Hello, today let's talk SPI tokens being a fantastic alternative to holding STEEM POWER. We are all aware that to earn 15-20% per year from the STEEM blockchain, one is required to power up their STEEM and then they a bond to the 13-week power down which is plenty of time to miss a bull run. To bring investment earning opportunity and liquidity to STEEM, I came up with spinvest and it's investment club. All monies that come from SPI token sales are converted into STEEM POWER meaning that each token is 100% backed by STEEM POWER. spinvest uses that STEEM POWER balance to fill lease requests and take part in other projects to earn a targeted 20% per year.
SPI token holders have the best of both STEEM POWER (earning) and STEEM (liquid)
What is SteemPower Investments?
SteemPower Investments is an investment club set up on the STEEM blockchain that offers 2 levels of token holders
These are SPI token holders that buy purely as an investment knowing that the core SPI plan is solid and will produce good yields long term. Investors are token holders and have no requirement to take part in the running of SteemPower Investments.
Confirmed Club Members
Confirmed members are investors that have committed to the SPI partnership agreement. These members are hardcore into learning, building a community and helping to ensure that SPI earns to best returns. These members can take part in club voting which currently includes picking off-platform investments and how much. Confirmed members are also invited to the quarterly club meetings held on discord were future planning, policy changes and earning structures are discussed.
Both investors and club members make the same return and there is no monetary reward to being a confirmed member
How does SPI make money
SteemPower Investments uses all of the STEEM POWER that backs its SPI tokens to earn up to 20% per year. SteemPower Investments' primary source of income comes from filling on and off market lease requests, post payouts including tribe token and increasingly from spinvest-Leo which is a steemleo curation trial. They say the proof is in the pudding so instead of trying to explain, here is a table of weekly earnings from last week earning's report.
That might not make a lot of sense to you but if you focus on 2 numbers beside the icons. The first one shows that spinvest held 55,182 SP at that time. The second number shows that spinvest made 325 STEEM that week. We can divide the total amount earned by total SP held to get a weekly ROI percentage, if we then multiply that number by 52 we get the yearly ROI which 30.6% based on that week.
Here are a bunch of numbers and stats
|Total STEEM value of spinvest||61,839|
|Total STEEM POWER held by spinvest||60,007|
|Total number of SPI token holders||127|
|Total SPI tokens issued||54,297|
|Average weekly tokens issued from launch||3,393|
|Total STEEM collected form selling SPI tokens||59,486|
|Average STEEM collected weekly from launch||3,717|
|Total STEEM earned from STEEM POWER balance||2,073|
|Total off- steemit platform investments valued in STEEM||1,876|
How liquid is liquid?
The SPI token does ok for volume on the steem engine exchange, it ranges between 200-800 SPI tokens a day. I would say that anyone could cash out a few hundred SPI tokens in under a day, 1000 SPI tokens at a good price in under 3 days and a really good price 1-2 days. I'm not going lie and say if you buy 10,000 SPI tokens today, you'll be able to sell them all tomorrow. It might take a week are more to sell that many but it would certainly be a lot faster than waiting 13 weeks. The volume is increasing as time goes by and the SPI token is a top 30 token most days on the exchange in terms of volume ranking.
Below are steemconnect hotlinks that allow investors to buy SPI tokens directly from @spinvest. Each token is currently priced at 1.20 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.
5 SPI tokens - 6 STEEM
10 SPI tokens - 12 STEEM
25 SPI tokens - 30 STEEM
50 SPI tokens - 60 STEEM
100 SPI tokens - 120 STEEM
250 SPI tokens - 300 STEEM
500 SPI tokens - 600 STEEM
1000 SPI tokens - 1200 STEEM
2500 SPI tokens - 3000 STEEM
|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% buyback guarantee||Click HERE|
|SPI Club monthly Fiat to SPI token group buy||Click HERE|
All questions are welcome, please ask in the comments below