Blurt Economic Indicators - 30 October 2022

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

Blurt Economic Indicators

BLURT Supply = 478.1 million
Vested BLURT (BP) = 56.0% (+0.1)
BP Voting Capacity = 48.8% (-0.3)

Reward Pool = 1.926 million BLURT (+0.023M)
Recent Claims = 196.0 TRshares (-0.7T)

Vote Yield estimate (100k BP) = 20.1% APR (+0.3)

Author/Curation Yield estimate = 10.0% APR (half of the Vote Yield)

SWAP.HIVE:SWAP.BLURT Average Yield = 23.3% APR (BeeSwap)

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

Tutorial: Blurt Economic Indicators Explained

Insights

A very slight pull-back can be seen in overall activity, with the vote yield increasing slightly to just above 20% APR.

Also note, that buying BLURT is not only to power-up, but there is also the Tribaldex pool, shown above, that yields more than voting, and can be used as a passive source of some income.

Any questions, just ask.

Comparisons

I have finally removed the comparisons with Steem and Hive as the Dlease rates are now from a very small sample of users. Also, nobody has expressed an opinion that they find such comparisons useful. So, henceforth this section will be removed.

BLURT Prices

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: $0.0048 (+0%/week)

BBLURT price: $0.0045 (+0%/week)

BLURT in SWAP.HIVE:SWAP.BLURT pool: $0.0047 (+0%/week)

BLURT price has been pretty flat across the board, at least in USD terms. Range has also narrowed to around 23-25 satoshis. We shall see if there is any significant break-out.

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 (or 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.

Buy BYT on Hive-Engine

---

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

---