My weekly look at Blurt's economic indicators.
All rises and falls are relative to last week.
Blurt Economic Indicators
BLURT Supply = 463.2 million
Vested BLURT (BP) = 55.5% (+0.1)
BP Voting Capacity = 36.2% (+0.1)
Reward Pool = 1.928 million BLURT (-0.028M)
Recent Claims = 148.5 TRshares (+4.0T)
Vote Yield estimate (100k BP) = 26.4% APR (-1.1)
Author/Curation Yield estimate = 13.2% APR (half of the Vote Yield)
You can also see the raw numbers on a blockchain explorer.
Insights
Apologies, this is a few hours late as had internet issues. However, all the data was taken yesterday, so is a fair reflection before the most recent crypto selloff.
Apart from the sudden price drop, the actual activity parameters above show the same trend of recent weeks, with increasing activity leading to a lower gross vote yield. This remains positive for bloggers; and investors are still getting higher returns than the other DPOS chains.
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 20% APR (average 16%)
Hive DLease rates: max 10% APR (average 8%)
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: $0.0197 (-20%/week)
BBLURT price: $0.0190 (-21%/week)
These numbers were taken at around midnight Sunday local time, so do not yet reflect the fall that happened a few short hours later.
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.
Buy BYT on Hive-Engine
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Can be done directly here.
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Posted from https://blurtlatam.com
Congratulations, your post has been upvoted by @r2cornell, which is the curating account for @R2cornell's Discord Community.
We have been seeing the blurt price is moving around $0.020. Hope it will grow very soon!
Congratulations, your post has been curated by @techclub
@samhenrytenplus