Spinvest-Leo weekly update post - 20 Jan 23

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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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It feels like the market has held last weeks gains quite well. Steady week overall for us, just continuing with the current strategies and chugging along.


BSC Assets:

EMP

No changes here this week. The peg is still very broken, but the improvement in the ETH price has been helpful for the value of our primary EMP/ETH LP farm.

Asset values this week:

EMP/ETH - $931 (change from last week - up $63)
ESHARES stake - $43 (change from last week - up $6)

CUB

No changes for our CUB positions this week.

Asset values this week:

CUB/bHIVE - $812 (change from last week - up $78)
CUB/bHBD - $795 (change from last week - up $12)

Total BSC assets:
$2581 (change from last week - up $159)

Two weeks in a row of gains here. It would be really nice if the worst is over for this bear market - time will tell.


Gaming Assets:

The Generator contract on EMP remains the driving force here. I am still hopeful for another win in the lottery, but our changes most days (when I compound the contract are around 0.5% roughly. Claiming three times a week means our daily burst is slowly declining. This is how these contracts work. SPS and GLX stakes have grown in token numbers, as they will steadily each week.

Asset value this week:

SPS/BNB pool - $694 (change from last week - down $17)
SPS staked - 11494 = $294 (change from last week - up $2)
GLX staked - 372 = $13 (change from last week - up $3)

Total Gaming Assets:

$1001 (change from last week - down $12)


Other Assets:

HIVE is up a bit more from the last report. Hopefully it holds on to these new levels. Polycub is still there. The vexPolycub is our only asset there, and it is locked for 2 years so nothing much we can do with it but update the value each week.

Asset value this week:

HIVE power: $188 (change from last week - up $29)
vexPOLYCUB: $73 (change from last week - up $5)

Total Other Assets:
$261 (change from last week - up $34)


Summary:

Two decent weeks in a row. This makes a pleasant change from how things have been for the last few months. Lets hope for another good week to come. Asset values are up, and the 100 HIVE has been shipped over to @spinvest as our contribution to the weekly dividends, so this week has been a win.

HIVE sent for dividends: 100
Total wallet value: $3843 (change from last week - up $181)

Not quite as good as last week with an increase in wallet value of just under 5% (compared to last weeks 7% improvement). But very happy with two up weeks in a row.

Thanks for reading this report - have a great week everyone,

JK

Posted Using LeoFinance Beta



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