Blurt Economic Indicators - 27 August 2023

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

Blurt Economic Indicators

BLURT Supply = 511.10 million (+810k)
Vested BLURT (BP) = 57.8% (+0.0)
BP Voting Capacity = 52.1% (+1.4)

Reward Pool = 1.958 million BLURT (-0.031M)
Recent Claims = 231.0 TRshares (+5.6T)

Vote Yield estimate (100k BP) = 17.9% APR (-0.8)

Author/Curation Yield estimate = 9.0% APR (half of the Vote Yield)

SWAP.HIVE:SWAP.BLURT Average Yield = 3.8% APR (BeeSwap)

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

Tutorial: Blurt Economic Indicators Explained

Insights

As hypothesised last week, the then drop in activity seems to have been due to the RPC issues. This week sees the vote yield move back just below 18% and other metrics moved back to similar levels to recent weeks.

The swap pool yield has dropped further, but this time it seems to be because of an increase in TVL, with only a small price drop. Note that the pool incentives expire this coming week, with no indication as yet if a new cycle will be added.

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: $0.0024 (-5%/week)

BLURT in SWAP.HIVE:SWAP.BLURT pool: $0.0024 (+4%/week)

BLURT price has levelled out across the two feeds this week in USD terms and 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.

---