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Spinvest-Leo weekly update post - 2 April 22

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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.

POLYCUB

This week has been just about farm and compound, farm and compound. We all know how POLYCUB is going, there has been 47 billion posts over the last week about it, so I don't have much to add.

One thing I do want to ask, is what I should plan for once the 60 day airdrop is over, and we move to taking some profits on these holdings. As you know, with CUB I farm 50% to go to SPI dividends, and compound the rest. For POLYCUB, I'm deciding if I should wait the 90 days to unlock, so we don't cop the 50% tax. This would mean another 90 days without any income coming out of POLYCUB, and without any compounding. But after the 90 days, a much better income.

Interested to hear SPI holders thoughts. I am leaning towards waiting out the unlock period, and just farming weekly so that after the 90 days we have a steady cashflow for dividends.

Anyway, on to the numbers.

Asset Values this week:

  • WMATIC/PLEO pool - $3733.87 (up $195.41)
  • POLYCUB/WETH pool - $556.16 (up $130.32)
  • XPOLYCUB - $737.30 (down $304.5)

So the WMATIC/PLEO pool gained from price movements, the POLYCUB/WETH pool was hurt by POLYCUB price drop, but gained from farming compounding, and XPOLYCUB just dropped from decline in POLYCUB price, Leaving us overall up just $21.23 in value for the week.

CUB

  • Farmed a total of 442 CUB.
  • Swapped half to BLEO
  • Value for dividend = 213.726 BLEO * 0.21 = $44.88
  • Added remainder to CUB/BUSD pool

Asset values this week:

  • CUB Kingdom - $2025 (down $373.23)
  • BLEO/BNB farm - $5067 (up $276)
  • DEC/BUSD farm - $1651 (down $46)
  • CUB/BUSD farm - $749 (down $9)

SPLINTERLANDS

  • Claimed a total of 475 SPS this week.
  • Staked 220
  • Sent the rest to BSC
  • Converted to 132 BLEO Value for dividend this week - 132 $0.21 = $27.72

Asset value this week:

  • $509.48 (up $75.64)

Also, sent 1.762 vouchers to hive engine to sell.

HIVE

  • Sent 8.555 HBD to spinvest from liquid post payouts $8.38 value
  • Sent 17.584 LEO from post payout this week. $3.69 value

Sold the vouchers and a bit of other HE stuff into hive, powered it up.

Asset value this week:

  • 189.385 Hive power = $229.15 (up $48.47)

SUMMARY.

Total asset value this week - $15257.96 Change this week - Down $7.98

Funds sent for dividends - $72.60 Change this week - Down $3.54

Funds sent from post payouts - $12.07 Change this week - Down 7.91

Very flat again this week, Hardly any change in asset value, income from investments and posts down a little.

Thanks for reading, see you all next week,

JK

Posted Using LeoFinance Beta