SEED Holdings report #20 - I'm back!
Finally! has been a pretty boring 2 weeks in terms of crypto development... plus all the holidays, the Christmas lights, Covid, and all that stuff... aww, sometimes I feel I'm getting old for some things that I see in my day-to-day life. Every day that passes I'm feeling more & more disconnected from reality.
This is 'the metaverse'? ...
I'm the only one feeling that the world is becoming crazy? Dark times are ahead for the legacy economies.
Anyway, that's not the matter for today. I haven't posted anything for over 2 weeks and I think the most needed thing now is an update on our holdings. We're in the middle of a nasty dump of BTC (41,5K$ while I'm writing this) and the rest of the market is suffering. I expected SEED to manage these dips much worse than it's doing right now, tbh.
I've been waiting a bit in purpose since we didn't have any presale for the Christmas period (to be expected IMHO) and today joined the first one, so the machine is also waking up! A few things to comment on:
- DAO dominance
- CUB falling
- Focus on solid alts & stablecoins
- HBD/SEED Pool.
DAO Maker unlocks, CUB & current focus
DAO keeps itself as the lion's share of SEED's portfolio. Accounting right now for a 65%. I keep fighting to increase our available liquidity. But at this stage is simply not possible yet. We need a few unlocks of locked tokens first. By the end of march (so along Q1), we'll have around 20K$ unlocked (at today's prices). Can't wait to keep loading on HBD to help solidify our position.
As a kind of 'bad news', mention that CUB is trading right now at 0,29$ and it's being a tough hold. The good part is the LP is helping us to mitigate the pain (and loading a shit-ton of CUB in the process). Franky I wasn't expecting CUB to dip below 0,4$ seeing at 0,29$ it's a big pain and a pity. Hopefully the Polycub airdrop and following IDO's help to burn a lot of CUB at current prices.
On the other hand, I exchanged our BTCB for ORN the other day. I've been a long-term holder for this coin and it's one of my alt's of preference. We're also accumulating HIVE slowly through curation. But the main focus is still HBD.
HBD-SEED Diesel Pool
Regarding the Diesel pool which started working before Christmas, I can't emphasize enough how happy I'm regarding using HBD as the pairing asset vs SEED.
From our PCV rewards + Savings payment, the @seed-treasury account managed to grab around 200 SEED from the market. And 150 of them are paired with around 500 HBD.
I'm adding some liquidity on my own to provide a viable liquidity solution Vs the regular market where the spreads are gigantic. Expect the liquidity to deep progressively.
Current SEED Stats:
Circulating Supply: 100.000 tokens (full released)
@seed-treasury owned: 187 (0,187%).
AUM Value (All assets): 334.000$
SEED TOTAL Value: 334000/100000 = 3,34$ /SEED (+334% since the beginning).
334/6 = 55,6% MoM profit
I've decided to start grouping the weeks in months for a clear view. We're holding strong above the 300K$ mark. If you ask me, I'm pretty ok with that. Let's allow the profits to come us, not the other way around. Overall we're in a great position for 2022.
Enjoy your weekend :)
70% of blogging rewards paid to @seed-treasury.
10% blogging rewards to @donchate because I have a good memory.
10% to @alexvan for his overall support and calling me brian (or something).
10% to @bozz for being a great lbi-gov partner and saving my writing responsibilities a few times (same applies to alex).
Remember you can follow the portfolio in real-time here:
https://cointracking.info/portfolio/seedtreasury
You can join us on Telegram and follow me on Twitter.
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Well, everything seems to be rather well, actually.
Imo, we should temporary detach ourselves from the assets' value in USD terms. I.e. it's not important now how much USD the AUM is, it's more important to accumulate "high-quality tokens". Also it seems kinda late to go into stablecoins. Dumps are times to buy, not to sell, roughly.
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How long have u been there sir? Do you know what a REAL bear market is? :)
BTC -75% I'd expect.
But anyway, it's already a bit too late to sell now, imo.
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No! You are not the only one who believes that the world is going crazy, it is going crazy but we have no other to go to. So let's sail into madness.
!LOLZ
lolztoken.com
You could say he had a change of heart.
@empoderat, I sent you an $LOLZ on behalf of @yeckingo1
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (1/8)
thx for the lolz !
Thanks for the update. I am sorry if I missed it. Are there any rewards for pooling HBD and SEED right now? I'd throw some in that pool since I am not doing the SWAP.HIVE/SEED pool anymore.
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Yep, there's some rewards in HBD for pooling, but currently they're not my priority. I prefer to deep the pool first. Rewards will come later from 'organic' yields.
We have to take the good with the bad. Easy to get excited when markets are green and money is rolling in. The true test comes from weathering the down times.
Just keep adding to the holdings, even if the values are reduced. The next run up will put us in a better position.
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SLow and steady wins the race sir. Keep rocking task!
Seed is scam confirmed
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Always has been.
No Christmas/New Year's meme ? I could say my day is ruined but I'll try something different this time :)
Ooooh, sorry sir. Meme soon.
U have to think that most of SEED holders are 'serious' investors and don't want reports full of memes. One occasionally is oke though.
Holy crap! What kind of tokens are you investing in as KAKA in my language means 💩🤣😂
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And its brown on the pie chart 😅
It's dark purple on my screen :))
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It also means sh!t in my language. Dunno, I don't choose the name of the token.
I only know I invested 500$, take out 1400$ and the rest of tokens are pure profit. Feel free to call them ''KAKA profits''
I know that feeling. Special with all that wild things go up around the world.
Let's hope we see some green days and success of polycub :)
The plays getting tough in terms of trading. I have also some plays I want to hold, but what if ...
you know :)
I know I know. However, I refuse to think that a SEVERE bear market will start in these conditions. We have another leg up IMHO.
I have no doubt that the Seed germinated and thrived. 😎
It's growing nicely!
The situation is absolutely tranquility. HBD is a great opportunity and certainty, in the future it could be even more advantageous ☺️
thx claudio. Working on it :)
@tipu curate
Upvoted 👌 (Mana: 3/63) Liquid rewards.
Oh so you are buying back some of the SEED off the market and increasing the liquidity? I think that makes a lot of sense and you can probably scoop up some cheap SEED when people dump. Or do you have to take the market buy price because nobody sells?
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Yep, exactly what I'm doing.
Every SEED which the treasury account buys will be locked into the liquidity pool for a long time (or at least this is my intention).
Giving liquidity to in/out for everyone.
Thank you! Yes, something like that, Brian from life of Brian :)
Glad that you did not do the rug pull yet, so that Mr. T can ask on every post about it. :)
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You don't need to believe me, but HIVE is a intrinsic part of my life now.
I can't sell (all) my HIVE (I know bcz I tried), Even less scam 'my' community.
Ofc we're all here to make money. But the bonds which we make here are even important (if not more). Have a great weekend alex.
Ps. Look! Some whale curators are giving u rewards! lol haejin and ranchorelaxo
For this last Christmas, almost all the tokens are on bearish trend. We are waiting for those token to be in bullish trend again.
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Glad you still around and kicking lol. Quiet times are also good as we/you are doing well. HBD is a decent safe haven and I think many are doing the same thing these days. March hopefully the markets will be different and more opportunities will appear.
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I refuse to accept we're in a bear market. We're being (tried to) shaken out.
Ok, jokes aside, this is the best investment of 2021 on the chain, besides accumulating HIVE and HBD. My gratitude will hunt you forever 💰
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Thank you erikah :)
Hola, es verdad pero tengamos en cuenta todo principio o comienzo tiene un fin, quizás todo esto que pasa será para un mejor porvenir, te dejo mi voto y te sigo, saludos.
Las personas habitualmente necesitamos encasillar las cosas y 'creer' que no cambiarán, lo verdaderamente difícil es saber adaptarnos.
Ten un buen día.
Looks like I misunderstood something, I was sure putting some HBD:Seed liquidity would give some seed in LP rewards :")
You juste made me realize that CUB is really really low ! I hope the next IDO and updates will help it to come back at a higher price 🤔
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No SEED rewards only (low for now) some HBD rewards for LP providing
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Thanks for the update.
I share your disappointment with the Cub price:
I must admit I am a bit of a Cubophile, and see this as a buying opportunity. I expect great things in the coming year after Polycub, the second IDO, project blank and more excitement from Splinterlands.
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