Hey, hope youre doing well :)

The token will soon be a year old, during which time PWR has basically been a Hive soft-pegged token that you get for delegating your Hive power.

For much of this time I have been supporting the price with my own funds, because the curating income was logically not enough to support the large APR of the first few months.

This dynamic is slowly changing and right now it is practically in balance, since for delegating your Hive you get 12% paid in PWR and the project earns ~8% through curating + 3% for holding HP (8+3 = ~11%). Without counting any extra yield which I could get from delegations to other projects on Hive.

I hope I have been able to help you understand better, if you have any questions, please don't hesitate to ask