That's interesting the move from EDSD to EDSMM. I have some EDSD though not a ton and I felt it was a good move to hold it to grow my EDS tokens. What do you do with your EDS tokens? Just hold them for HIVE drip or are you eventually going to sell them outright?
The EDSD mint well when HIVE is at lower prices. However, for LBI we have spent around 7900 HIVE on the miners in total, which was worth Approx 1425 HBD total. (1100 was from the EDSD unwrap, and the rest was from the HBD withdrawal) HIVE would have to drop to a price below $0.14 for for 1425 EDSD to mint more EDS than the miners. In fact, our exact breakeven point for EDS mintage would be at $0.134 Hive price. At any price above $0.134 HIVE, we are better off with the EDSMM tokens.
Of course the above calculations would have been very different if HBD interest had stayed at 20%...
EDS tokens are a long term hold for LBI. They are valued on our balance sheet at 1 HIVE each, so I could in theory sell them above that to boost the value per token, but the long term plan is to hold EDS forever, and put the weekly HIVE drip into the income fund.
I guess I don't hold enough EDS for the drip to be that impressive!