Blurt Economic Indicators

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

BLURT Supply = 498.36 million (+750k)
Vested BLURT (BP) = 57.4% (+0.1)
BP Voting Capacity = 51.2% (+0.0)

Reward Pool = 1.963 million BLURT (-0.001M)
Recent Claims = 219.6 TRshares (+0.4T)

Vote Yield estimate (100k BP) = 18.8% APR (+0.0)

Author/Curation Yield estimate = 9.4% APR (half of the Vote Yield)

SWAP.HIVE:SWAP.BLURT Average Yield = 7.5% APR (BeeSwap)

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

Tutorial: Blurt Economic Indicators Explained

Insights

Still oscillating around the 19% APR vote yield. Indeed, numbers fairly flat compared to the previous week, which just means that activity has held steady.

The incentive yield in the HIVE:BLURT pool has dropped and is currently below the curation yield, although remains a 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: $0.0022 (-15%/week)

BLURT in SWAP.HIVE:SWAP.BLURT pool: $0.0020 (-10%/week)

BLURT price has been edging lower this week in USD terms, although flat in BTC terms. Now trading within a range of around 6-9 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.

Reminder. Sell your BYT on Hive-Engine as your tokens will be worthless after the end of May 2023. Paying attention pays.