MAXUV Weekly Statement & Token Distribution - over 35% APR - 2 May 2021 [MAP Steem FinTech]

in crypto •  last month 

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.

Slight improvement this week, with overall gross yield slightly up and distribution slightly higher than last week.

Not much to add this week.

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.

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 = 19,410
SP in MAXUV = 8,970
Earning SP = 18,230
Other STEEM = 270
Total STEEM = 9,240


Estimated Gross Earnings = 4.00 STEEM per 1000 MAXUV = 20.8% APR (inc SBD est. 53% APR)
(4.00 = 1.63 votes + 2.37 income)
Estimated Net Earnings = 3.19 STEEM per 1000 MAXUV = 16.6% APR (inc SBD est. 35% APR)
(3.19 = 0.82 votes + 2.37 income)

Total MAXUV Distribution = 46.0 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.

Building Steem's Fintech



Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!