Blurt Economic Indicators

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

BLURT Supply = 507.91 million (+730k)
Vested BLURT (BP) = 57.7% (+0.0)
BP Voting Capacity = 52.9% (-0.3)

Reward Pool = 1.965 million BLURT (+0.005M)
Recent Claims = 232.4 TRshares (-0.9T)

Vote Yield estimate (100k BP) = 17.8% APR (+0.1)

Author/Curation Yield estimate = 8.9% APR (half of the Vote Yield)

SWAP.HIVE:SWAP.BLURT Average Yield = 9.8% APR (BeeSwap)

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

Tutorial: Blurt Economic Indicators Explained

Insights

With post rewards paying on a 7-day cycle and with both the reward pool and recent claims operating on a 15-day cycle, it is not surprising that our weekly statistics should oscillate, without showing any new trend.

We see recent claims and voting capacity decreasing slightly this week, yet the reward pool remains flat; all this means is that activity is more or less on a par with the replenishing rate of the pool, and the yield has edged upwards. If such activity were to nudge upwards, then we will see the pool start to shrink, and the yield estimate drop.

The incentive yield in the HIVE:BLURT pool has increased a bit, and remains above the curation yield; still a valid passive source of income. There is also 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: $0.0028 (-3%/week)

BLURT in SWAP.HIVE:SWAP.BLURT pool: $0.0031 (-3%/week)

BLURT price has been stable, to slightly down, this week in USD terms but flat to lower in BTC terms. Now trading within a narrow range of around 8-10 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.