SPinvest Starts Powerdowns on all Main Account (Not Exiting HIVE)
Hello SPIers, Just an update on how things are going on the SPinvest curation front. To get you up to speed. We pulled all delegations from leo.voter across all SPinvest projects a few weeks back to start earning from curation instead. This decision was made for a factor of reasons but the result is we regain control of our HP. Rewards are more consistent, on time and hold value better.
Which Accounts does this include?
** Dailydab is a shared project with BROfund 50/50
A few weeks ago I removed all delegations and waited 5 days for the cooldown. While waiting I removed all autovotes and stopped following all curation trails for the accounts above. By the time the 5 days were finished, all the above accounts had 100%VP. Finally, I had all the above accounts follow the @eds-vote curation trails including a personal account with over 100k HP.
From there, I created an Excel sheet to input the amount of HP being used for curation from each account. After adding a few formulas, we can see what each account should earn from curation, HP inflation and the amounts we need to power down.
This most recent Sunday at 0.05 am, I started power-downs from all the above accounts for the amounts highlighted in red. Now we know exactly what each project will make from its undelegated HP for the next 13 weeks.
spi-store and spinvest
These 2 accounts have around 280k HP and we will withdraw the full amount of curation and inflation earned.eddie-earner
My guess is much of this will be re-powered up as EDS has close to 1000 HIVE a week incoming and only 300 HIVE a week outgoing.dailydab
Much the same as EDS where alot will be re-powered up. Not as much as EDS but at least half.
RoundUp
That is the update, we all understand how earning from curation works. It feels strange that HP curation is the best solid APY on HIVE for HP delegations. Remember when we could get 18-20% for leasing HP all day long back in the day. Anyways, HIVE curation is up from 8 to 10% in the past few months and then we get 3% on top for inflation. The cherry on top we not earning a token that is dropping in value against HIVE.
Im looking forward to less work and more consistent rewards.
Getting Rich Slowly from June 2019
| Token Name | Main Account | Link to hive-engine |
|---|---|---|
| SPI token | @spinvest | SPI |
| LBI token | @lbi-token | LBI |
| Top XV token | @spinvest | XV |
| Eddie Earners | @eddie-earner | EDS |
| EDS miners | @eddie-earner | EDSM |
| EDS mini miners | @eddie-earner | EDSMM |
| EDS-vote | @eds-vote | n/a |
| EDS DOLLAR | @eds-d | EDSD |
| DAB token | @dailydab | DAB |
| DBOND token | @dailydab | DBOND |
| RUG token | @rugem | RUG |
Stay up to date with investments, and fund stats and find out more about SPinvest in our discord server
interesting movements, we will continue to follow the results
Should be more consistent results :)
Finally someone realizes what a wealth sink the LEO delegation is.
The amount of LEO inflation is crazy
Only surpassed by the selling skills of its founder :)
Are we powering down to release HIVE for income/dividends payments?
With @eddie-earner, I guess the next power-down could be closer to what is needed.
the powerdown from eds-vote on its own is enough liquid HIVE for EDS. We could prob get away with no powerdown from EDS but I have a routine when inputting numbers into the sheet each week. haha.
😂
smart moves
fingers crossed
Great Job!
!LUV
!PIZZA
@spinvest, @mein-senf-dazu(1/5) sent you LUV. | tools | discord | community | HiveWiki | <>< daily
Thank you
$PIZZA slices delivered:
@mein-senf-dazu(2/5) tipped @spinvest
Sounds like a smart plan. I look forward to seeing how this grows now!
me too, i hope things ill be more consistent
That's perfect, I've been focusing more on HP as well and receiving payments in hive. The tokens I have invested in are dbond/dab, eds, armero and some others that have income. The other types of tokens I just put together to delegate and make them work for me and earn in hive.
Have you seen pob.voter and bee.voter? They pay in hive for your delegation of these respective tokens, so it might be a good idea for you to speed up your hive earnings and do a powerup, for example.
I going to try curation first because there's no cool-down time if I dont like it. 5 days cool down costs 400-500 HIVE.
Yes, I understand, but in this case you delegate second layer tokens, pob.voter you delegate the POB token and receive it in hive and bee.voter you delegate the BEE token. These projects that receive second layer tokens and pay in hive are something I've been looking for.
Great decision!
Thanks to that, the upvotes that we received from eds-vote (and others) have almost doubled compared to those from eds-vote only.