Hi, the MAPR token prices we set are calculated based on weekly income, so reflect the underlying value of the whole fund, including SP and other invested tokens. The way it is calculated ensures both delegators and existing token holders receive the same percentage increase.

We have been operating for almost 2 years and scales both up and down; we don't *need* delegators as can operate entirely on our own steem. It is a managed fund that generates income for investors.

The market appears thin because most people keep holding on to their tokens, however, there are sellers who cash-in sometimes. The market price may fall if many members sell their tokens, but this does not affect the following week's price-point - just like an investment trust will publish its NAV but the market can be at either a discount or premium to that Net Asset Value.

Hope that helps.