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Spinvest-leo-weekly-update-post-23-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.

Managed to get all the TX's through smoothly this week, so I was able to claim the airdrop, claim LP rewards, unlock, swap and compound without a problem. Just sticking with the plan here, compound everything until the airdrop period is up.

A Look at DeBank shows us where we are at this week.

Asset values this week:

  • WMATIC/PLEO - $2910 (Down $103 from last week)
  • POLYCUB/WETH - $610 (Down $4 from last week)
  • XPOLYCUB - $569 (Down $45 from last week)

Overall, another down week. Feeling more and more like a bear market, but this is crypto so anything could happen. I'll have to look into the XPOLYCUB governance vote, I've been out of the loop the last few days. But I think we can vote to drop the unlock time, which would be a significant benefit for us so that is probably what I'll do. Will look into it more soon.

CUBFINANCE.

  • Farmed 402 CUB this week.
  • Traded half to BLEO - received 185 BLEO
  • Value for dividends = $29.60
  • Added remaining funds to the CUB/BUSD pool

Asset values this week:

  • BLEO/WBNB - $4169 (down $192)
  • DEC/BUSD - $1491 (down $64)
  • CUB Kingdom - $1487 (down $73)
  • CUB/BUSD - $734 (up $13)

Down, down, prices are continuing to drift lower.

SPLINTERLANDS.

  • Claimed 515 SPS this week (identical to last week)
  • Staked 260
  • Transfered the rest to spinvest. (this is a change of procedure - in the past I would sent to BSC, swap to BLEO, then unwrap. Wasting to much on fees this way, so from now on I'll just send to spinvest and SSUK can sell them directly.)
  • Value for dividend - 255 SPS = $32.385
  • I sent 5 vouchers to Hive Engine - will trade for something else.

Asset value of SPS - $648 (up $3 from last week).

HIVE

  • Sent 7.123 HBD from post payouts. ($7)
  • Sent 31.063 LEO from post payouts. ($5)
  • Total sent from Post payouts ($12)

I sold the vouchers, and some other random HE tokens. Realized around 13 HIVE, which I powered up. Delegated some HIVE to @leo.voter - may as well earn some income on it, and 16% in LEO is still decent.

Asset value this week - $201 (up $15 this week)


SUMMARY.

Total asset value this week - $12819 Change this week - Down $374 (almost identical to last weeks decline)

Funds sent for Dividends - $62 Change this week - down $2.90

Funds sent from post payouts - $12 Change this week - up $8

Overall, we dropped another few hundred in asset value, not terrible. Funds for dividends should increase once we can include polycub pools. SPS contributed the most this week, which is interesting. Not sure what the plan is long term for SPS, but will continue as is until the airdrop ends, and then we will see.

Delegated 200 HP to leo.voter, will increase this each week. Might as well earn on that HP.

That's it for this week, see you all next time.

JK.

Posted Using LeoFinance Beta