Blurt Economic Indicators

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

BLURT Supply = 456.2 million
Vested BLURT (BP) = 54.0% (-0.2)
BP Voting Capacity = 36.0% (+0.1)

Reward Pool = 2.017 million BLURT (rising)
Recent Claims = 133.1 TRshares (rising)

Vote Yield estimate (100k BP) = 30.0% APR (flat)

Author/Curation Yield estimate = 15.0% APR (half of the Vote Yield)

You can also see the raw numbers on a blockchain explorer.

Insights

We have seen these stable numbers for about 3 weeks now. Changes are very small, and good to see the claims rising a little bit. We remain in a period of "changing of the guards", with those leaving being replaced by new entrants.

We are also seeing the BLURT price bottoming out. We shall need a few more weeks to see if this continues.

Not much else to say this week!

Comparisons

I was going to remove these comparisons with other Graphene chains, but we are approaching yet another Hive economic change, so maybe worth keeping these. If for no other reason, the three tokens share at least three exchanges, so the metrics below may help aid understanding the flow of coin trades.

A comparison with the other Graphene chains done using the DLease delegation rates.

Steem DLease rates: max 28% APR (average 21%)
Hive DLease rates: max 13% APR (average 7%)

Those rates have always tracked the profitability of each chain and have the advantage of being one simple number.

We now have a BLURT price feed within the Blurt wallet, so I no longer need to give my weekly price comparisons. Instead, I shall show the difference between our BLURT feed estimate and the BBLURT price.

BLURT feed: $0.0188 (+8%/week)

BBLURT price: $0.0189 (+3%/week)

The two prices have converged again this week, and moving upwards. In the last 2 weeks BLURT have moved up some 10% USD terms and about 25% in BTC terms.

Note that any swap pool price will not necessarily reflect open market prices. A swap price will only change when there is an actual trade; buying BBLURT will increase the price and selling BBLURT will lower it. There are no "open orders", so every transaction will have an effect. This is how arbitrageurs make their money: buying and selling price discrepancies across different markets.

I hope these numbers will give members some insights into how the Blurt economic system is managed and, more importantly, how each individual user can both benefit from and affect the whole chain.

Blurt Better!

Buy BLURT on Probit, Ionomy, Hive-Engine.

Buy BYT on Hive-Engine

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