0.55 STEEM
Estimated Gross Earnings = 7.14 STEEM per 1000 MAXUV = 37.1% APR
(7.14 = 4.74 votes + 2.40 income)
Estimated Net Earnings = 4.77 STEEM per 1000 MAXUV = 24.8% APR
(4.77 = 2.37 votes + 2.40 income)
Total MAXUV Distribution = 71.0 STEEM
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)
