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Spinvest's weekly earnings and holdings report | Year 03 | Week 22

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@spinvest
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Hello, SPIer's. Today is Sunday and we end the SPI week with our weekly dividend payment this evening and every Sunday at 21.00 GMT.

What is SPI? SPI tokens are growth investment tokens that pay a weekly dividend. They have been circulating for over 2 years, on STEEMHIVE. Mostly sold for 1 HIVE, each token today is worth over 4 times its HIVE issue value and 12x its dollar value. On top of that, token holders receive roughly 8% more SPI's every year from weekly dividends. We raised $13k from issuing SPI tokens for the first year which has been used to grow a diverse portfolio of investments, many of which provide streams of passive incomes. SPI tokens are part ownership of all SPinvest tokens/accounts, assets and income. The price of each SPI token is its liquidation value as SPI tokens are 100% backed by holdings. Handcapped to roughly 94,000, no more can be minted are issued. Adding, hold and compounding has us on the road to major growth and these tokens are still growing in value.

SPI tokens are part ownership in an actively managed fund. We have our hands in over 20 investments with the lion share being HIVE, BTC & ETH. We dont FOMO are chase pipe dreams. Tried and tested works best and is safest. Our motto is "Get rich slowly" and compounding down on sound investments is our game. You should invest in SPI tokens with the mindset of not selling for 3-5 years minimum. Let's have a look at this week's on-chain HIVE earnings.

Earnings this weeks are back to par with what we have been earning the past few months. Income from delegating HP to WOO has slowed down and the APY is down to around 12% so im likely to swap that back over to loe.voter if it drops to under 10%. The dividends we receive for BRO, INCOME and DEFI are the same as last week as are content earnings. The real drop is from gaming which was 100 last week and back to a normal 50 this week and leasing which is cause the price of WOO to drop.

Going forward, i am looking to invest into HIVE based tokens or projects that produce an income but its slim picking on hive-token. We already have decents chunks of BRO, INCOME and DEFI with enough exposure to all. The only thing im seeing is EDS which is paying out over 30%, i guess we'll get high on our own supply and i've been able to buy over 1000 EDS in the past 2 months for 1 HIVE each. This helps with EDS keeping its peg at 1 HIVE builds SPI a stable income at the same time. If there are any token on hive-engine that you are aware of that are paying out over 15-20% in HIVE or a token with good liquidity, please share in the comments below, im always looking out for new stuff.

Liquid HIVE and HBD holdings took a hit this week as we bought back 700ish SPI from the buy-back offer. I had been buying back seom SPI from the exchange help fund future team rewards but this 700 is enough to keep us going a while and i can funnel the funds into something else.

On hive-engine, still waiting on weekly LISTENERDS unstakes to come through so we can dump them asap. I've sold off 400 UTOPIS as the price jumped 50% and im bored to track it every week as it continues to decline. The operator that was buying up lots of tokens has been dumping them in a big way and i think it's going to zero soon so better to to take what we can. 100 HIVE @ 50 cent now is better than nothing i guess. ALPHA and BETA tokens are holding up well in $ value, i think we will hold these until the market bull run and hope to see those crazy prices we had before when we sold most of ours out. I might consider selling off 2 ALPHA packs because we might need some liquid HIVE and even at today's price, we're still up over 20x.

I really need to take a look into PUNKS and update the value on these. On another note, i starting to think its time we added some sort of graveyard into my tracking spreadsheet because there are few tokens we hold that are valued at say $50 but offer no liquidity trading at $0 per day. These tokens are dead tokens, M4L miners as an example. Our holding for these are worth $35 but the trading volume is $0 so it's just a paper balance. Maybe a graveyard account would be better, some account we shipped all our dead holding to in the hope we get a zombie that comes back to life. The SPI HE account has been very active for over 3 years and it's built up of a crap tokens we dont need and im bored to track. I like things to be neat and tidy including wallets. Maybe a graveyard account could work, sorta like an SPI null account that we have access to ๐Ÿ™ƒ

Ok, over on defi, im having problems with CUBfinanace kingdoms and none of the accounts i control can interact with them. When i try to add, withdraw are claim rewards, i get a meta mask pop up asking for 0.44 BNB fees and a warning saying the transaction is likely to fail. It's been like this for almost 3 weeks now and we've got $20k in the 4belt kingdom with around $60 in unclaimed harvests. I kinda need access to these funds for when the price of ETH drops or if i wanna invest into something else so when they fix this problem, i'll be pulling this 4belt kingdom because not having access to funds for 3 plus weeks is not cool. I'd rather take the hit on APY and have access.

Not much change overall, im looking to invest into GLS packs and need $2500 for that. The presale starts in 2 days and im fairly certain that CUB kingdoms will still not be working by then as they dont really seem to care that much, i've had a support ticket open around 10 days and been just told to wait. Anyways, these GLS guys are looking to raise $2.5 million with this presale so im hoping it'll last long enough so we can invest. I really dont wanna miss out on this.

SPI token price is up a little this week mostly because HIVE is down some but up is up. Even when looking at the $ value, SPI is still near 5x what it was before the bull run started so even if the total fund is down 65% from its peak, we have still been able to preserve an ok chunk of what we profited. When we factor in that we're holding near $30k in the stable that will be converted into mainly ETH and HIVE when they drop further, we will be heading into bull run 2025 far stronger than we were in 2021. Selling out ETH at $1550 has been working great and if we can buy back in for under $1000, that would be even better. Sounds very low I know but I dont think we've seen market bottoms yet. If the price of ETH increases for 1-3 months, I might change my tune.

Oh, launched SPI Royalty Rewards this week sorta. If you hold over 1000 SPI tokens, please DM me on discord silverstackeruk#3236 to claim your free SPI merge pack. All I require is a postal address to ship it to.

Dividends will be sent out this evening folks as always, Have a great Sunday and a fantastic week.

Thank you for taking the time to read through this weeks SPI earnings and holding report. We post every Sunday to keep our investors up to date so please follow the account if you would like to track our progress.