MAXUV Weekly Statement & Token Distribution - over 25% APR - 19 July 2020 [MAP Steem FinTech]

in Project HOPE4 years ago

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 progress towards balancing the member benefits between votes and rewards.

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. 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 25% 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 = 30,345
SP in MAXUV = 15,415
Earning SP = 24,395
Other STEEM = 1075
Total STEEM = 16,490

MAXUV ABV = 0.55 STEEM

Estimated Gross Earnings = 7.34 STEEM per 1000 MAXUV = 38.2% APR
(7.34 = 5.05 votes + 2.29 income)
Estimated Net Earnings = 4.82 STEEM per 1000 MAXUV = 25.0% APR
(4.82 = 2.53 votes + 2.29 income)

Total MAXUV Distribution = 69.0 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.



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I am beginning to wonder which one will be quite okay between maxuv and mapr

Hi, the main difference is that MAPR accepts delegations but gives no member votes, whereas MAXUV has no delegations but does give some member votes.

So really depends on your own strategy and balance between available SP vs posting.

 4 years ago 

Hello @maxuv.

The content of this post is very similar to this publication:
https://game.dclick.io/posts/@maxuv/maxuv-weekly-statement-and-token-distribution-19-april-2020-map-steem-fintech

There are only a few changes, but both items look similar.

Could we consider this article as content plagiarism?

Of course they look similar, they are weekly reports. They are written for the benefit of members so they know where the information is.

How do I "plagiarise" myself? And FYI, many accounts that posted template-based newsletters etc were whitelisted by cheetah precisely coz the content changes even if the template stays the same.

 4 years ago 

Thanks for your explanation.
I'm sorry for your obfuscated tone. I didn't mean to bother you.

Thank you for choosing Project Hope to share your weekly report (template) with us.

Although I do not believe that this type of publication gains traction within our community since it does not generate any type of interaction or feedback between members.

Finally, I want to make it clear that I did not accuse you of plagiarism.

It has been a pleasure to talk with you.

Many thanks. In my chats with Piotr, we thought we'd give this a try for a couple of months. If, as you say, the posts do not seem so popular, then can review it. Would be good to have more info and discussion about the Steem economy, but that seems unlikely if anything negative is taken as being anti-platform when it could just be the ebb and flow of the economic system. (Not saying that about PH, just the general tribalism across similar platforms.)

I am beginning to wonder which one will be quite okay between Zolaxis Patcher and mapr

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