Welcome to our weekly MAXUV account statement.
Our hybrid votes-and-rewards model seems to be working well, with total income significantly higher than many other programs for a similar stake.
Really, is worth just repeating what I said last week...
Our data continues to look weird! All I can say is that outbound votes are worth far more due to the high SBD, and that this effect really dwarfs other metrics. The vote yield on Steem continues to fall - unadjusted for SBD - which means activity continues to increase.
The issue here is us under-selling our MAXUV service. As the unadjusted vote yield falls (due to rising activity) so the SBD-adjusted yield rises (due to high SBD). So it isn't about creating new metrics but about presenting what is really going on, albeit as estimates due to the reward-curve not being linear.
We have yet again seen a bit of income from both TRX and BLURT. The numbers are modest, so will do this as and when they add up to a meaningful amount.
Dlease rates seem, to me, to still be very high, but is good for delegators. Indeed, as users realise the value of TRX tokens, we may see these leasing rates 10-20% higher than the historical values that closely tracked vote-yields.
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 = 19,505
SP in MAXUV = 8,980
Earning SP = 18,220
Other STEEM = 270
Total STEEM = 9,250
MAXUV ABV = 0.53 STEEM
Estimated Gross Earnings = 4.05 STEEM per 1000 MAXUV = 21.0% APR (inc SBD est. 54% APR)
(4.05 = 1.74 votes + 2.31 income)
Estimated Net Earnings = 3.18 STEEM per 1000 MAXUV = 16.5% APR (inc SBD est. 34% APR)
(3.18 = 0.87 votes + 2.31 income)
Total MAXUV Distribution = 45.0 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.