SPinvest weekly earnings and holdings reports #2

in hive-167922 •  2 months ago 

Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of social blockchains. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. This lets SPinvest offer an ROI of 20% per year on SPI tokens. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from @spinvest are through the steem-engine are dex.steemleo exchanges.

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Good Saturday everyone and welcome to the second earning and holdings report. This week is an important one because dividend payments start and 50% of this week's earnings will be shared out between SPinvest token holders. Dividends will be paid out every Sunday evening at 9pm GMT. Please note that SPinvest tokens are 2 decimals so its not possible to pay out dividends to holders that own less than 6-7 SPinvest tokens.
Earnings are up a little and we converted around 6500 STEEM into tether. We also got gerber paid for his work on setting everything up with the token swap and we got a good deal considering we have no server overhead. Lets move into the numbers.

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Show support to SteemPower Investments through it's Patreon Page
Click here to join the SPinvest community over at beta.steemit.com (Steemit Communities)
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If I am reading all this correctly, this means that there is 146K worth of holding as valued in HIVE (the base pair for all SPInvest holdings).

Thus, with 100K tokens maxed, each is worth, presently, 1.46 HIVE.

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Yep, bang on. Your thinking it right. There are currently 96k issued. Spinvest still has 3000 and there is just over 1000 being held for Roaylty token payments.

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So the goal now is to push the value, in HIVE, towards the 200K level, making each SPI token effectively backed by 2 HIVE.

The capping of the tokens was really the smartest move the club could make.

We could actually see outsized returns if the growth of HIVE keeps going along with the value in fiat taking off.

Posted Using LeoFinance