SEED Holdings Report #16 - What an amazing week! (+400K$)

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(Edited)

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Hi, it's Saturday morning and also the time to update, let's recap because this week has been full-packed with action.

  • Treasury over 400K$. Presales keep going in and dropping stable & high returns.
  • Sale of the remaining 3,5% of the SEED supply is going excellent! 60% already sold and counting (~1400 SEED remaining).
  • We're still in heavy need of 'floating' liquidity.

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As you can see the 'Protocol Controlled Value' section has been added. Expect a few changes in formatting in the next reports (didn't have the time to tweak it before, sorry, just noticed the colours don't coincide and the spaces are not adjusted.)

It's always nice to see the portfolio growing like this, we're still in need of stables and more liquidity to 'kill' a bit the volatility over time. It's our main focus now.

on the other hand, we almost left behind our 'full yolo into DAO' phase and currently, our DAO is worth 'only' 55% of the portfolio (last report it was 80%).

A few weeks more and we'll be in a much better position.

DAO locked for 180 days, more profits:

One of the reasons for the DAO increase in price has been the introduction of the venture yield. I won't explain the details and I'll only say it locks a massive amount of DAO tokens for a long time and adds a recurring buy.

I locked our DAO for 180 days, got surprised seeing that the average lock-up is 513 days (1,4 years!) lol. Moreover, over 50% of the circulating supply is locked. This only means a higher price for DAO long term. One of my best findings ever.

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Hungry for stables!

If you start counting, you'll see that in one way or another, over 300K$ of our project is virtually locked and highly dependent on DAO.

That means that all of our available funds (profits from presales, farms, etc) are going directly or indirectly into increasing our allocation of stablecoins. And reducing overall volatility.

Currently, the CUB/BUSD pool is my #1 priority (no other farm give you such and APR with that level of security) and HBD is the closest #2 with a very decent 10% APR backed by the HIVE blockchain.

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Unpopular Opinion: we need to calm down a bit.

SEED has been growing very fast and beat even my own expectations. We achieved in 4 months what In my humble opinion it would take +1 year to achieve.

Does it mean I'm a master trader or something? Far from it (trust me, I'm a noob in a lot of things). But I know perfectly what I'm doing and I always try to keep my feet on the ground.

This kind of growth isn't normal.

I would be perfectly 'OK' with a 400K$ portfolio floor for some time (a few months or so) while we keep adding presale allocations + increasing our exposure to stables. Also, it will give some time for our PCV to grow up a bit and to start buying&burning SEED off the market.

Remember that 'high expectations' are the best recipe for even 'greatest disappointments' and I wouldn't like to start getting shit from people because 'we're not mooning every other week' (It will happen sooner or later anyway, though).

What I'm trying to say is: 'Previous results are not a guarantee of future ones...'

We need to prepare for a potential bear market in 5-6 months seeing that we won't have (probably) a blow-off top on December/January. Hopefully, we get to a 30% portfolio into stables (currently at 10% if we transform all of our available funds) or so when the time comes.

That's some of my deep thoughts for today.

Current SEED Stats:

Circulating Supply: 100.000 tokens (full released)
Total Supply; 100.000 tokens (~1,4K left to be sold).

AUM Value (All assets): 422.000$

SEED TOTAL Value: 422000/100000 = 4,22$ /SEED (+422% since the beginning).

422/4 = 105,5% MoM profit

Thanks for all the support and displays of affection.

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@cmmemes is today's meme worth your respect sir?

100% of blogging rewards paid to @seed-treasury.
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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26 comments
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You know how I love stablecoins. I would love to see a bunch of then yielding for us. Good work buddy!

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Slow and steady wins the race. Major leaps forward are always beneficial but cannot keep traveling at Mach 1 for long. Sometimes have to get in the granny lane and cruise for a bit.

Smart move to try and add to the stablecoin collection. That will help to smooth things out while still generating a steady return.

Risk management is always paramount. Glad I added another 100+ SEED this week.

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I wouldn't worry about salty comments as you will get it anyway. Expectations and reality are two different things. There's a market for salty people, selling seed is always available. I trust your judgment, you're not a gambler (you wouldn't be where you are now if you'd be a gambler), so I know you'll do the right thing.

Thanks for the update and the work you do! Have a nice weekend! :)

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I am down with moving more reserves into stables. Things are crazy at the moment but having a good foundation of Stablecoins will mean that you can be more productive in the bear market.

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I still favor DAI and USDC. They can be used as a pitstop to accumulate small amounts and finally convert them to HBD.
Or they can be used on their own, some pretty reliable projects on BSC, Polygon, etc. do offer close to 10% on stables.

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Yes, your meme talents are good enough to meet my high shitposting standards :))

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SEED has been outperforming for a while I don't mind it calming down for a while.

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In bullrun up only. The rekt days are coming. I think stables are smart to lock in the profits to stay safu for overnight covid/ china/ no attention to crypto FUD.

IMO, we already hit a long time period people are talking about crypto and first in memes get rekt. Lets see where it end :)

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Have you seen the returns for the swap.HBD:swap.BUSD pool on BeeSwap?

I love CUB as well, but BXT is killing it and has bonuses for liquidity during this first month - emissions will be 1/5 of this amount after 4 weeks. This may bring it down to a more modest level, but these are levels unheard of for a double stable pool.

Let me know what you think!

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I did 't know the first month was bigger than other, looks like I'll need to put some things on that LP!
Thanks for sharing !

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Oh, this is amazing.

bridging in some liquidity ASAP

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First, do what you do, stick to the plan and don't put any pressure on yourself. I think most in here are for the long run.

One thing, do you make a backup of the holdings in case that Hive or Hive-Engine gets bust, not that it is probable to happen, but just in case?

!PIZZA & !BEER for a great week

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Gime me pizza too. !BRO

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Of course some !PIZZA for you, as I don't want you to starve, also some !BEER for your thirst.

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One thing, do you make a backup of the holdings in case that Hive or Hive-Engine gets bust, not that it is probable to happen, but just in case?

A plan is being worked out but I need to polish the last details. 4 SEED holders will be involved with that one.

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Ok, hit me up if you need some assistance.

Need to give @trumpman in the meantime some food as he is starving because of his gay shouting.

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(Edited)

PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@alexvan(1/10) tipped @trumpman (x1)
alexvan tipped empoderat (x1)

Join us in Discord!

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You "calm down" idea is making the earnings more secure. Not stopping them.
You're doing good job and anything above the 5% APR is really really great !

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someone snacks a lot of seed today.

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