Breaking: We just won the Lottery!!! - Spinvest-leo weekly update post 5 NOV 22

Welcome to the weekly update post for @spinvest-leo, where I (@jk6276) record on chain for transparency our transactions for the week, and update @spinvest investors with our progress.

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No change in strategy this week, but it should be an interesting report with some of our assets on the move. Lets take a look... 👀


EMP Money.

Settling in to the new plan here, dripping a little of the BNB/ESHARE LP tokens into the reactor contract each day. This feels like it will work out well, and once all the funds are in there, will grow nicely. Once everything is in, my plan is to compound 6 out of 7 days, to keep the position growing. The one day of claim will be converted to go to the dividend funds.

  • Claimed nearly $26 ESHARE from the EMP/ETH farm.
  • Swapped half to bLEO - received 193
  • Value for dividends = $13
  • Swapped the rest to BNB

Here is how the Reactor position looks this week:
reactor 5nov22.png
As you can see, the Daily burst is steadily growing and we can generate $1.51 per day (provided I claim just before the daily rollover).

The SPS/BNB Generator contract looks like this this week:
Generator 5Nov22.png

Steadily growing each week. The daily burst is slowly dropping. I think I am going to swap to a 6/1 compound/claim instead of the current 5/2, just to slow down the gradual drop in the daily return. Compounding gives a bonus and growing the deposits over time will build the position sustainably.

Anyway, EMP performing much better over the last week or two.

Asset values this week (from DeBank)

  • EMP/ETH - ...



Hold the phone!!! We just won the lottery!!!!

For those that don't know, the contract on EMP have a daily lottery. We just won it, while I have been working on this post.

generator lotto win.png
That's us, in the Yesterday's lottery winner - 0x9744...

Yup, we just won a $4,242 position in the SPS/BNB generator. This prize counts as a deposit into the contract, so massively boosts our daily burst. Definitely not swapping to 6/1 now, will stay with 5/2 and steadily claim the daily burst. So we move from a $6 per day burst to a $39 burst with that win. Here is what it looks like now (compare to the screenshot above)

new generator 5nov22.png

WOOOHOOO 🤑




Anyway, on with the report.

Asset values this week

  • EMP/ETH - $1621 (up $449)
  • BNB/ESHARE - $298 (down $85)

EMP/ETH is up $716 over the last two weeks in a massive turnaround. The other pool is down as it is slowly being put in to the reactor contract. Will go to zero in the coming weeks, as it will end up fully deposited into the contract. As an FYI, if we have the luck to win the lottery in this contract, the prize there is over $17000 per day - wouldn't that be nice.


CUB Finance.

  • Claimed around $12 in CUB earnings.
  • Swapped half to bLEO,
  • Value for dividends $6
  • Swapped the other half to BNB for now.

Asset values this week:

  • CUB/bHBD - $967 (up $101)
  • CUB/bHIVE - $905 (up $99)

Nice growth this week, with CUB trending in the right direction. Happy to see that CUB is doing well, and another lesson in sticking with a plan over time.

Given the win above, I will now swap to compounding earnings across BSC into these pools, as the SPS/BNB pool will grow quickly now given the above news.


Splinterlands.

  • Claimed 125.6 SPS, wrapped it to BSC.
  • Swapped half to bLEO,
  • Value for dividends = $4
  • Swapped the rest to BNB.

Asset value this week:

  • SPS/BNB - $641 (up $14)

Watch for accelerated growth in this position, with the win we just had turbocharging our position. Should see growth in both income, and the asset value, with 2 claims of the daily burst each week.

Thanks to the @splinterlands team for launching the partnership with EMP to provide the SPS/BNB generator contract. 🙏 Feeling blessed right now.


POLYCUB

Having a little trouble getting TX's through on Polygon at the moment, so I'll deal with this later.

Basically we have $3 of POLYCUB unlocked rewards to claim, which will compound fully.

Asset value this week:

  • POLYCUB/USDC - $716 (down $15)
  • vexPOLYCUB - $132 (down $8)

Not much to report here.


HIVE

Sent around $8 from post payouts.

Asset value this week:

  • Hive power - $231 (up $18)

SUMMARY.

Asset value this week: $5511 (up $573 from last week)
Sent for dividends: $23 (up $1)
Sent from post payouts: $8

Winning, the asset value over the last two weeks is up over $1000 which is pleasing. The lottery win mentioned above will see our growth in the SPS/BNB position add to earnings and asset value steadily over time.

Happy days. 😃😁🥳💰

Thanks for reading this weekly update,

JK.


Posted Using LeoFinance Beta



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5 comments
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So lucky! Keep your price till best moments!

So not only coins are moving but also you got a price, blessing for you!

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Congratulations for the lottery win. That is a nice windfall for the project!

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