Spinvest-leo weekly update post - 9 December 2023
Welcome to this weeks update from the @spinvest-leo account. This wallet manages a small portion of the overall @spinvest fund, and sends HIVE back to @spinvest each week to contribute to the pool of funds for dividends. This wallet is managed by @jk6276. The main focus of this account is to generate yield to contribute to the weekly dividends for holders of SPI tokens. 50% of the income generated each week is sent to @spinvest to contribute to the weekly dividend. Primary holdings are positions in SPS liquidity pools, other BeeSwap pools, along with some Hive engine based investments.
Position changes this week:
What a week. SPS has really turned around nicely, and our other positions have also gone nicely. During the week, I pulled a small amount out of the HIVE/SPS pool (just like 4%) and added to ZING pool. The overall portfolio had a real nice week.
Current holdings:
SPS/BNB pool - $1259 - up $250
SPS/HIVE pool - $803 - up $135
SPS/ETH pool - $1485 - up $326
SIM/HIVE pool - $563 - up $25
BXT/HIVE pool - $667 - up $48
ZING/HIVE pool - $96 - up $39
Staked BXT - $343 - up $39
Staked LEO - $8 - up $1
HIVE Power - $340 - up $27
Miscellaneous - $75 - up $9
(vexPOLYCUB, liquid ETH & BNB)
Asset exposure
Using the above values, and splitting pool positions into their components, we can calculate the total exposure to each asset for this wallet.
SPS - $1774 - 31.45%
BNB - $637 - 11.29%
ETH - $781 - 13.84%
HIVE - $1405 - 24.91%
SIM - $282 - 4.99%
BXT - $677 - 12.00%
ZING - $48 - 0.85%
LEO - $8 - 0.14%
vexPOLYCUB - $30 - 0.53%
Commentary:
Boom. A glorious week really, were we gained close to $900 in value, on the back of a decent week last week also. Income is also up, as we are getting more HIVE for our SPS yield, BXT yield is well up (around 20% currently) and the ZING pool is high income also.
Happy days across the board this week for us, and after such a long run of boring reports with little change or drops in value, I am really enjoying putting these reports together again. It's always more fun when "number go up" mode is active.
Totals and conclusion:
Total asset value last week: $4740
Total asset value this week: $5639
Weekly gain/loss: Up $899
Total income generated - 92.554 HIVE (up 18.85 on last week)
46.277 HIVE sent to @spinvest for weekly dividends. This is 9.425 higher than last week.
Thanks for taking the time to read our weekly update. If you would like to learn more about @spinvest, and the $SPI token, check out the main account and review the weekly update post.
Posted Using InLeo Alpha
Wow, congratulations 🎊 👏
You are doing perfectly well
good work!