Spinvest's weekly earnings and holdings reports #7
Hello, SPIer's. You will have noticed that this weeks report is coming to you on a Sunday instead of Saturday like normal. I have held back 1 day so we can aline the earning and holding report upload day to the same day as the SPI dividend so from today forward, SPI earning and holdings will be on Sundays. Why? As we continue to add more dividend yielding tokens, it would be ideal for reports to be uploaded to the same day as dividends. So CUBLIFE on Friday, LBI on Saturday, SPI on Sunday and EDS on Monday. We'll fill the 3 middle days of the week over the course of the next year.
Over the past week, HIVE has shot up in value so this week's numbers are nice. Earnings are lower this week as we earned way less LEO for some reason, everything else looks about the same is not much change. The APY for the bLEO/BNB LP has dropped a bunch for @spinvest-leo but even @spinvest LEO earnings are small this week compared to normal. We'll see what happens this week.
This is our 1st week with under 1000 HIVE earnings in year 3, lets hope it's not a continuing trend.
Breakdown this week is interesting. The total fund valued in HIVE is worth 6.47% less than last week, but the dollar value has increased 30.8%. The gives each SPI token a value of 4.30 HIVE, which is 1.50 dollars, and nice round numbers. Im tempted to add more RUNE to our pile for 1 least top-up before we move on to something else.
All in all, earnings were not great this week but seeing a 30% increase in dollar value turns the tears from bitter to sweet. Let's hope this current pump's gains are not wiped out and the market continues into the second half of its bull run.
Thank you for taking the time to read through this week SPI report, I hope your happy with the results and satisfied with the continued growth we experience.
The earnings or lack of possibly could be part of the curation glitch from HF 25. The first 7 days people are seeing a lot less curation rewards than normal, things should re-balance on Wednesday when the 7 days are up, and then we start to see the effect of the changes made in curation roll in.
As you can see I was holding pretty much the the 2.0 line. It was kind of depressing not seeing rewards, come in, so after two days, I did what others suggested and went and voted on 6/7 day old post, not many mind you only a few and at my normal 25% vote power. Still most of my votes go out in a daily manner manually and I do not like to skip my daily votes to people and accounts I like, so I'm a few hours in vote debt but that will recover.
Very interesting, i never knew that. Thank you for sharing :)
I forget who first mentioned it, either Jarvie from PeakD or Acidyo, a couple of days ago. I pretty much use all my daily votes up but I have gone into what I call vote debt, (when it takes more than a day to recover full value), to go back and vote at least 4 articles from day six and seven.
Very interesting, I found your coin on Hive Engine and am still interested as I see it is down today at a discount likely only due to HIVE blowing up! Anyway I am curious are you still in action? what is expected and past ROI? Thanks