Hello EDS'ers. Today is the day we issue the EDS weekly report to keep all your guys up to date and let you know how things are going. 


![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23wCWrHgi1Nax8QwxnGpqmp9zkn5bmPz7DXAaFQc2gCayWkwAnsQ7XhUmsLvasa99mmG4.png)

#### What are EDS tokens?

EDS tokens are HIVE income tokens that pays out weekly dividends every Monday based on 12% of the total power up the balance of the @eddie-earner account. This is currently paying out an APY to token holders of over 25%.

**(Example of how the HIVE income pool is worked out)**
- EDS is pegged to 1 HIVE per token
- 12% of over 53,000 HIVE POWER pays out (53000*12/52.18) 121.88 per week
- 24,900 EDS in circulation each yield (121.88/24900) 0.0048 HIVE per week
- 0.0048 each week for 1 year (52.18) equals 0.255 HIVE
- 1 EDS pays out a HIVE income of roughly 25.5% per year

EDS tokens launched with a hardcap of 500,000 and a public sale of 20,000 tokens each issued for 1 HIVE each. The only way to mint new EDS tokens is by owning and staking either EDS miners (EDSM) are EDS mini miners (EDSMM) tokens. These miners when full issued and staked will yield a 20% minimum ROI per year.    

EDS converts all earnings, airdrops, tribe tokens into HIVE. This account is 100% focused on powering up as much HIVE as possible. It's just that single-minded.  This projects weekly saving club content is run by @shanibeer and wallet by @silverstackeruk both on behalf of SPinvest. This is a long term project and should be viewed as a token to stack up and HODL. By some miners, let them mint you some EDS tokens, build a pile and collect weekly HIVE dividends. In other words, bu some EDSM miners and forget about it. Add a few every week/month and watch your EDS pile grow. You can also buy EDS directly from the market, if you add a buy order for any amount at 1 HIVE each, it'll get filled. It might take a few days but it'll get filled as some miners like to sell their mining rewards right away to lock in them profits.  

![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23z7dRHBh2kmqDRKDtYmyW58kKA1GuBgMuA89C1Ew2qhzQdgS3JNYPe7nq1aBAaKRihfG.png)

Another week has passed and it has been a great week for EDS. I minted, listed on the exchange and announced that we are selling an additional 12,500 EDSMM. We have already sold just over 2000 since Wednesday so i have good numbers to report. 


![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23sxX9rBks8CHqNkNtgBDxGHpubvuDLQf2wTLk4oiDAz1ZyTUNmK4FMvCDG18UT6B1xMo.png)

APY is up to 31.33% for EDS so loving that and we are getting close to having 80,000 HP. Everything is up this week. 


![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23xLDYaE4T9H3jovsqEXPvTPKbDidNSGomfUdBmxFudnK9Ze43ob9Hni75NDXPz6VEYuN.png)


There were 215 EDS minted this week from EDS miners, this will be 247 next week and 247 going forward. We will cross over 30,000 EDS issued in2 weeks from now and than it'll be around 10 months to mint the next 10,0000.

![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23xLFhKwo63zPs4saDbkMNmEcQoptpz7Ln5YdQouwXFei47gt84Y6scHacNvcojt4DHix.png)

We see the nice boast this week at the last candle. EDS is turning into a bigger project than i thought it would be. EDS's HP balance will soon overtake SPI's HP balance and there is still lots of room for future growth. You can expect to see our HP balance growing over the next few months as the remaining 10,000 EDSMM are issued. 

![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23xLHyN5sC2MYj1P59N8eGd7G6H3xSzETiwBxdqyughHqCjF1Dar9URUepnyxuRSSwKTe.png)

When the HP balance increases, the HIVE income pool increases and it increased by over 5 HIVE this week which is amazing. At 177.38 HIVE, I think we can hit 200 HIVE per week by the time the remaining EDSMM are issued. Remember this income pool only increases each week so we're getting close to paying over 10,000 HIVE per year to token holders. 
 
![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23xpManHX5QBBV5nnLFkQK2HpALkkEzrkrs9ribRktLJktQRLazAfLh8tJnGcQscCE5cU.png)

After around 2 months to seeing the APY decline a little each week, its nice to see it jump again. The decline was planned, not so much planned, its part of the model so we knew it was going to happen. With more EDSS being listed on the exchange, we can expect to see the EDS APY increase a tiny bit each week are go sideways. 

Damn, i love that above chart. Its my favourite one 

![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23z7dRHBh2kmqDRKDtYmyW58kKA1GuBgMuA89C1Ew2qhzQdgS3JNYPe7nq1aBAaKRihfG.png)

**How do you build a HIVE income that only ever increases over time?** 
If the EDS project sounds right up your street, there are 2 ways to get your hands on EDS tokens. Building a HIVE income is one of those things when it's better to get started sooner than later. We all put money aside for a pension/old age with the money we earn from jobs, why not do the same with blockchain earnings? If blockchain is the future, why not be playing the game of life 3 steps ahead of everyone else? There's no day like a day to start increasing your income and the snowball effect is real when you have patience. 

**Mine them**
The 1st EDS miner (EDSM) is now sold out and can be bought from the hive-engine market by [clicking here](https://tribaldex.com/trade/EDSM)

The 2nd EDS mini miner (EDSMM) is still available to buy at the cost of 1 HIVE per mini miner by [clicking here](https://tribaldex.com/trade/EDSMM)
 

![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23sxk3avLYLq8qtTCkgUgq9ibat4rSddsW1XB8LqjbUNxLfADzCLryp44GnWP3EMdiJBd.png)


**Buy them**
Or buy them directly from hive-engine from someone looking to sell out. You can place a buy order for 1 HIVE and just wait, it will get filled. [Click HERE](https://hive-engine.com/?p=market&t=EDS)


![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23z7dRHBh2kmqDRKDtYmyW58kKA1GuBgMuA89C1Ew2qhzQdgS3JNYPe7nq1aBAaKRihfG.png)

#### Weekly Roundup

Things are going great, could not be going better to be honest. 

And i think I'll it there. Income payments will go out this evening and i wish to a fantastic week. 

#### [EDSMM for sale @ only 1 HIVE per miner](https://tribaldex.com/trade/EDSMM)

![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23z7dRHBh2kmqDRKDtYmyW58kKA1GuBgMuA89C1Ew2qhzQdgS3JNYPe7nq1aBAaKRihfG.png)

@eddie-earner is operated and it's wallets/funds are backed by SPinvest 

![image.png](https://files.peakd.com/file/peakd-hive/eddie-earner/23yx8TcDAyBkJL8fMQLidTCWVYmvL13xqokTv3YMCMDbfVLmNFnqqNqvenD5Z3N2PVsxS.png)