Welcome to our weekly MAXUV account statement.
We continue to increase our SP base and have seen a few sales this week. Indeed, we had managed to get the price back to our standard 1 STEEM per MAXUV token when the TRON takeover of Steemit Inc was announced. But we're still there expanding.
Our total SP is now nearly 10,000 STEEM and growing, while our voting SP is well over 24,000 STEEM. As MAXUV has been given out as prizes in the Nonsense Writing Contest, plus all the early promotional tokens, we remain slightly under an ABV of 1 STEEM. In this case, the more important thing is the value of the upvotes delivered and they remain high for the average user when compared to using that same STEEM as one's own SP.
MAXUV was designed to continue the tradition set by MAPR of helping users make some extra money from their stake in STEEM. The new reward curve makes this even more pressing, and yet we have seen sluggish growth. I shall need to rethink - once again - how to best brand MAXUV. This sudden process of Tronification will focus the mind.
Just so I don't repeat myself here, MAXUV will see some changes soon, but we are testing each module so that it will, hopefully, work without glitches. The new setup will yield more for every user, so don't worry about that - it will mean slightly less will be compounded, but the new distribution will be fairer and more balanced between token-holders and bloggers.
I have just gone through and manually upvoted a batch of posts missed yesterday by our current voter. this is very tedious for me and, I suspect, frustrating for members who may feel we have missed a vote. rest assured I check every couple of days, although am usually alerted by a lack of trendo calls. This is another reason it will be good to change how MAXUV operates.
The MAPR fund is now 2 years old since the start of February. We've been making money for Steemians for a long time.
Enjoy your week!
Here are our weekly prizes.
Winner of double upvotes and TRENDO tokens is... @ecoinstant !
Prizes last for 10 days and TRENDO tips are subject to availability.
The MAXUV headline figures are:
MAXUV tokens active = 11,115
SP in MAXUV = 9,155
Voting SP = 24,225
Other STEEM = 1247
Total STEEM = 10,402
MAXUV ABV = 0.94 STEEM
MAXUV-meter = 110.0% (of 1 million SP)
Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine. Also note that such values are volatile, especially any holdings priced in US$, so the above numbers are a snapshot and may have changed when you look at the @MAXUV account.
The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAXUV tokens.
Target value for MAXUV-meter is 100% in 1 upvote per day, proportional to your token holdings as if delivered by 1 million SP.
Full details of how the MAXUV token operates can be found at our launch document.
Any questions, please ask in the comments below or in our public chatroom.
ONECENT: The First Strategic Token Investment Game (STIG)