Distribution of our 1 year group savings.

in #hive-1679222 months ago

Introduction

As a small group of friends excited with Inleo, we started a savings project 1 year ago and agreed to send back each person's earnings at the end of the 1-year savings period. Here we are, 1 year has come and gone and its time to do as agreed. We already powered down our Leo and converted back to Hive which we will send to each one according to what they have saved.

Each persons savings.

We will have to pull some data from our last savings update to enable us see how far we have done.

The image below is from our last savings post. You can see that as a group, we saved a total of 24,487 Leo.

The table below shows each persons individual savings. You can see that we saved a combined 3,939 Hive which we converted to Leo.

UsernameHive SavingsDuration covered
@fokusnow1080 Hive1080 weeks
@sammyhive757 Hive757 Weeks
@emjeak485 Hive485 Weeks
@ijelady226 Hive226 Weeks
@marajah215 Hive215 Weeks
@beauty197176 Hive176 Weeks
@uzoma24169 Hive169 Weeks
@luchyl112 Hive112 Weeks
@herculeand107 Hive107 Weeks
@iamchimary100 Hive100 Weeks
@ijebest100 Hive100 Weeks
@caleb-marvel87 Hive87 Weeks
@chigold167 Hive67 Weeks
@chichieze60 Hive60 Weeks
@pearlie12349 Hive49 Weeks
@ngobaby35 Hive35 Weeks
@ladyfoth31 Hive31 Weeks
@mr-chuks24 Hive24 Weeks
@rhozolive20 Hive20 Weeks
@bestars17 Hive17 Weeks
@iamnursejeff14 Hive14 Weeks
@samueluche076 Hive6 Weeks
@meraki75782 Hive2 Weeks
Total Hive3,939 Hive

Converting Leo back to Hive

After we powered down our LP, we had to convert it back to Hive. So you can see that we got 3882 Swap.Hive from converting 24489 Leo. Check screenshot below

Converting the 3882 Swap.Hive to Hive, we have 3,865.

Now compare the savings total versus what we have after this power down and you could easily see we lost some Hive.

Total Hive saved: 3,939
Total Hive after savings: 3,865
Difference: 3939 - 3865 = 74

Explanation: We had the loss of 74 Hive because Leo lost so much value in this bear market against Hive. So its conversion rate dropped significantly against Hive.

Recovering the loss

From our HP, we have 138 Hive.

We have initiated a power down. We will recover the loss of 74 Hive from this powerdown and balance up the savings. We are supposed to make profit from the savings. Unfortunately, the bear market took that opportunity away. So we are making sure that everyone receives exactly the amount they saved.

Conclusion

Within 24 hours of this post, everyone would receive their exact savings amount back from the account they sent it.

We appreciate all friends that joined us. We are kicking off another savings project by September 1, 2024. Keep an eye on this account for updates on that.

Thank you so much once again for supporting this project! Lets do great from September!!!

c: @leogrowth @tsunsica



Screenshot are from threads, BeeSwap, and Peakd.

Posted Using InLeo Alpha

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I appreciate your your efforts and the accurate records. Hope to save more come September

congratulations to us all.

Next project will be much better

Am super ready for the next savings. Thanks so much for coming up with this savings project. It's really helpful

Thank you so much for this initiative, it has helped me so much to move forward. It's a good and a helpful idea.

Amazing, thank you so much. It was a win for all of us. Lets do it again in September!!!!!

Thank you sir I really appreciate your encouragement

This is amazing, I so much appreciate it. When are we lunching new savings

Thanks so much for forwarding everyone's savings though I didn't save a lot , it will still help me. I intend to save more next time. 👍

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