Weekly Update #2
As you remember from last week, we are still letting the older bad leases roll off and building up sbd's and increasing our non-leased SP. We grew our sbds to 23 (At+$8) for the week and total upvotes now in the hopper are $57 (+$23) so about 20 more sbds coming... That is now 45 sbds (+$20) to work with on the leasing program.
What I am hoping to do is continue to build the sbds and wait for a price drop. If we get a price drop the goal would be to get a rate of 180 SP per steem per week... so for 13 weeks that would be 13 steem for 180 sp. The goal is to get the sbd up enough to get 130 steem... so going from 45 sbds to 130 is about a 3 fold increase. I think we can do that in the next month or so. (with a break)... That is now only a 3x growth rate compared to a 5x from last week... The goal will get clearer and more achievable as the days go forward!
If we reach those goals and target prices, it would mean the addition of 1800 steem or roughtly 1.5x what we have today.
That is the plan... Feel free to tell me what you think!