Blurt Economic Indicators

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week. This report is a day late, so the numbers apply to an 8-day period. This affects raw numbers by about 15%, but the effects on metrics such as the yields are negligible.

BLURT Supply = 496.92 million (+920k) (+805k weekly est.)
Vested BLURT (BP) = 57.2% (-0.1)
BP Voting Capacity = 52.2% (+0.6)

Reward Pool = 1.939 million BLURT (-0.008M)
Recent Claims = 222.9 TRshares (+2.9T)

Vote Yield estimate (100k BP) = 18.2% APR (-0.4)

Author/Curation Yield estimate = 9.1% APR (half of the Vote Yield)

SWAP.HIVE:SWAP.BLURT Average Yield = 9.0% APR (BeeSwap)

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

Tutorial: Blurt Economic Indicators Explained

Insights

Activity increased further this week compared to last; still all just oscillations within a shallow upward trend. Although very slow, the chain has been drifting from a vote yield above 20% to the current rate below 19%. We shall see if 18% becomes a new plateau.

The incentive yield in the HIVE:BLURT pool has dropped from last week's spike up, so is now just below the on-chain curation yield. At this rate it still has the advantage of being passive, plus there is a daily bonus of 1% so that individual yields increase for longer staking.

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: $0.0021 (-12%/week)

BLURT in SWAP.HIVE:SWAP.BLURT pool: $0.0020 (-22%/week)

BLURT price has been down this week in USD terms. Now trading within a range of around 7-10 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.

Reminder. Sell your BYT on Hive-Engine as your tokens will be worthless after the end of May 2023. Paying attention pays.