Finally getting into the swing of this, so shall try to post near the end of each weekend.
Would be good to have other metrics such as new users, posts per day etc, but those will require some automated way of collecting such data for presentation.
Blurt Economic Indicators
BLURT Supply = 418.6 million
Vested BLURT = 49.2% (-0.4)
Reward Pool = 1.82 million BLURT (rising)
Recent Claims = 85.1 TRshares (falling)
Vote Yield upper estimate (500k BP) = 59.7% APR (rising)
Vote Yield lower estimate (500 BP) = 38.8% APR (rising)
Author/Curation Yield lower estimate = 19.4% APR (half of the Vote Yield)
You can also see the raw numbers on a blockchain explorer.
At the forthcoming HF6, we shall be changing the reward formula again, at which point I shall publish just one average Vote Yield. Further changes require more intricate coding and can wait a few months for the Blurt economy to develop. I know that this has been in the works for some time, but there remain some unresolved issues.
The rising and falling indicators all relate back to the last post, so changes will be quite small.
Yields have risen further this week, with also a rise in the reward pool and a fall in recent claims. There remains a secondary effect of the Foundation delegations being removed. What it also means is that votes are currently worth more per Blurt Power held. Those projects that I see being built, and some new users, will thus be able to grow faster during this period.
A comparison with the other Graphene chains done using the DLease delegation rates.
Steem DLease rates: max 32.3% APR (average 25.3%)
Hive DLease rates: max 15.1% APR (average 9.0%)
Those rates have always tracked the profitability of each chain and have the advantage of being one simple number.
Although Vote Yields are expressed in terms of financial returns, they are also fundamental expressions of the level of activity on each chain relative to the coin minting rate.
The very high value for Steem is due to two effects: the addition of TRX earnings; and the very high value of SBD.
As we don't seem to have a functioning price feed on the explorers, these price snapshots may also help users decide where to trade BLURT.
Ionomy/Probit: 12/13 sats/BLURT (approx $0.0063)
Hive-Engine: 0.012/18 HIVE/BLURT (approx $0.0067)
The HIVE market appears to be the most active and the most volatile, so these are numbers for the current price range and best conversion to USD.
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.