Spinvest-leo weekly update post - 20 April 2024

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. Currently, we are compounding all income earned, so transferring funds to Hive account@spinvest is not happening. The wallets funds are split between HIVE based assets, with SPS, BXT, LEO, and HIVE stakes, plus a position in the SIM/HIVE liquidity pool. The other half of this wallets funds are in the Cosmos eco-system, building an ATOM stake, alongside DYM and liquidity pools on Dymension.

Position changes this week:

No changes this week, simply compounding income and chugging away.

---

Current holdings:

HIVE Assets:

• SPS Staked - $625 - down $63

• SIM/HIVE pool - $397 - down $26

• Staked BXT - $631 - down $64

• Staked LEO - $96 - up $13

• HIVE Power - $303 - down $33

Total for HIVE wallet: $2052 - down $173

Cosmos Assets:

• DYM/stTIA - $585 - up $73

• DYM/ATOM - $529 - down $15

• DYM/WBTC - $208 - up $9

• ATOM stake - $148 - down $9

• DYM stake - $805 - up $59

Total for Cosmos wallets: $2275 - up $117

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 - $625 - 14.44%

• HIVE - $502 - 11.59%

• SIM - $199 - 4.59%

• BXT - $631 - 14.58%

• LEO - $96 - 2.22%

• DYM - $1466 - 33.88%

• stTIA - $293 - 6.76%

• ATOM - $413 - 9.53%

• BTC - $104 - 2.40%

Portfolio Split this week:

• HIVE: $2052 - 47.42%
• Cosmos: $2275 - 52.58%

---

Commentary:

Very mixed bag this week. Hive assets dropped, but we got some LEO added from doing the cash out thing with our vexPolycub. Overall HIVE assets dropped a bit. Cosmos was itself a mixed bag, with DYM and stTIA up a bit and ATOM down. Overall we gained a little after a big drop in the last couple of weeks.

Airdrops for our DYM stake may start to flow over the coming weeks, and this could give this wallet a boost along.

The only other thing I'll add is to note I have put out a proposal from my personal account to take over as the operator of the LBI project. This could affect my personal involvement here with Spinvest, and is subject to negotiations.

---

Totals and conclusion:

• Total asset value last week: $4383
• Total asset value this week: $4327
• Weekly gain/loss: down $56

Currently compounding 100%, so no funds sent to Hive account@spinvest for dividends.

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.

This post authored by Hive account@jk6276 on behalf of Hive account@spinvest-leo. 50% beneficiary set to Hive account@jk6276