Welcome to the MPATH Weekly Report.
These reports will now be as short as possible.
Anybody still holding MPATH tokens best sell them at market prices. The official buyback price will soon start to drop by 1 cent per week from the current 60 HIVE cents.
We have enough funds to cover all outstanding tokens, but we're not hanging around for years waiting for some members to rise from the ashes. We shall carry on posting until we stop, but shall no longer post on LeoFinance as these will really not be of interest to anybody other than MPATH holders.
If you missed the news, here is the relevant announcement.
Here is a graph of the MPATH token price. (Thanks to @gerber for the discord-bot.)
MPATH members have received healthy votes, good weekly rewards and a slowly increasing token price. I hope everyone has been entertained.
And on to my usual closing remarks...
... silence.
For full details of how it all worked, please read How the MPATH Program Works [May 2020].
Have a good week!
PS. Anybody seen buying MPATH tokens after it has closed should seek professional guidance. You can, of course, sell them back, but absolutely no refunds for purchases in error.
The MPATH headline figures are:
MPATH tokens active = 1,900 (-400)
Total HIVE = 1,300
MPATH ABV = 0.600 HIVE (+0.00, +0.0% APY)
Sale Price = 0.633 HIVE (spread 0.033 HIVE)
Earnings Distribution = closed
The Asset Backed Value (ABV) is our total holdings calculated in HIVE divided by the number of active MPATH tokens.
Any questions, please ask in the comments below or in our public chatroom.
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