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SEED Holdings report #20 - I'm back!

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empoderat
@empoderat
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Finally! has been a pretty boring 2 weeks in terms of crypto development... plus all the holidays, the Christmas lights, Covid, and all that stuff... aww, sometimes I feel I'm getting old for some things that I see in my day-to-day life. Every day that passes I'm feeling more & more disconnected from reality.

This is 'the metaverse'? ...

I'm the only one feeling that the world is becoming crazy? Dark times are ahead for the legacy economies.

Anyway, that's not the matter for today. I haven't posted anything for over 2 weeks and I think the most needed thing now is an update on our holdings. We're in the middle of a nasty dump of BTC (41,5K$ while I'm writing this) and the rest of the market is suffering. I expected SEED to manage these dips much worse than it's doing right now, tbh.

I've been waiting a bit in purpose since we didn't have any presale for the Christmas period (to be expected IMHO) and today joined the first one, so the machine is also waking up! A few things to comment on:

  • DAO dominance

  • CUB falling

  • Focus on solid alts & stablecoins

  • HBD/SEED Pool.

DAO Maker unlocks, CUB & current focus

DAO keeps itself as the lion's share of SEED's portfolio. Accounting right now for a 65%. I keep fighting to increase our available liquidity. But at this stage is simply not possible yet. We need a few unlocks of locked tokens first. By the end of march (so along Q1), we'll have around 20K$ unlocked (at today's prices). Can't wait to keep loading on HBD to help solidify our position.

As a kind of 'bad news', mention that CUB is trading right now at 0,29$ and it's being a tough hold. The good part is the LP is helping us to mitigate the pain (and loading a shit-ton of CUB in the process). Franky I wasn't expecting CUB to dip below 0,4$ seeing at 0,29$ it's a big pain and a pity. Hopefully the Polycub airdrop and following IDO's help to burn a lot of CUB at current prices.

On the other hand, I exchanged our BTCB for ORN the other day. I've been a long-term holder for this coin and it's one of my alt's of preference. We're also accumulating HIVE slowly through curation. But the main focus is still HBD.

HBD-SEED Diesel Pool

Regarding the Diesel pool which started working before Christmas, I can't emphasize enough how happy I'm regarding using HBD as the pairing asset vs SEED.

From our PCV rewards + Savings payment, the @seed-treasury account managed to grab around 200 SEED from the market. And 150 of them are paired with around 500 HBD.

I'm adding some liquidity on my own to provide a viable liquidity solution Vs the regular market where the spreads are gigantic. Expect the liquidity to deep progressively.

Current SEED Stats:

Circulating Supply: 100.000 tokens (full released) @seed-treasury owned: 187 (0,187%).

AUM Value (All assets): 334.000$

SEED TOTAL Value: 334000/100000 = 3,34$ /SEED (+334% since the beginning).

334/6 = 55,6% MoM profit

I've decided to start grouping the weeks in months for a clear view. We're holding strong above the 300K$ mark. If you ask me, I'm pretty ok with that. Let's allow the profits to come us, not the other way around. Overall we're in a great position for 2022.

Enjoy your weekend :)

70% of blogging rewards paid to @seed-treasury.

10% blogging rewards to @donchate because I have a good memory. 10% to @alexvan for his overall support and calling me brian (or something). 10% to @bozz for being a great lbi-gov partner and saving my writing responsibilities a few times (same applies to alex).

Remember you can follow the portfolio in real-time here:

https://cointracking.info/portfolio/seedtreasury

You can join us on Telegram and follow me on Twitter.

Posted Using LeoFinance Beta