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Spinvest-leo weekly update post 8-May-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.

A day late this week. I was having some issues getting TX's and unwraps working on some personal moves yesterday, so I held of 24 hours so that Spinvest funds didn't get stuck. All the numbers will be a bit higher in this report as it technically covers 8 days.

EMP Money.

If you saw last weeks report you would know we moved some funds to set up this new position. Lets see how they are going.

  • Farmed a total of 0.08692 ESHARE tokens, worth $251.80 at current price.

  • Traded half to BLEO - received 965.815 BLEO.

  • Value for dividends = $126.

  • The remaining income was reinvested, split 75%/25% between to two pools.

Values this week:

  • ETH/EMP $2341 (down $75)
  • BNB/ESHARE $1027 (up $76)

So, value overall remained the same, and $126 generated for dividends. I'd call that a win.


POLYCUB

I claimed the remainder of the POLYCUB airdrop, and added it to XPOLYCUB staking. No yield farms here any more, for now, so no dividend income will flow from here for now. Nice to see the POLYCUB price turn around this week.

We now hold 113 XPOLYCUB.

Value this week:

  • XPOLYCUB $569 (up $164)

CUBFINANCE.

  • Farmed a total of 492 CUB.
  • Traded half to BLEO - received 110.852
  • Value for dividend = $14

Added remaining funds to CUB/BUSD pool.

Note: BLEO/BNB pool not displaying properly in Debank, pool value is double indicated.

Asset values this week:

  • BLEO/BNB - $3562 (down $344)
  • DEC/BUSD - $1454 (down $38)
  • CUB kingdom $586 (down $589) - Wow, CUB halved in value this week!
  • CUB/BUSD - $492 (down $184)

Another really rough week for our CUB holdings. Hopefully CUB will find its bottom soon, and start recovering (I feel like I'm saying this every week lately). Surely it can't go much further down from $0.06?


SPLINTERLANDS

  • Claimed just over 600 SPS (remember its 8 days this week)
  • Staked 300
  • Transfered the remainder to @spinvest for dividends
  • Value for dividends = $30

Asset value this week:

  • SPS = $565 (down $90)

HIVE

  • Sent 8.611 HBD to @spinvest from post payouts.
  • Sent 73.246 LEO to spinvest from post payouts and leo.voter delegation.

Total value sent $18

  • Asset value this week $172 (down $16)

Summary

Total asset value this week: $10868 Change this week - down $993

Funds sent for dividends: $170 Change this week - up $35

Funds sent from post/HP: $18 Change this week - up $7

Overall, another $1000 roughly drop in asset value. Dividends are up thanks to EMP Money, which is performing very well for us so far. Cub's dramatic drop this week has hurt a lot. The overall market is crap, so we just plug away and keep looking for options.

Thanks for reading,

JK.

Posted Using LeoFinance Beta