[Investment] EDS and its huge ecosystem

in #hive-1311319 days ago

Almost a month ago @shiftrox told me about the EDS project (Thanks a lot again!). I think it is one of the oldest projects here on Hive.

There is a very detailed description post about EDS, it's an ecosystem, all tokens, plans etc published by @eddie-earner on the official project page.

And I really recommend to check that post if you are curious about EDS. Here I will share what I learned and what I think. As I usually do in my 'investment' posts series...

What I learned

There are 5 different EDS tokens on Hive-engine right now.

Hold on! Don't buy EDS tokens since it was discontinued.

I am focused on the EDSM, EDSMM and EDSI right now. If it is said in the official post, EDSM and EDSMM are mining tokens

Each EDSMM token will produce 0.2 EDS per year.
Each EDSM token will produce 2 EDS per year. Only 2500 in circulation

It is what is said in the token description on Hive Engine, but as I understand now EDSM and EDSMM mine EDSI tokens instead of EDS.

And here is a tiny drop I got for holding 0.376 EDSI :)

So, today I bought a little bit more EDSI tokens.

I plan to delegate some Hive Power to @eds-vote to get more EDSI, and also, they give free upvotes. Extra free upvotes are always a good thing, isn't it? :)

Also, I can't decide if should I buy EDSD or not...1 EDSD = almost 100 HIVE

To sum up, one of the low-risk ways to earn EDSI is delegation. Also, you can get an extra upvote to your post. But at the same time more perspective way is buying EDSM, I think. Maybe, EDSD. I need to learn more about it. And don't forget DYOR!

Thank You
Iris


Useful links:

Hive account: @eddie-earner
Discord: https://discord.gg/AVpYxr2bb8

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PIZZA!

$PIZZA slices delivered:
shiftrox tipped irisworld
@irisworld(1/5) tipped @shiftrox

Hello @irisworld I had a question about your post, if EDS was discontinued, what is it for?

EDS coin yes. It was discontinued. But there are other coins which are still available like EDSM and EDSMM which are for mining EDSI, and EDSI itself

Nice summary of EDS - one of my favourite Hive projects !

If I had to suggest anything it's to buy EDSD's when the price of HIVE is a bit higher (especially if you've got some liquid HIVE you bought at the bottom of the dip 😀). Buying EDSI's and delegating to @eds-vote are the quickest way to make gains, but buying EDSM's and EDSMM's are a great way to add building longer term value into the mix.

!BBH

Thank you! I am so happy that I learned about that project and tokens. And I plan to buy some EDSD too. With the goals and strategy of project founders, I belive that token can pump up in the future

EDSI is one of the best projects we have today, because everything you invest you can recover quickly, due to the weekly payments and daily votes, projects that are like this are top notch!

I'll tell you about the next one I'm going all out for: DUO token, with daily payments and 1 daily vote too, a really cool project to share too! 😍

https://beeswap.dcity.io/tokens/DUO

More information: @duo-curator

Thank you for adding more information and introducing that project to me!

!BBH

I'm happy to help, any cool projects you come across, be sure to share them with us, I want news haha.

!BBH !LOLZ !PIZZA

Sure!
Btw, do you have any details on how the upvote by @eds-vote works?

!BBH !LOL !PIZZA

Why did the melon have to get married in a church?
Because it cantelope.

Credit: reddit
@shiftrox, I sent you an $LOLZ on behalf of irisworld

(1/4)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP

He started by voting for those who had 100 tokens, then if I'm not mistaken he created 2 voting levels, one with 1k delegated HP and another with 2500 delegated HP. I think that whoever has 100 tokens gets a 5% vote, with 1k HP you get 10% and with 2500 HP it's 22% then every Monday he reviews the delegations and updates the voting %.

Great! Thank you for the info!

!BBH

You're welcome, we'll exchange ideas whenever we can to get in on the best hive projects!

Where do boats go when they're sick?
To the dock

Credit: reddit
@irisworld, I sent you an $LOLZ on behalf of shiftrox

(1/10)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ

The doubt was because it seems that the only reason to buy EDSM and EDSMM would be to gain EDS

Yeah, mining tokens are getting super popular
!BBH