MAXUV Weekly Statement & News - 15 March 2020 [MAP Steem FinTech]
Welcome to our weekly MAXUV account statement.
We continue to increase our SP base and have seen a few sales this week. Indeed, we had managed to get the price back to our standard 1 STEEM per MAXUV token when the TRON takeover of Steemit Inc was announced. But we're still there expanding.
Our total SP is now nearly 10,000 STEEM and growing, while our voting SP is nearly 25,000 STEEM. As MAXUV has been given out as prizes in the Nonsense Writing Contests, plus all the early promotional tokens, we remain slightly under an ABV of 1 STEEM. In this case, the more important thing is the value of the upvotes delivered and they remain high for the average user when compared to using that same STEEM as one's own SP.
MAXUV is now running from our own dedicated voters. These are not immune from node and API issues, but they will automatically look back at the blockchain and upvote any posts that may have been missed.
My contribution to the current Steem-Tron saga is my Proposal for NEW DPOS for Steem Decentralised Governance. The aim is to change the current tesne stand-off into a winless position for all side, hence we can discuss permanent solutions without threats (whether real or potential) from either side.
Many people have their own ideas, some even have merit, but they generally require deep changes to the code and we really don't have the time for that. However, I am glad to see a small number of devs moving towards a total recode.
If we make no changes, I expect a new round of antagonistic actions.
MAXUV was designed to continue the tradition set by MAPR of helping users make some extra money from their stake in STEEM. The new reward curve makes this even more pressing, and yet we have seen sluggish growth. I shall need to rethink - once again - how to best brand MAXUV. This sudden process of Tronification will focus the mind.
The MAPR fund is now 2 years old since the start of February. We've been making money for Steemians for a long time.
Enjoy your week!
Here are our weekly prizes.
Prizes last for 10 days and TRENDO tips are subject to availability.
The MAXUV headline figures are:
MAXUV tokens active = 11,411
SP in MAXUV = 9,881
Voting SP = 24,966
Other STEEM = 863
Total STEEM = 10,744
MAXUV ABV = 0.94 STEEM
MAXUV-meter = 100.0% (of 1 million SP)
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.
Target value for MAXUV-meter is 100% in 1 upvote per day, proportional to your token holdings as if delivered by 1 million SP.
Full details of how the MAXUV token operates can be found at our launch document.
Any questions, please ask in the comments below or in our public chatroom.
ONECENT: The First Strategic Token Investment Game (STIG)