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:
Well, last week was a pretty dull week, with not much change in the portfolio. This week, there are no position changes to report, however the price action has finally kicked in a bit for HIVE, and this portfolio has seen a significant jump in asset values as you will see below.
Current holdings:
SPS/BNB pool - $1263 - up $134
SPS/HIVE pool - $569 - up $77
SPS/ETH pool - $1303 - up $171
SPS Staked - $641 - up $90
SIM/HIVE pool - $563 - up $82
BXT/HIVE pool - $238 - up $39
ZING/HIVE pool - $436 - up $39
Staked BXT - $790 - up $154
Staked LEO - $31 - up $5
HIVE Power - $351 - up $48
Miscellaneous - $67 - up $8
(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 - $2209 - 35.32%
BNB - $643 - 10.28%
ETH - $677 - 10.82%
HIVE - $1254 - 20.06%
SIM - $282 - 4.5%
BXT - $909 - 14.54%
ZING - $218 - 3.49%
LEO - $31 - 0.50%
vexPOLYCUB - $31 - 0.50%
Commentary:
A winning week all round this week - SPS up nicely, driven by a good week for HIVE (for once) along with ETH and even BNB. Our other assets also did well, with BXT up and HIVE gains propping up the ZING pool price for the week. Weekly profit share sent is down slightly from last week, but thats ok. The next potential driver of gains will be the new Arcade Colony token COLONY, coming soon. We won't get the initial airdrop, as it is for GLX. But the ongoing 5 year airdrop we will get some, thanks to the SPS stake we hold. Will be interesting to see how much that is worth.
Totals and conclusion:
- Total asset value last week: $5405
- Total asset value this week: $6252
- Weekly gain/loss: up $847 (a gain of over 15% for the week. 😍)
36.019 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.
This post authored by @jk6276 on behalf of @spinvest-leo. 50% beneficiary set to @jk6276
Dont think you've ever had a week when everything increases, thats a crazy good week. Back to over $6k 🤑
Even vexPOLYCUB went up... 😁