It's been a slow couple of weeks in terms of pre-sales, but we're still building up in ant mode in preparation for upcoming weeks of apparently bullish price action. Time for a light update.
With BTC stabilizing above 30K$ , ETH clearing doubts about the recently deployed and hugely anticipated Shangai update and also stabilizing now around 2K$, mid and small caps should come after that. So let's see how it goes.
Decided to swing a bit our ORN position and sold 1/3 for DAO, HIVE, and BUSD. DAO and BUSD are sitting in our main account waiting for upcoming presales and all the HIVE has been staked on the @seed-cold account.
I've also added a bit to the HIVE-SEED pool (always in small increments).
Although I don't like being a bit of a rat, but today I'm making an exception and I've decided to undelegate our HIVE Power from OCD (sorry @acidyo) and I'll be giving it to leo.voter (at least for now).
I don't like the current LEO tokenomics since I believe giving away 16% APR to HIVE delegators is too much of a burden for the underlying token (but don't get me wrong) I will continue to take advantage of it as much as humanly possible. All the LEO rewards coming from the delegation will be dumped for more HIVE and HBD.
Let's show the usual snapshots:
The bar chart:
Also adding the chart with the tracking from the biweekly reports. +3616 HIVE and +83 HBD added.
And this is the Pool progress. +133 HIVE and -0,46 SEED. Although I'm buying SEED with HIVE, other people are arbitraging and dumping SEED on us as the price increases (easy for now due to the low liquidity). Nominal price of SEED there is 1,75$ at the time of writing this.
SEED getting scarce over time. I wonder if we will ever have a secondary market disconnected from the 'real' backed price. Guess it will have to come from my own efforts :)
Have a good weekend everyone.
Current SEED Stats
- Circulating supply: 100K (full released)
- Total value of AUM: 133476$
- Backed value of each SEED: 1,33$
- Backed value of each SEED discounting owned by @seed-cold (12K SEED): 1,51$ (133/88)
- Redeemable value of each SEED: 1,04$
50% of blogging rewards paid to @seed-treasury.
Remember you can follow the portfolio in real-time here:
https://cointracking.info/portfolio/seedtreasury
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