What moves are you making?
I have been making some moves around our INCOME Synergy fund and other positioning on Hive-engine, I thought I would write a post tonight about what I have been up to. This is just a post about my own story, I am not advising anyone to do anything.
Obviously I have been writing a lot about LABFUND and ARMERO and all the cool things we have going on in dCity, and that is great, I continue to be very happy with both of those projects, although they will start to generate less posts from me as they mature into their final forms.
But there are other things going on as well. And as we were sweeping around the underpriced LBI market, we came across this post by @lbi-token about a conversion opportunity for LBI into Cub Life (CL) token. There are not a lot of opportunities out there to redeem LBI at its fair value, so I welcome the opportunity and take maximum advantage of it.
Philosophizing about tokens can be fun!
1 million LVL token secured for 740 HIVE
INCOME Synergy Fund already traded one very successful run on LVL, and we have just initiated something of a buy-the-dip in the Synergy fund, buying back another million LVL tokens while the price is at this level. It could continue to dip, but something tells me not for long....
Since no one is dumping, we did pull some of the back stop to get into the LVL as seen above, we will see how the market develops and see if perhaps this weekend will see more people making a decision about ARMERO token - the city and the LP-backing continues to grow!
HIVE Power Up Day
Of course there are these silly social events, I usually ignore them because I am too busy doing things in the times that they are convenient to me, but wouldn't you know it that today it was convenient for us to power up 100 HIVE power and cross the 50k HP threshhold! We now have 50,081 HP on the @ecoinstats account.
And with 166 HIVE on hand and 18278 HIVE SBI units, this leaves us with 59386 Hard Hive backing to our SYNERGY Fund.
And what is the speculative part of our portfolio worth right now? You might be asking....
With an additional ~1000 Swap.HIVE listed in Open orders, our value has never been more highly valued:
This means that our non-official ABV is somewhere darn close to 8.7 HIVE per INCOME token. WOW!
And there is more where that came from, we are making moves and looking into new projects all the time. Have you seen the Splinterlands Christmas bonus Sale? Well @gerber and neal tokenized it! This seems like it could be a quick flip, but it all depends on the price of the promotional card in the end.
You too can join in over the next 20 days of Christmas for just 2700 DEC per CLP, which will net you a CHAOS pack, one promotional card and the drips and drops from the Runis and the Airdrops. Just go here to https://splinter.fi/clp - home also of forever staked SPS, which I am still exploring.
I continue to look into @liotes and CTP as well to see if there is a good way for us to increase our involvement and support of these projects, projects we are invested in.
And of course the LGN airdrop is just getting started!
We will see what @raymondspeaks gets up to with LGN, which by the way is pronounced 'LEGION', but may actually stand for 'Let's Get Naked' depending on who you ask.
I will continue to keep my eyes open, in the background I am doing tons of paperwork, getting businesses set up, deploying a virtual store for our Colombia region (more on that soon!) as well as getting all my finances in order to be able to end the year in peace.
I hope you are all doing well and prosperous, let me know in the comments!