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 report, and transactions associated with it are delayed by a day as a result of the BSC chain outage that occurred yesterday. So all numbers are basically from an 8 day week.

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EMP.

The primary product on the EMP Money platform, EMP is basically sitting at 50% of its intended peg. I have seen the team have been working on initiatives, and education, to work on restoring this peg. I'd hate to close the position and then it all recovers, so this position will remain intact for the foreseeable future.

• Claimed around $17 in farm rewards (up $1 from last week)
• Swapped around half to bLEO for dividends - received 160
• *Value for dividends - $9
• Swapped the rest to BNB.

Asset value this week:

• ETH/EMP - $1010 (down $55)
• BNB/ESHARE - $307 (down $19)

I mentioned last week about the "Generator" portion of EMP that I have deposited some SPS/BNB LP tokens in.

Last weeks info:

Current info:

As you can see, our deposit, and max payout has grown, but our pool share has dropped. This is all ok, as I am not putting any new funds into it, just claiming and compounding the daily earnings. I compound 2/3 and claim 1/3, so this should become a self sustaining way to grow our SPS/BNB LP over time.

I am considering depositing some of the other EMP LP tokens in to their various equivalent contracts (the detonator or the Reactor) and would love to hear from people that have already done this.

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CUB Finance

• Claimed 476 CUB, worth around $12 from the farms.
• Traded half to bLEO - received 109
• *Value for dividends = $6
• Swapped remainder to BNB.

Asset values this week:

• CUB/BHIVE - $920 (up $147)
• CUB/bHBD - $918 (up $90)

A great week here, CUB makes a nice move up, and this report is happening (thanks to the BSC delay) during a nice little HIVE pump, so we are winning all round.

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Splinterlands

• Claimed 122 SPS, worth around $9 from Splinterlands.
• Bridged it to BSC, swapped half to bLEO - received 73
• *Value for dividends = $4
• swapped the rest to BNB.

Compounded the spare BNB from the above claims back in to the SPS/BNB LP to keep rebuilding it back.

Asset value this week:

• SPS/BNB - $593 (up $29)

Steady week, slowly growing our LP tokens from 1/3 claim from the EMP generator, plus a little compounded from earnings.

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Polycub

• Claimed around 120 POLYCUB from unlocked.
• Swapped half to pLEO - received 53
• Value for dividends = $3
• Compounded remainder back into the LP farm.

Asset value this week:

• USDC/POLYCUB - $763 (up $24)
• vexPOLYCUB - $155 (up $8)

Nice to see numbers go up, a little. I will likely stop pulling dividend funds out for a bit. The yield here is low, so to pull a couple of dollars each week feels hardly worth it. Will probably swap to 100% compounding from next week for a bit, to build up the position for a while.

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HIVE

A good week for post payouts with last weeks update, plus some Threads I have been posting leading to nearly $10 of value sent from post payouts.

Asset value this week:

• HIVE - $239 (up $41)

Nice - reporting during a little HIVE pump helps, but also a nice post payout week with an increase in HP helps.

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Conclusion.

Overall, a fairly positive week all round. EMP is our weak link just at the moment, but it has been strong for @spinvest for a while, and The funds we have in this wallet will be held to benefit from a recovery.

The Generator strategy will work out well over time, it is just a patience and persistence game now. Log in daily to compound (or claim on every third day) will see our position grow steadily over the coming weeks and months. Fortunately, the daily role over is at 9am in my time zone, when I am almost always on line and able to perform the TX's, so it is meant to be.

Everything except EMP is up this week, and income has been nice (keeping in mind it is an 8 day week due to the BSC issues).

Asset value this week: $4905 (up $265)

Sent for dividends: $22 (up $2)

Sent from post payouts: $10 (up $8)

Thanks everyone for following this report - feedback is always welcome in the comments section.

Lets hope for another nice week, and see if we can cross back above the $5K mark.

Cheers,

JK.

Posted Using LeoFinance ^Beta