MAXUV Weekly Statement & Token Distribution - over 20% APR - 6 December 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 for a similar stake.
This has been a stable week for the overall fund, but we have made some extra profits from our posts with SBD being around $3 and over. This doesn't help much with curation rewards but it obviously does with author payouts.
At some point we will hit the debt-ratio ceiling, so even if the price of SBD remains high the printing rate falls to zero and so nobody benefits overall. We'll take the good times while they last! This week's profit distribution has gone up from 49 to 61 MAXUV.
IMPORTANT NOTICE: The minimum MAXUV holding to get both votes and income distributions will be raised to 10 MAXUV from the current 1 MAXUV. Please read this post. The change takes place this weekend, starting from after this distribution has been completed.
Dlease rates seem, to me, to still be very high, but is good for delegators.
A further reminder, that the voting will remain at 100% for 2,000 tokens, and the capital limit is 5,000 tokens for a share in the weekly rewards. You may, of course, hold more than this like a deposit account. Minimum holding is now 10 MAXUV tokens.
The difference between MAXUV and MAPR is that MAXUV will have no delegators and will be paying out in MAXUV tokens whereas MAPR does accept delegators, pays out in tokens to auto-compound but does not give upvotes nor measures posting activity.
I hope these two programs will help members achieve greater rewards from both staking and posting.
Enjoy your week!
The MAXUV headline figures are:
MAXUV tokens active = 22,340
SP in MAXUV = 10,890
Earning SP = 20,015
Other STEEM = 185
Total STEEM = 11,075
MAXUV ABV = 0.51 STEEM
Estimated Gross Earnings = 5.13 STEEM per 1000 MAXUV = 26.7% APR
(5.13 = 2.40 votes + 2.73 income)
Estimated Net Earnings = 3.93 STEEM per 1000 MAXUV = 20.4% APR
(3.93 = 1.20 votes + 2.73 income)
Total MAXUV Distribution = 61.0 MAXUV
Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine. Also note that such values are volatile, especially any holdings priced in US$, 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.
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)