INCOME Synergy Fund Update - Q3 2022 Report

We have had a really strong Q3 with the INCOME Synergy Fund. This is an entertainment token, run like a Hedge Fund, because that's entertaining. INCOME is indexed to HIVE, not USD. Buy tokens at your own risk.

Make sure to check out some of the previous updates to understand more about the project:

INCOME token stronger than ever - NEW ABV calculations
Roadmap Complete!
Update to Linear Divvies
Fund Portfolio Update March 10, 2022
PsyberX Fund position Update
Fund automation projects and New Roadmap
Fund Portfolio Update October 6, 2021
Fund Reorg, final swaps from STEEM

Updated Daily Post

We have made additional upgrades to our daily post on @ecoinstats, hopefully making it even more valuable to hold INCOME token, and to give us additional options in the future.

We still are running the faucet, we divide a power up of 1 HVIE per day for new users (low hp) who leave a comment. I am of half a mind to end this, but I think there is still possibly some value to create with this automation.

But we have given up on showcasing their posts - now we are showcasing posts from our INCOME token holders/members!

image.png

We are showcasing only posts that are within the voting window of 24 hours, so you could actually use this as a curation report. We are currently selecting 7 new posts per day, and listing them randomly. The first post that gets listed in the random order will win an HSBI unit!

Today @zealous4ever won the prize, I think I am going to have to change the winner to a notification.

So with the faucet and the HSBI unit, we are giving away 2 HIVE per day, plus 5 HIVE per day in dividends. Our account is managing it beautifully, and continues to power up more HP.

image.png

image.png

We continue to solidify the account with HIVE POWER while HIVE is cheap, we are playing the long game and we want to lock in as much of our currently high ABV as possible. Last time I did some napkin calculations to check, we were hitting 8.5, already up 10% from our officially locked in ABV from the middle of August.

Since we are indexed to HIVE, we want to lock in as much ABV in HIVE as possible during this phase of the cycle. I don't know how much longer we are in this phase, there are some signs we are oversold already. But there are some extenuating circumstances in the legacy economy so it could be another year or more. Whichever way it turns, we will be ready.

Current Trades

The fund was able to get a hold of a large number of CTPM miners on the cheap, we have powered up 3333 of them, making us one of the largest miners in the tribe. CTP is an interesting tribe, I will take the time to investigate further and come back with my full report.

We have also invested 500 HIVE in the MYRIANODE project by @psyberx. I, @ecoinstant am also involved, though I can't say if it will make money or be profitable, especially in HIVE terms. But it is a nice way to diversify our portfolio in a safe and trusted way.

image.png

As you can see, our biggest partners are BRO, ECOBANK, WORKERBEE, CTPM, ARCHON, LVL, DHEDGE, SEED and now MYRIANODE. We will continue to maintain a Dragon's Level of BRO no matter what, the @brofi votes are very convincing, but we did take the chance to sell all of our surplus into HIVE while HIVE is very cheap. We would have no problem buying some more BRO back when HIVE is once again expensive, although then the votes from @brofi will be even more tempting, so we will see what happens in the future for BRO!

We have pared down many of our holdings in just this way, as mentioned earlier to continue to solidify during this phase.

Pools

We are participating in 3 pools currently, including SIM:Swap.HIVE as well as a new-comer - BRO:NEOXAG!

image.png

I will continue to monitor the opportunities that these different pools present, including their risks and rewards.

Do you have any questions for me?

Ask me anything. I have been around doing this for awhile, and it seems like its going pretty well. Thank you to all of the holders who continue to participate in this project, you are appreciated and I hope I can continue to make it extremely entertaining to hold INCOME token.

Freedom and Friendship



0
0
0.000
9 comments
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 126 of my contest just started...you can now check the winners of the previous week!
!BEER
5

0
0
0.000
avatar

Love the moto "Freedom and Friendship" this is what decentralization should be about.

I have a question bro, I see you're delegating $WORKERBEE and I'd like to know to whom you're delegating it to, and how a possible reward system works there.

Thank you very much. I think you are very trustworthy. I will be buying $INCOME in a step-by-step approach.

Have a !PIZZA on me. Much !LUV bro.

- EvM

0
0
0.000
avatar
(Edited)

Wow, this is amazing @ecoinstant
Thanks for the prize 😊 I commend you for the good work you're doing here, keep it up! And gooudluck to future winners. !PGM

0
0
0.000
avatar

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT - 0.1 THG - tokens to @zealous4ever

remaining commands 9

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


0
0
0.000
avatar

You say three pools but only mention 2 (SIM/SWAP.HIVE and BRO/NEOXAG). So what is the third pool?

Posted Using LeoFinance Beta

0
0
0.000
avatar

💪😊😎🤙 sounds great! hope Q4 is just as good or even better!

0
0
0.000