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!
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