A couple of months ago now, I posted regarding relaunching LBI, with myself taking over as the main admin of the project. That post was well received, and most commentors felt the move was a good one. Since then I have taken some of the feedback on board, looked at our options and firmed up my plans for the fund moving forward.

LBI launched as a token with a similar structure to SPI, basically a pooled investment token, with a focus on the "Leofinance" ecosystem as it was known at the time (now branded as Inleo). Over time, it has diversified and invested in other crypto's off-chain, paused dividends to focus on growth, and experienced some stagnation.

This year, I have set some fairly ambitious goals for my progress here on HIVE. Rebuilding my Hive Power, growing a passive income wallet, and building a savings fund in the form of $EDSD. Having historically been weak at setting and methodically working towards goals, I am trying to post weekly updates on my progress. The main reason for this is to keep myself personally accountable. It may also be of interest to others to see what tokens and methods I am using to build these positions.

Edit: i accidentally posted this from the wrong account - should have been from @spinvest-leo. Apologies for the mix-up. I will leave it as is now - no point in re-posting it. Welcome to this weeks update from the @spinvest-leo account. This wallet manages a small portion of the overall @spinvest fund, and sends HIVE back to @spinvest each week to contribute to the pool of funds for dividends. This wallet is managed by @jk6276. The main focus of this account is to generate yield to contribute to the weekly dividends for holders of SPI tokens. 50% of the income generated each week is sent to @spinvest to contribute to the weekly dividend. Primary holdings are positions in SPS liquidity pools, other BeeSwap pools, along with some Hive engine based investments.

Celestia has been a big hit, taking the Cosmos eco-system along with the rest of crypto by storm. It's token was launched not too long ago, via an airdrop with a very short claim window (one week). Many missed out, but those that didn't had their allocations scaled up with all the unclaimed amounts. Since the airdrop, it has been pretty much up only for $TIA.

G'Day everyone. With the intention of staying accountable for the goals I have set for 2024, I will try and produce an update each Friday (here in Australia, will be Thursday for most of you) on how I have gone for the week with regard to my main #saturdaysavers goals, along with other progress in crypto.