SteemPower Investments Club - Falling Dlease volume and earning percentages effect on SPI
Hello everyone, just wanted to drop a quick post to keep SPI club members/investors in the loop with how the leasing market is looking at the minute and what affects it has on @spinvest's earnings and the plan. Right now, @dlease is the biggest player in the game and over the past few days it's volume and percentage's have dropped and dropped big. In the short term, this is not a problem for us, let's have a look.
.
Steem powered investments @spinvest has been set up to offer an investment fund based on funding from STEEM POWER. Investments are funded through extracting value out of STEEM POWER and taking advantage of STEEM's high inflation rate. The aim is not to get rich quick; the aim is to build a safe portfolio of investments that will stand the test of time while insuring all investors starting capital is not at risk. Full details can be found here
Let's have a look at dlease
The screenshot below is no pretty picture. We can see that there are currently only 14 lease requests which is nothing and the highest request is paying 17.8% which is over 2% under our target. HF21/22 which added new post payout and curation rewards will be playing a big part in this. It is unlikely that the STEEM leasing market is dead and it was suggested pre HF21 by many that the cost of leasing would increase which is the opposite if what we are seeing.
@spinvest's account with dlease
Right now, we are earning 14.50 STEEM every day from dlease. Our next lease to expire is in 10 days. From our 20+ active leases, only 3 end within the next month with the rest lasting between 1 and 6 months giving us a nice passive income.
Now your thinking, what are we gonna do with all the STEEM POWER we collect from SPI token sales
Every good plan has a plan B and C
The dlease market is rubbish at the minute and it might take a few weeks to correct and get back to being stable. With the recent off market steem.leo deal, dlease was actually plan B atm so plan A is unchanged and is to use all STEEM POWER collected from SPI token sales will go towards filling an off market lease request from @steem.leo at a nice rate of 20.8% per year.
Off market right now we have 6250SP delegated to CSB which earns 25 STEEM and 5000SP off market to steem.leo which 20 STEEM. Off market leases are paid for on Sundays are now account for almost a 3rd of STEEM earned from the STEEM POWER balance.
As time goes by and the SPI club gains a larger amounts of STEEM POWER, off market leases will take over as top earner. Reason being, they are bigger, pay better ROI's for both parties and last longer.
So thats the update. Dlease market is not paying very well but the SPI club will keep earning it's target of 20%. I guess all those people that say "why buy SPI tokens when you can just power up your own account and delegate on dlease to do it yourself?" This is why you buy SPI tokens, cause while your earning 17%, SPI tokens are still earning over 20% on filling lease requests all day long.
All is good, thank you for taking the time to read this post.
Below are steemconnect hotlinks that allow investor's to buy SPI tokens directly from @spinvest. Each token is currently priced at 1.15 STEEM and beside each link is the true STEEM cost to reduce confusion. You can also send any amount directly to @spinvest and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.
| Information | URL Link |
|---|---|
| SteemPower Investments Introduction Post | Click HERE |
| SteemPower Investments Club Partnership Agreement | Click HERE |
| How to become a club member | Click HERE |
| How to convert SE tokens into SPI tokens | Click HERE |
| Join the SPI club Discord server | Click HERE |
| Join the SPI curation trail | Click HERE |
| What's best for the SPI Club? Centralized vs Decentralized | Click HERE |
| SPI tokens 95% buy back guarantee | Click HERE |
| SPI Club monthly Fiat to SPI token group buy | Click HERE |
All questions are welcome, please ask in the comments below
Thank you for the important clarification of what is going on with the leasing market on Steem. It is always good to have a plan A, B, and C. The fact that a deal was struck which mitigates this impact of the present Dlease market is very valuable.
There are going to be many opportunities this club uncovers that might not be available to individuals. Collectively, we have a "hivemind" that enables us to tap into the knowledge and experience of all our members. It only takes one idea the rest of us missed to take things to another level.
Plus, with size does come some benefits.
SPInvest is one of the early trailblazers for DeFi on Steem.
Get rich slowly is a sound, proven idea.
Very well put and you are correct. An account holding 500k SP holds more control of off market leasing rates compared with holding 50k SP. Bigger balance equals bigger status. More minds, more knowledge.
Whats a DeFi? sounds like a new teen drug craze
Decentralized Finance. Do you have a price schedule for this token? As I am reading through your Information Articles I notice the price has risen from 1 steem. I am interested in buying some SPI but I would like full information on the pricing schedule of the token.
I dont have a schedule. I did have one but sales came in to quickly and messed it up. The current plan is to compare the true value of each SPI token with what it's being sold every 25,000 issued and then find a middle ground to reprice.
The next pricing will happen when there are 50,000 token issued, with about 37,000 being issued now
Thank you for the explanation, I'm gping to move some things around and try to buy in for some more!
Thanks for the update.
welcome :)