Blurt Economic Indicators

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

Apologies, a day late - makes no differnce to any trends.

BLURT Supply = 457.9 million
Vested BLURT (BP) = 54.5% (+0.2)
BP Voting Capacity = 36.0% (+0.0)

Reward Pool = 1.983 million BLURT (falling)
Recent Claims = 135.0 TRshares (rising)

Vote Yield estimate (100k BP) = 29.3% APR (falling)

Author/Curation Yield estimate = 14.6% APR (half of the Vote Yield)

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

Insights

Yet another week with very slight changes. The collective Blurt Power has nudged up, as have the recent claims, thereby lowering slightly the gross vote yield, but were still hovering around the 30% mark - this means curation rewards come in at about 15% APR.

We are also seeing the BLURT price continuing to rise from last month's lows. Still some 10-20% needed to reach February's highs - depending on whether one looks at BTC or USD - but April has seen a doubling of the BLURT price, whatever the measure.

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 12% APR (average 6%)

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: $0.0286 (+24%/week)

BBLURT price: $0.0291 (+30%/week)

The two prices have converged again this week, and moving upwards.

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.

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