This is the fourth, and last, February bonus.
Bonus distribution = 40,000 SWAP.BLURT + 100 SWAP.HIVE
Bonus equivalent = 520 SWAP.HIVE
HIVE per 100 BYT = 1.490 (0.700 USD)
ABV estimate = 0.419 (before this distribution); 0.405 (after this distribution)
Buyback estimate = 0.39-0.40 HIVE. (subject to market conditions.)
Note that the ABV in HIVE has dropped, but the payout in USD has risen quite a lot from last week.
As always, there is price guidance on the market itself as to the current buyback price.
As described numerous times, the aim of the BYT token was to generate income, from both voting on Blurt as well as staking across the Hive and Cosmos ecosystems. The mixture of tokens was also designed so that the effects of market price swings could be mitigated to some extent. Of course, this is not entirely possible, but we have seen numerous weeks where one sector of investments has risen while another falls, thereby still maintaining a fairly steady income. As many such tokens require to be unstaked, income has been dropping, yet remains a useful addition to the ABV. However, this also means that the prices going into the final month will be subject to similar oscillations as seen in the broader crypto markets.
Looking at the numbers now, it is likely we shall probably close above the target range of 0.1-0.2, possibly around 0.20-0.24, but this will depend on price swings during March. I feel we have already seen the bear market rally expected from the lows in Nov/Dec - which was also one reason for winding down slowly rather than abruptly at such a low - but if there is another sustained move upwards, I may then take such profits and be much closer to a known final closing price.
Enjoy!
And... your rewards are in SWAP.BLURT and SWAP.HIVE tokens for this week!
Thanks 👍