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Spinvest-leo weekly update post - 9 December 2023

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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.

Image from thread

Position changes this week:

What a week. SPS has really turned around nicely, and our other positions have also gone nicely. During the week, I pulled a small amount out of the HIVE/SPS pool (just like 4%) and added to ZING pool. The overall portfolio had a real nice week.


Current holdings:

  • SPS/BNB pool - $1259 - up $250

  • SPS/HIVE pool - $803 - up $135

  • SPS/ETH pool - $1485 - up $326

  • SIM/HIVE pool - $563 - up $25

  • BXT/HIVE pool - $667 - up $48

  • ZING/HIVE pool - $96 - up $39

  • Staked BXT - $343 - up $39

  • Staked LEO - $8 - up $1

  • HIVE Power - $340 - up $27

  • Miscellaneous - $75 - up $9
    (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 - $1774 - 31.45%

  • BNB - $637 - 11.29%

  • ETH - $781 - 13.84%

  • HIVE - $1405 - 24.91%

  • SIM - $282 - 4.99%

  • BXT - $677 - 12.00%

  • ZING - $48 - 0.85%

  • LEO - $8 - 0.14%

  • vexPOLYCUB - $30 - 0.53%


Commentary:

Boom. A glorious week really, were we gained close to $900 in value, on the back of a decent week last week also. Income is also up, as we are getting more HIVE for our SPS yield, BXT yield is well up (around 20% currently) and the ZING pool is high income also.

Happy days across the board this week for us, and after such a long run of boring reports with little change or drops in value, I am really enjoying putting these reports together again. It's always more fun when "number go up" mode is active.


Totals and conclusion:

  • Total asset value last week: $4740

  • Total asset value this week: $5639

  • Weekly gain/loss: Up $899

  • Total income generated - 92.554 HIVE (up 18.85 on last week)

46.277 HIVE sent to @spinvest for weekly dividends. This is 9.425 higher than last week.

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.

Posted Using InLeo Alpha