MAPX Token Weekly Profit Statement & News - 2 February 2020 [MAP Steem FinTech]

in LeoFinance5 years ago

Welcome to this week's review.

A good week overall, with staked MAPX tokens rising by over 1,000 units. Our SP has reached its target 10,000 SP, so assuming all tokens are sold and staked, members will be receiving a full expected vote.

In reality, sold tokens remain at around the 9,600 level, so much of the trading is now between existing members and new users. Our active voting SP has dropped a bit but is still comfortably higher than the number of staked tokens. This is to increase our income further. The next target is, indeed, to achieve a voting SP of over 10,000 STEEM; this may take a while but rest assured that if staking rises significantly I shall decrease the outward delegations.

Our voter has been a bit glitchy at time, although this seems to be a consequence of API issues, so beyond our control. However, I do check daily for missed votes and do upvote manually any posts that have been missed in error. However, also bear in mind that MAPX delivers one upvote per UTC day; this means it is possible for it to be the "next day" in your timezone but for it to fall within the same day as defined by UTC.

We also continue to seek additional member benefits, such as TRENDO tokens. We feel that such "tipping tokens" can form a useful part of the whole Steem economy, and we welcome the sight of more of them coming to market.

Note that the TULIP Mania Game restarts today!

Also, MAXUV tokens being given as prizes in this Third Nonsense Writing Contest

Have a fine week!


What is MAPX?

MAPX was our first "vote bond" in the MAP FinTech family of programs. It is designed to deliver a 0.1% upvote per token held, with a maximum holding of 1000 tokens. The fund has a total of just 10,000 tokens available. MAPX token holders also benefit from profits being compounded into SP so that the token price should slowly rise.

MAPX is thus designed like a bond in that "interest" is earnt as upvotes, plus each token is backed by STEEM so that the capital value slowly increases in line with our fund. MAPX is managed by the same team as MAPR, which has been distributing profits to Steemians for 22 months.

As MAPX tokens have nearly sold out, we would encourage new members to consider the open-ended token @MAXUV.


And... here are a few prizes:

Winner of a double vote and TRENDO tokens is... @eugelys .

Winners of TRENDO tokens are... @voxmortis and @trailofwhales .

Prizes last for at least 10 days and TRENDO tokens are subject to supply.

Note that the random draw is done from the top 100 MAPX token holders. If you are outside this top 100, then your name will not appear in the draw. At the moment, this means having at least 2 MAPX tokens to be safe.


Please note that I always qualify any forward predictions as they are subject to technical issues such as the proper functioning of the blockchain and our own algorithms.

The headline figures are:

MAPX tokens active = 9640 (7670 staked)

Mining SP = none
Other STEEM = 976
Total STEEM = 10994
Total Income = 33.0
Fee = 3.30
Total STEEM carried down = 10991 SP in @MAP10K = 10,018

MAPX ABV = 1.14 STEEM
MAPX VV/STEEM = 1.19
MAPX VV/Token = 1.08

Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine to maintain market liquidity plus some investments; we also now have stakes in MAPR, PAL and LEO, and some others, and receive rewards from them. Also note that 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 @MAP10K account.

Income includes rewards and token trading profits but excludes token sales.

The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAPX tokens, whether staked or unstaked. This shall be used as the lowest price we offer MAPX tokens on the Steem Engine market.

If VVS > 1.0, then MAPX stake-holders are getting upvotes of greater value than the par 0.1% per token.

If VVT > 1.0, then MAPX tokens are under-priced on the market and good value to buy.

Full details of how the MAPX token operates can be found at New MAPX Token for Upvotes and Value Growth.

Any questions, please ask in the comments below.



Building Steem's Fintech

[BUY MAXUV] - [READ MAXUV]

[BUY MAPR] - [READ MAP REWARDER]

[BUY MAPXV] - [READ MAPXV]

[BUY MAPX] - [READ MAPX]

Plus Some Serious Funtech

ONECENT: The First Strategic Token Investment Game (STIG)

ADDAX

TULIP MANIA

Posted via Steemleo

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The new TULIP Mania Game Round 3 is about to start.
If you still have tokens, this is your time to pay attention and sell them for a profit.
If you don't have any TULIPS left, then join this Round 3 at any time from this pre-sale onwards.
Thanks for playing!Hi @map10k, a free $trendotoken and !trendovoter to you from @Busbecq.


5.44614638 TRDO3.63076425 TRDO curation in 3 Days from Post Created Date!Congratulations @busbecq, you successfuly trended the post shared by @map10k! @map10k will receive & @busbecq will get

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

4.87%Congratulations @busbecq, upvote has been shared with your successful call on the post that shared by @map10k!


Support @trendotoken projects by delegating : 100SP , 200SP , 500SP , 1000SP , 2000SP


$trendotokenHi @map10k, a small upvote and a tip from the ADDAX trading game! Round 2 has closed - Round 3 to start soon.


0.64495238 TRDO0.42996825 TRDO curation in 3 Days from Post Created Date!Congratulations @addax, you successfuly trended the post shared by @map10k! @map10k will receive & @addax will get

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site


$trendotoken and !trendovoter .
Also, please check out my Second Nonsense Writing Contest.
Thanks!Hi @map10k, a modest tip of appreciation:


6.42987113 TRDO4.28658075 TRDO curation in 3 Days from Post Created Date!Congratulations @rycharde, you successfuly trended the post shared by @map10k! @map10k will receive & @rycharde will get

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site


I trust you have made a decent profit.
$trendotoken tip.
Thanks for playing!
NEWS: The new TULIP Mania Game Round 3 is about to start.Hi @map10k, the ONECENT trading game will finish on 31 January 2020 and is followed by a week of cashing out tokens. This is a reminder to liquidate your token holdings on the market between now and the end of the cashing out period.


0.47807213 TRDO0.31871475 TRDO curation in 3 Days from Post Created Date!Congratulations @onecent, you successfuly trended the post shared by @map10k! @map10k will receive & @onecent will get

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site


Win MAPR tokens in this new Second Nonsense Writing Contest.
Also consider our MAPR fund and MAXUV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.A member bonus $trendotoken tip, and !trendovoter, for @map10k from MAPXV! These bonuses are for members, selected at random, and last for a few days.


5.71876200 TRDO3.81250800 TRDO curation in 3 Days from Post Created Date!Congratulations @mapxv, you successfuly trended the post shared by @map10k! @map10k will receive & @mapxv will get

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site


Also consider our MAPR fund and MAPXV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.
Also, please take a look at our new Nonsense Writing Contest post with MAPR prizes.A member bonus $trendotoken tip and !trendovoter for @map10k from MAXUV!


4.23913500 TRDO2.82609000 TRDO curation in 3 Days from Post Created Date!Congratulations @maxuvv, you successfuly trended the post shared by @map10k! @map10k will receive & @maxuvv will get

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

22.95693902 TRDO from below listed TRENDO callers:
Congratulations @map10k, your post successfully recieved

3.63076425 TRDO curation
0.42996825 TRDO curation
4.28658075 TRDO curation
0.31871475 TRDO curation
3.812508 TRDO curation
2.82609 TRDO curation@busbecq earned : @addax earned : @rycharde earned : @onecent earned : @mapxv earned : @maxuvv earned :


To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

What's trendo and where were the tokens sent?

 5 years ago  Reveal Comment