Welcome to this weeks update from the @spinvest-leo account. This wallet manages a small portion of the overall @spinvest fund, and sends HIVE back to @spinvest each week to contribute to the pool of funds for dividends. This wallet is managed by @jk6276. The main focus of this account is to generate yield to contribute to the weekly dividends for holders of SPI tokens. 50% of the income generated each week is sent to @spinvest to contribute to the weekly dividend. Primary holdings are positions in SPS liquidity pools, other BeeSwap pools, along with some Hive engine based investments.
Position changes this week:
This is the first week since changing back to sending 50% of income generated to @spinvest, rather than the fixed target of 100 HIVE per week. As you will see, this target was no longer sustainable, and was eating in to the asset base, so had to be abandoned. I made no position changes this week, except for staking the small amount of LEO received from post payouts and from having the HP balance delegated to @leo.voter. For the near future, all LEO earned will be staked to rebuild a position here.
This week, 50% of income generated has been converted to liquid HIVE, and sent to Spinvest. The remaining income has been added to the HIVE/SIM BeeSwap pool to continue its growth.
Current holdings:
SPS/BNB pool - $799 - up $20
SPS/HIVE pool - $600 - up $16
SPS/ETH pool - $853 - up $32
SIM/HIVE pool - $510 - up $40
BXT/HIVE pool - $575 - up $20
Staked BXT - $232 - up $2
Staked LEO - $1 - (new position)
HIVE Power - $271 - up $18)
Miscellaneous - $69 - up $4)
(vexPOLYCUB, liquid ETH & BNB)
Asset exposure
Using the above values, and splitting pool positions into their components, we can calculate the total exposure to each asset for this wallet.
SPS - $1126 - 29%
BNB - $406 - 10%
ETH - $456 - 12%
HIVE - $1114 - 28%
SIM - $255 - 7%
BXT - $520 - 13%
LEO - $1 - 0%
vexPOLYCUB - $34 - 1%
Commentary:
Nice to see values up across the board, and a second week of solid gains. We all know crypto in general has had a good week, so I guess it is no surprise. Total income for the week was just over 58 HIVE. I don't track in detail the source of all income, but I'll figure out a quick breakdown for this week as a rough guide:
- From @dcityfund - 3.3 HIVE for SIM power holdings (in the LP)
- from @beeswap.fees - 1.265 HIVE fee-share for BXT stake.
- Post payouts - 11.266 HIVE (swapped HBD to HIVE, plus HP payout)
- SPS LP payouts - 29.2 roughly from SPS pool rewards
- SIM payouts - 4.9 roughly from SIM pool rewards.
- BXT payouts - 7.5 roughly from BXT pool rewards.
- Miscellaneous - 3.737 roughly from other sources.
- Total, 58.168 HIVE income.
So that gives a bit of a guide as to where our weekly income comes from. Like I said, I don't plan to give this detailed of a breakdown each week, but will occasionally to see over time how it varies.
Totals and conclusion:
Total asset value last week: $3759
Total asset value this week: $3910
Weekly gain/loss: up $151
Total income generated - 58.168
29.084 HIVE sent to @spinvest for weekly dividends.
Thanks for taking the time to read our weekly update. If you would like to learn more about @spinvest, and the $SPI token, check out the main account and review the weekly update post.
