First of all, apologies for the current delay on this post (in case you missed it, it should've been written last week). I even thought about doing a post with ''HAHA URE RUGGED'' yesterday for April fool's day but honestly, I've been in a very hectic mode lately with multiple things in the real world and didn't have the time.
It's being an awesome Saturday night, don't you think?
Chilling with a (decaffeinated) coffee, writing with the headphones (this in the background atm), and overall thinking about ways to keep boosting our overall SEED portfolio. Let's recap with the latest updates:
- DAO Maker presales starting again.
- We just joined our biggest presale (in $$ terms) participation, EVER.
- Some HBD thoughts.
- SEED Price.
Overall State of the Portfolio
Overall we have been enjoying a few weeks of green. I exited Polycub completely when rewards dropped at the start of the 3rd week and never looked back.
I don't remember the exact number, but I exited at a very decent profit of +40-50% approx. Bridged all assets on BSC, and reentered the ORN-USDT pool where we have the flexibility of being able to hold stables with a nice +30% APR in the meanwhile. All of this while keeping a buffer in BUSD to participate in DAO Maker sales.
Talking about DAO Maker Presales...
We just joined one this week (one of the few in almost 2 months of drought) and not just any...
the biggest one so far for us, in terms of the size of the allocation.
We're talking about 7800$ in BUSD. Since we won both the Public & the Private SHO's.
Want some perspective? The average SHO grants us a 250-750$ allocation in average.
Our previous record was the 'Numbers' SHO with 3000$, which still is our biggest value 'locked'.
The NUM SHO performed extremely well. From a 3000 $ initial investment, we already cashed out 11.400$ , with 15.800$ still locked in NUM tokens & vesting quarterly.
Just imagine the possibilities with a 7800$ allocation... A mere x5 (somewhat realistic with presale prices) gives us +30K$ of PURE profit, which would mean an instant +10% profit on our whole portfolio of +200K$. Not bad, not rookie numbers. I used to work YEARS in my normie job for way less than that.
Seems that DAO Maker is going into sharingan mode this summer...
I've been thinking a lot about our HBD as an 'untouchable' anchor on our portfolio. It's yielding a 300$/m which is more than welcome, but I'm afraid to be forced to sell some of it to keep financing presales in the (improbable) case we have to face another big one/s.
Anyway, not a bad problem to have!
I keep applying buying pressure to the market, n and I'm more than proud of you stubborn diehard SEED hodlers.
APR in the beeswap pool is around 28% since I'm slowly suffocating the selling side (taking out my own liquidity, keeping the SEED, using the HBD to keep pushing the price up).
The price in the pool is now around 4$. While in the 'normal' market with thin order books of Hive-Engine there are no big selling orders at sight.
I thought about reaching 50K SEED (3,5K to go), but this is becoming an increasingly difficult task lol.
Current SEED Stats:
Circulating Supply: 100.000 tokens (full released)
@seed-treasury owned: 0
AUM Value (All assets): 215.000$
SEED BACKED Value: 215000/100000 = 2,15$ /SEED
215/9 = 23,8% MoM profit
We just started month 9, and seems that DAO is starting another uptrend :P
100% of blogging rewards paid to @seed-treasury.
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