The SPI family. Check the Earnings and Holdings Report every Sunday on the @spinvest account.
Exclusive to Saturdays Savers Registered on the Savers Chart!
How Will It Work?
Members of the Saturday Savers Club will have exclusive access to 500 SPI through a forty-week subscription plan where they can buy 10, 20, 30, 40 or 50 SPI, paying for them each week.
This exclusive offer is open to accounts which are registered savers with the Saturday Savers Club and are on the Savers’ Chart which is published each week on the @eddie-earner account.
- Everyone on the Savers Chart will have the opportunity to buy up to 50 SPI, paying for them weekly.
- Everyone who wants to purchase 10 SPI will have the opportunity to do so.
If there are more than 50 Savers who want to take part the 500 SPI will be shared between them and the Plan will run for a shorter time. For example:
If 52 Savers want to take part, each one will be allocated 9 SPI and the Plan will run for 36 weeks. A decision about the remaining 8 SPI will be taken after all requests to take part in the Plan have been received.
- Each SPI is available at a fixed price of 6.00 HIVE with weekly recurring payments of 1.5 HIVE.
- Every four weeks, SPIs will be released to participants in the Savings Plan.
What Is SPI?
SPI is a growth token which is now in its sixth year of operation. The fund is managed by @silverstackeruk.
The original fund value was 13,000 USD in 2019 and was valued at 107,452 USD on Sunday 25 August 2024. The fund is hard-capped at 93,000 tokens.
The fund has over thirty investment streams with 68% in HIVE wallets, 11% in Hive-Engine wallets and 21% in off-Hive investments including non-crypto investments. The fund aims to grow by 20% each year. It has plans in place to take advantage of changes in the external environment including the HIVE:HBD and BITCOIN:HIVE ratios over the next eighteen months. The fund provides an earnings and holdings report each Sunday on the @spinvest account.
SPI pays a small dividend in HIVE each week, roughly equivalent to 9.6% APY, but this is not the main purpose of the investment fund.
SPI has a 95% buyback guarantee.
SPI is a long-term savings investment.
How to Sign Up for the Savings Plan
Leave a comment below saying whether you want to buy 10, 20, 30, 40 or 50 SPI by 23:59 UTC on Friday 20 September 2024.
Allocations will be announced on Sunday 22 September 2024.
The first payment will be due by Friday 27 September 2024, and for 39 weeks after that.
The last payment will due by Friday 4 July 2025.
A payments schedule will be issued when the allocations are announced.
Weekly payments will be:
1.5 HIVE for 10 SPI
3.00 HIVE for 20 SPI
4.50 HIVE for 30 SPI
6.00 HIVE for 40 SPI and
7.5 HIVE for 50 SPI
DO NOT SEND ANY HIVE UNTIL YOU HAVE CONFIRMATION OF YOUR SPI ALLOCATION.