My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

Blurt Economic Indicators

BLURT Supply = 467.4 million
Vested BLURT (BP) = 55.5% (+0.1)
BP Voting Capacity = 33.8% (+0.7)

Reward Pool = 1.923 million BLURT (-0.007M)
Recent Claims = 131.3 TRshares (+2.9T)

Vote Yield estimate (100k BP) = 29.7% APR (-0.5)

Author/Curation Yield estimate = 14.8% APR (half of the Vote Yield)

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

Insights

The economic system has almost flushed out the changes that came about after the chain stopped for three days. Most metrics are back to where they were 3 weeks ago, apart from the claims, that still need a further couple of days. We shall see next week whether the vote yield will have dropped back to about 26% APR.

Note that vested BLURT and voting capacity remain robust.

Any questions, just ask.

Comparisons

I was going to remove these comparisons with other Graphene chains, but there continues to be talk of the relationships between the chains that these 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 23% APR (average 17%)
Hive DLease rates: max 13% APR (average 9%)

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

Steem debt is now well over its ceiling of 10% and hence SBD printing is now zero. However, the Dlease yields remain higher than the chain's vote yield.

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: $0.0069 (+10%/week)

BBLURT price: $0.0069 (+10%/week)

BLURT price is pausing at around the 30-33 satoshis range. Not as yet clear where it is heading from here.

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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Please vote for my witness account @busbecq.
Can be done directly here.
A witness is more than a machine - and so are you.
Thanks!

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