Last week, I relaunched the @spinvest-leo account with its new process and direction. As a reminder, the delegation program we were running is closed, and this account is now running without any delegations of LEO.
So here are this weeks numbers:
So we can see that the account made a profit for the week of 6.975 HIVE, with 3.488 to be contributed to the weekly SPI dividend fund. Before you say "whoopdy do, 3.5 HIVE is nothing" - let me explain a bit. Each weekly report, I'll go through the 4 key areas I'm actively working on building income.
LEO:
- This weeks LEO income was a total of 113 LEO.
- Important to note there is no post payout in this weeks income report.
- This is our base to build from.
- This week our 2 LEOMM did not produce a mining reward.
CTP:
- Total income of 56 CTP tokens.
- Only a few days of curation payouts in this, as tokens were only staked late last week.
- Our 50 CTPM produced 25.2 CTP income. These miners were bought at 1 HIVE each during a promo offer. 25.2 CTP is worth 0.568 HIVE. This would be around 29.5 HIVE annually. This works out to be nearly 60% ROI. Even at 2 HIVE each (the standard price) these CTPM look to be a decent investment - if the STP price holds up.
- The CTP tribe has been most encouraging of us being involved.
- No post payouts here this update.
NEOXAG:
- Around 65 NEOXAG income.
- No post payouts.
- The @spinvest-neo account has primary focus on Neoxian tribe, this is mainly a side income on cross tagged posts for this account.
HIVE Power.
- Curation returns were low this week, but will increase from the weekend as @spinvest delegated 700 HP to us as a trial to see what curation returns I can generate.
- Some miscellaneous income noted, but again no post payout in this total.
3.488 HIVE contributed to the dividend payout upcoming on Sunday.
This week I am covering this payout by transferring some HIVE out of Steem-engine. This is proceeds from some token sales of various tribe tokens that we were accumulating under the old spinvest-leo setup that are no longer a focus. I will continue to sell down these, but don't include them in the income report as these have been previously accounted for. This weeks transfer of funds from the legacy holdings is 4.928 HIVE.
The remaining Liquid HIVE has been deposited on Hive-engine, adjustments will be made and liquid tokens staked/sold, and then I'll start tracking next weeks income.
Next week will be better.
Thanks for reading, have a great day,
Posted Using LeoFinance
Sweet update, earning will go up as stakes are increased.
Let's see 60 HIVE next week? jk
Maybe not 60, but it'll be better for sure.
How do i acquire shares in spiinvest ?
I want in :)
SPI token on the Hive Engine market. We don't have any more tokens to issue, so Hive Engine is the only place to buy in now.
ok. sounds good.
I had a bit of spare Hive so I bought my first SPI token after seeing you win the Wheel of Engagement!
Welcome to SPI.The tokens will become harder to come by as the fund steadily grows and bagholders start holding their bags tighter.
Good time to jump onboard, our first ever weekly dividend payout happens on sunday.
We were pretty lucky to win the wheel on only our second spin - exciting stuff.
Cheers,
JK @jk6276
(The person behind @spinvest-leo)