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Spinvest-Leo weekly update - 19March

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@spinvest-leo
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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.

This week has seen the early stages of our new, long term positions in on the PolyCub platform start to take shape.

POLYCUB.

This week, I have continued to actively manage the airdrop we are receiving and allocate farming yield, several times per day. As we all know, these early, high inflation periods are key, and claiming, staking and allocating regularly can maximize gains.

So, at the start of POLYCUB, I shifted some of our BLEO/BNB pool position from CUB over to a new PLEO/MATIC position.

Next goal was to build up the XPOLYCUB position to be 100 XPOLYCUB. I am pleased to report this goal has been acheived, and we will hold this position for the long run.

Now the focus is on building long term farming positions, with the initial target being the POLYCUB/WETH pool.

So here is where we are at currently. As a quick reminder, all assets and yield gained here is being compounded during the 60 day airdrop period, no funds are being taken out for dividends for now, so this asset base can grow quickly.

Asset Values this week:

  • MATIC/PLEO pool - $3467.67
  • POLYCUB/WETH pool - $214.24
  • XPOLYCUB staking - $1234.45

Cub Finance.

  • Claimed a total of 514 CUB from farms and Kingdom.
  • Traded half to 308 BLEO for dividends.
  • Value for dividends this week = $61.60
  • Added remaining CUB to CUB/BUSD pool

Asset Values this week:

  • CUB Kingdom - $2459.90
  • DEC/BUSD farm - $1975.20
  • BLEO/BNB farm - $4664.91
  • CUB/BUSD farm - $710.63

Splinterlands

  • Claimed 407 SPS.

  • Sent half to BSC to convert to BLEO for dividends - received 100 BLEO

  • Staked 200 SPS.

  • Value for dividends - $20

Asset value this week.

  • SPS staked - $419.48

HIVE

  • Sent 4.788 HBD to Spinvest from post payout.
  • Sent 6.667 LEO from post payout.
  • Value of liquid funds sent - $6

Asset value this week

  • 156.412 Hive power = $143.58

Summary.

Total asset value this week = $15290.06 Change from last week + $1336.16

Funds sent for dividends = $81.60 change from last week = + $4.60

Funds sent from post payouts = $6

Overall, very happy with the week. We hit the target for XPOLYCUB, which becomes a long term hold now. Now we work on building the income flow from farms so dividends can grow once the opening 60 day airdrop period is up.

Thanks for reading,

JK.

Posted Using LeoFinance Beta