SEED Holdings Report #13 - Warming up engines
This one has been probably our 'slowest' week in terms of revenue.
For a good reason! Since I moved the DAO from a wallet to another for accountability reasons, we're forced to wait 15 days before being able to participate in new presales. We're halfway there. This week I'm not posting the typical pie chart. We're only holding DAO and some HBD atm.
DAO Maker new hodling rules: stronk stronk!
I almost forgot to mention that they're introducing a couple of surprises being one of them already active. One of them is somewhat 'bad', but in my humble opinion it gets compensated by the other one + more collateral effects.
Effective immediately forthwith all future SHOs users are required to hold their entire DAO position required to maintain their SHO Tranche in their respective winning wallet or in near future in the DAO staking contracts, in order to receive their future unlocks of SHOs.
That's it, for now onwards we're forced to hold onto our DAO IF we want to receive the future unlocks from presale events.
That's not a 'big' problem since usually, we recover our investments at second 0 of presales, and in exchange, we receive a (very!) big benefit.
+200% APR; introducing Venture Farming.
This has been announced, but we still don't know the details and how will it work exactly. (More details there.)
Seems that we'll be getting a +200% APR (based on previous data) if we keep our DAO untouched on our wallet/vesting contract. This big profit comes from the 20% which is taxed to the presale winners at TGE.
If for whatever reason we move our DAO, we'll loose the right to receive that farming profits for 15 days (which is also the time required to wait when you purchase for the first time DAO and you want to participate in SHO's).
What does it mean for SEED?
means that we'll be forced to hold onto our DAO position to get the maximum profit, and it is something which will do with pleasure as long as the bull market lasts (and we'll see after).
Can't wait to see Venture Farming in action. If we 'only' get a conservative +150% APR (according to their data), we're talking about getting around 180K$ in PROFIT per year.
I still have to see it to believe it, ofc.
If this ever happens... every SEED will be acquiring (in theory) +1,85$/yearly. NOT counting presale profits.
Current SEED Stats:
Circulating Supply: 86,500 tokens.
Total Supply; 100.000 tokens (13,5K unissued).
AUM Value (All assets): 126.900$
SEED TOTAL Value: 141915/86,500 = 1,467 /SEED (+46% since the beginning).
67/2 = 23% MoM profit
Friday Again. Goooooood Weekend!
100% of blogging rewards paid to @seed-treasury.
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https://cointracking.info/portfolio/seedtreasury
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Gay
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Lesbian
Now all the eggs are in Dao, but it looks good.
A silly question? is that my memory kills me.
Does SEED plan to make a distribution or does it only work by capitalization?
By distribution, you mean some kind of airdrop/dividend?
if that's the case for your question my answer is there's no plan at the moment.
That could change in the future, though (but not my intention).
I was referring to dividend. Okay! is that I did not remember
So just another week and we will see the huge profits again. Thanks for the update.
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Mor eor less, yes, hopefully. Nothing is guaranteed, though :)
Keep going.
Always has been
We're held hostage at the moment, but one week is not the end of the world. Looking forward to huge profits, let's go! 🚀
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8-9 days is nothing in the grand scheme of things.
I wasn't complaining sir 🙂
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Looks like DAO is going to dump and we're taken hostages LOL.
Whatever. Let's YOLO and keep going! It's all for good as long as we're in the bull.
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Not really. We can still whenever we want (but we'll lose future rights on pending unlocks).
Think it from the other prism:
If people dump, there's more yield for us as there's less competition.
50K DAO is a select club where only a few can join. Give it some time and tell me later ;)
there is an acute lack of memes in this post. My Disappointment Is Immeasurable And My Day Is Ruined :)))
Soon memes, Sorry for my lack of humour lately, much busy!
I'm just messing around :)
Actually that doesn't sound bad at all and actually makes us more overall by holding. You are the rain maker and SEED will do very well. Great stuff and get to bed early, have your vitamins as we need you around for many years
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We will see how things go. The rules change but you are on top of them.
Great to see.
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Again an interesting report. I did even click and read the medium link for DAO.
Massive investment knowledge if paid attention where to look.
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