** State of the Stakes Report - May 1st, 2021 (prior report April 18th, 2021)**
Current SOS report:
The following report shows the quantity of each cryptocurrency staked inside BBP UTXO stakes:
"Total BBP": "1058235180.21999990", (1,018,285,328): +3%
"Total BTC": "2.48585492",
"Total DASH": "53.55105133",
"Total DOGE": "87439.88193564",
"Total ETH": "0.37064477",
"Total LTC": "49.90807566",
"Total Foreign": "87546.19756232",
"Total Hybrid BBP": "1221613063.43999986" (1,118,160,561) +3%
Leaderboard participation: 64 (56) +14%
We now have 1.22B BBP locked (up 3% from 1.18B) - Excellent progress!
Counting our 48 sancs with locked coins this means we have 1.42B locked (out of our supply of 2.6B) or 54% now locked!
As far as the sell side order book in SX, we went sideways this period, with a continuing sell wall of 61MM BBP. Lets pray that God continues to open doors for us, and invites a Christian exchange owner to list biblepay.
Our DWU is stabilizing at 12.9% for single and 26% for hybrid stakes.
Overall, good progress on the new participants in the leaderboard, welcome to BBP!
Although we have not even scratched the surface of the potential 450MM users out there who can benefit from hybrid staking and DWU rewards over the next 10 years, I believe we can see a serious path of success forming with more than one new user entering the leaderboard per day. Imho, Utxo staking is fulfilling our mission to provide a valuable service to society as an alternative to conventional savings accounts, especially for those who want cryptocurrency exposure.
May we move to an era where we remove our cosmetic difficulties and make it as easy as using an iPhone or driving a Tesla to use and stake biblepay.