My weekly look at Blurt's economic indicators.
All rises and falls are relative to last week.
Blurt Economic Indicators
BLURT Supply = 510.29 million (+780k)
Vested BLURT (BP) = 57.8% (+0.0)
BP Voting Capacity = 50.7% (-1.6)
Reward Pool = 1.989 million BLURT (+0.015M)
Recent Claims = 224.4 TRshares (-4.8T)
Vote Yield estimate (100k BP) = 18.7% APR (+0.6)
Author/Curation Yield estimate = 9.3% APR (half of the Vote Yield)
SWAP.HIVE:SWAP.BLURT Average Yield = 5.5% APR (BeeSwap)
You can also see the raw numbers on a blockchain explorer.
Tutorial: Blurt Economic Indicators Explained
Insights
After many weeks of oscillations, we see some changes this week, both from the broader market and specific to Blurt.
We see that activity has dropped further compared to last week; this may well be due to these sporadic down-times we see from the chain. The upside for those who are voting is that the yield has jumped up to 18.7%; this has risen sharply in the last couple of weeks from below 18%.
In contrast, the average APR from the swap-pool has dived to just 5.5%. The way swap-pool incentives are calculated, this particular drop is largely due to the drop in the BLURT/HIVE price as rewards are largely paid in BLURT.
Any questions, just ask.
BLURT Prices
We now have a BLURT price feed within the Blurt wallet, so I shall show the difference between our BLURT feed estimate and the BLURT pool price.
BLURT feed: $0.0025 (-13%/week)
BLURT in SWAP.HIVE:SWAP.BLURT pool: $0.0023 (-20%/week)
BLURT price has dropped this week in USD terms but flat to higher in BTC terms. Now trading within a narrow range of around 9-11 satoshis.
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 SWAP.BLURT will increase the price and selling 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.