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



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