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It is an income token on Hive-Engine.

Anyone who buys it gets a weekly payout. Now the rate is about 15% APR.

Posted Using LeoFinance Beta

cool, thanks for the explanation :) I think from curating and inflation you get around 10% on hive

Posted Using LeoFinance Beta

It fluctuates but probably a good rule of thumb. I get below that with my hive in my le account but that is because I vote a lot of comments and that ends up getting burned.

The APR for EDS should go up as more miners are sold. It is using the inflation aspect of hive to deliver a return.

Posted Using LeoFinance Beta

maybe you should delegate the hive from the le account to the hive account, it would be more efficient

Posted Using LeoFinance Beta

Actually I think the latest payout was like 20% but I could be wrong. They actually have some LEO delegated out to them to buy tokens off the market and burn them too.

Posted Using LeoFinance Beta