Blurt Economic Indicators - 15 May 2022

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

Blurt Economic Indicators

BLURT Supply = 460.1 million
Vested BLURT (BP) = 55.0% (+0.1)
BP Voting Capacity = 36.1% (+0.1)

Reward Pool = 1.986 million BLURT (-0.002M)
Recent Claims = 137.3 TRshares (+1.1T)

Vote Yield estimate (100k BP) = 29.1% APR (-0.2)

Author/Curation Yield estimate = 14.5% APR (half of the Vote Yield)

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

Insights

Vesting continues to be robust, and a slight turn-around from last week, with but a small rise in voting capacity and claims - we thus see the vote yield drop a little. All very much random noise within, for now, fairly stable parameters.

We also see the BLURT price continue to largely follow its own trend, based on supply and demand, rather than just following other coins. The price is holding firm in BTC terms, dropping very slightly in USD value.

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 30% APR (average 22%)
Hive DLease rates: max 13% APR (average 10%)

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: $0.0252 (-3%/week)

BBLURT price: $0.0258 (+2%/week)

BLURT has held firm all week, just while the crypto market holds its breath for the next lurch - in either direction.

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!

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Buy BLURT on Probit, Ionomy, Hive-Engine.

Buy BYT on Hive-Engine

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