Hello, SPIer's. Today is Sunday and we end the SPI week with our weekly dividend payment this evening and every Sunday at 21.00 GMT.
What is SPI?
SPI tokens are growth investment tokens that pay a weekly dividend. They have been circulating for over 2 years, on STEEMHIVE. Mostly sold for 1 HIVE, each token today is worth over 4 times its HIVE issue value and 12x its dollar value. On top of that, token holders receive roughly 8% more SPI's every year from weekly dividends. We raised $13k from issuing SPI tokens for the first year which has been used to grow a diverse portfolio of investments, many of which provide streams of passive incomes. SPI tokens are part ownership of all SPinvest tokens/accounts, assets and income. The price of each SPI token is its liquidation value as SPI tokens are 100% backed by holdings. Handcapped to roughly 94,000, no more can be minted are issued. Adding, hold and compounding has us on the road to major growth and these tokens are still growing in value.
SPI tokens are part ownership in an actively managed fund. We have our hands in over 20 investments with the lion share being HIVE, BTC & ETH. We dont FOMO are chase pipe dreams. Tried and tested works best and is safest. Our motto is "Get rich slowly" and compounding down on sound investments is our game. You should invest in SPI tokens with the mindset of not selling for 3-5 years minimum. Let's have a look at this week's on-chain HIVE earnings.
Anotehr decent week of earnings this week, the account was able to get out a post everyday and we collected up good content rewards. JK's contribution was 100 HIVE as always and leasing rewards have been consistent as always as well.
All in all a good week, long gone are the days when we were earning over 1000 HIVE worth of LEO each week. What token on HIVE will explode next?
Our HP balances are growing nicely, from inflation alone, we add nearly 6000 HP per year through SPI and EDS HP balances. Our HBD balance is still growing as well, i do plan to convert this all into HIVE sometime but i dont think it'll be for a few more months. It's ok earning and compounding down at 20%, we're collecting around 170 HBD each month as interest payments.
Not any changes on hive-engine for us this week. Someone sold back a few hundred SPI tokens so we have some extra this week. This was funded from our BUSD balance on BSC.
We have got off to a good start with our DOGE and ADA holdings. I'd like to buy another $500 of DOGE and im on the fence for another $500 in ADA. I have been thinking of how to best allocate the last of our BUSD and it think the best thing would be to put it into our new token XV. It's actually perfect for SPI and will gives us exposure to 15 cryptos.
EMP has been on the repair the past 2 weeks and is doing better. We will continue to hold here because we have little to lose as we're sitting on profits already and if it can ever get back to its peg, we'll make a tidy ETH profit from it.
Market has gone sorta sideays this week so not alot has been happening. We are pumping out more content so we're getting more eyes on SPI but im seeing that EDS is very popular and i might focus some energy on that for the next few weeks as its launches its new EDS token distribution plan.
Dividends should have already been sent out so enjoy those and have the great week folk
| 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 mini miners | @eddie-earner | EDSM |
| EDS micro miners | @eddie-earner | EDSMM |
| CUBlife | @lbi-token | CL |
Stay up to date with investments, fund stats and find out more about SPinvest in our discord server
Thank you for taking the time to read through this weeks SPI earnings and holding report. We post every Sunday to keep our investors up to date so please follow the account if you would like to track our progress.
Just want to know, what do to make more from the spi token am holding
Posted Using LeoFinance Beta
SPI are growth tokens so the only thing you can do with them is HODL. There no staking are something
So it increases by holding, like their are divedend attached to just holding alone
Interesting. How do you invest in SP500? There are DeFi platform that allows this? Maybe a token?
Also, how do I know if I'm receiving dividends?
I invested into the sp500 through etoro
Why would you get dividends? You dont own any tokens.
That's because I just moved my tokens to another account but I had 100 tokens until yesterday in this account, now they are in @jmsansan.