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Spinvest-Leo weekly update post - 13 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.

It has been a few weeks since I have posted a proper update post. Over those few weeks, not a lot really has changed. The main difference now is that I have been working towards sending a fixed 100 HIVE per week to @spinvest for dividends, rather than a variable amount each week. If income and assets grow I'll look to build this number in time.

BSC Assets:

EMP

EMP eco-system is still looking cheap at the moment. From here it either bounces back, the peg recovers and our assets look much healthier, or it continues to falter and fail. Time will tell, but the project is still being very actively developed, and the team behind it are working tirelessly. I am banking on a recovery and am not moving funds away.

Asset values this week:

  • EMP/ETH - $868 (change from last week - up $57)
  • ESHARES stake - $37 (change from last week - up $5 )

CUB

CUB developments are discussed at length around Leofinance, and I don't really think I need to add much. Long term holding these positions.

Asset values this week:

  • CUB/bHIVE - $734 (change from last week - up $52)
  • CUB/bHBD - $783 (change from last week - up $16)

Total BSC assets:

  • $2422 (change from last week - up $130)

Gaming Assets:

The Generator contract on EMP remains the driving force here. It is currently the main source of income, from claiming bursts three days per week. The liquid SPS/BNB pool position continues to grow each week - not necessarily in $$$ value, but in terms of the number of LP units held. Hopefully we have seen the lows for SPS, and that values across this section will improve over 2023.

Asset value this week:

  • SPS/BNB pool - $711 (change from last week - up $73)
  • SPS staked - 11354 = $292 (change from last week - up $29)
  • GLX staked - 331 = $10 (change from last week - up $2)

Total Gaming Assets:

  • $1013 (change from last week - up $104)

Other Assets:

HIVE is up a little in this Bull trap current rally. Like all assets, it is up a bit from recent lows. Time will tell if the market really has bottomed out, and the corner has turned. I'm of the opinion that this rally won't sustain, and we will give up these short term gains. We shall see - I hope I am wrong.

Asset value this week:

  • HIVE power: $159 (change from last week - up $21)
  • vexPOLYCUB: $68 (change from last week - up $5)

Total Other Assets:

  • $227 (change from last week - up $26)

Summary:

Signs of life this week from the crypto market after a seemingly interminable period of nothing much happening. Just wanted to say also that these numbers may be around 12 hours old at the time of publication of this post.

HIVE sent for dividends: 100

Total wallet value: $3662 (change from last week - up $260)

Very nice to see a solid increase in the wallet value by just over 7% for the week, while maintaining the 100 Hive per week towards dividends. Looking forward to increasing this number when I can sustainably.

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

JK

Posted Using LeoFinance Beta