Spinvest-leo weekly update post - 18 November 2023

Welcome to this weeks update from the Hive account@spinvest-leo account. This wallet manages a small portion of the overall Hive account@spinvest fund, and sends HIVE back to Hive account@spinvest each week to contribute to the pool of funds for dividends. This wallet is managed by Hive account@jk6276. The main focus of this account is to generate yield to contribute to the weekly dividends for holders of SPI tokens. 50% of the income generated each week is sent to Hive account@spinvest to contribute to the weekly dividend. Primary holdings are positions in SPS liquidity pools, other BeeSwap pools, along with some Hive engine based investments.

Position changes this week:

Minimal changes to the mix this week. I have continued staking all the LEO we earn, and we are slowly rebuilding our LEO stack. Once it gets staked, it then gets delegated to Hive account@meowcurator for passive earnings. Slow and steady for this. Everything else is unchanged, and the 50% of earnings that is not sent back to Spinvest is getting compounded to grow the ZING/HIVE LP position.

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Current holdings:

• SPS/BNB pool - $965 - up $23

• SPS/HIVE pool - $652 - up $16

• SPS/ETH pool - $1022 - up $4

• SIM/HIVE pool - $561 - down $25

• BXT/HIVE pool - $632 - up $13

• ZING/HIVE pool - $11 - up $6

• Staked BXT - $289 - down $3

• Staked LEO - $5 - up $1

• HIVE Power - $313 - down $9

• Miscellaneous - $72 - down $4
  (vexPOLYCUB, liquid ETH & BNB)

Asset exposure

Using the above values, and splitting pool positions into their components, we can calculate the total exposure to each asset for this wallet.

• SPS - $1320 - 29.18%

• BNB - $490 - 10.82%

• ETH - $542 - 11.99%

• HIVE - $1241 - 27.44%

• SIM - $281 - 6.2%

• BXT - $605 - 13.38%

• ZING - $6 - 0.12%

• LEO - $5 - 0.11%

• vexPOLYCUB - $34 - 0.75%

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Commentary:

A mixed bag this week, with some small gains and losses. Overall, SPS was the best performer, and helped the portfolio maintain an overall positive week. After such a big jump last week of over $500 in value, I was expecting a bit of a pull back. To maintain growth in value in a choppy week is a good sign. It is really nice to see SPS performing better lately, and we are well positioned to benefit from future gains if they happen.

The income sent back to Hive account@spinvest this week is slightly lower than last week, mainly due to a smaller post payout amount. The returns from pools and staked assets are all fairly stable, broadly speaking. The biggest variable week to week is post payouts. For this report I have switched back to using the inleo front end - lets see if that makes a difference.

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Totals and conclusion:

• Total asset value last week: $4500

• Total asset value this week: $4522

• Weekly gain/loss: up $22 for the week

• Total income generated - 59.452 HIVE

29.726 HIVE sent to Hive account@spinvest for weekly dividends. This is down 0.644 HIVE from last week.

Thanks for taking the time to read our weekly update. If you would like to learn more about Hive account@spinvest, and the $SPI token, check out the main account and review the weekly update post.