Hello and welcome to the Saturday Savers Club. The Club continues in its fourth year with an awesome number of 59 members who have signed up with their savings and investment goals. With the assistance of @shanibeer, Club members share ideas on Saturdays over on @eddie-earner's account. Being accountable to other members helps to become more disciplined in your savings approach.
For me, June signaled the beginning of the summer season offline. It also rolled up online the end of my six months of 2024 in the Club.
Below is the 6-month review of my Club activities:
Hive Power
In June, I added 396.291 HP toward my goal. Through my diligent publishing of quality content, I was able to earn approximately 2,675.107 Hive Power in six months. This substantial increase pushed my total Hive Power to 24,597.832 as of June 30th. Under 450 HP remain to reach my goal, hopefully by the end of the 3rd quarter.
| Goal | May Balance | Increase | June Balance |
|---|---|---|---|
| 25,000 | 24,221.505 | +396.291 | 24,597.832 |
HBD
As of June 25th, my HBD savings totaled 150. I made an investment decision to liquidate all I'd earned in the past six months by swapping it for liquid Hive at 4 times the conversion rate. Moving it offsite, I invested in crypto and offline personal projects. I started fresh on July 1st and will continue until year end. I noted that several witnesses floated and argued for a reduction in the HBD 20% APR. After push back, those witnessed reset the APR to 20%. I'll keep an eye on this issue going forward.
| Goal | May Balance | Increase | June Balance |
|---|---|---|---|
| 500 | 130.894 | +25.00 | 155.894 |
| 155.894 | -155.894 | 0.000 | |
| 0.000 | +14.938 | 14.938 |
DRIP
According to @hivedrip, DRIP is a crypto-coin on the HIVE blockchain that invests in GameFI projects, which are projects that combine gaming with blockchain technology. The developers believe that gaming is predicted to be one of the top growth areas in all of crypto over the next 5-10 years.
By becoming a DRIP holder, @hivedrip promised that:
their team will generate value for the passive holder in two ways: (i) pay a daily dividend for holding DRIP; and (ii) reinvest the remainder of the profits in additional projects to increase their assets.
they will pay out Swap.Hive every single day at 12:30 AM UTC and plan to increase the payout per DRIP coin held each month. They will also reward .25% of staked DRIP tokens in liquid DRIP coins daily at that time as well.
@hivedrip states that this is a 149% APY. Coins paid out are liquid so holders should stake them daily in order to keep compounding their rewards.
I held a small amount of DRIP, so purchased additional amount a few days ago, then used them to add to a liquidity pool.
Liquidity Pools
A diesel pool is a holding place where two tokens are paired together. These pairs provide liquidity to investors who want to swap between the two tokens. The two tokens are paired at a 50:50 ratio, initially calculated based on the market price of the tokens at the time of adding to the diesel pool.
After investing late last year, I now have eight liquidity pool positions in my portfolio, having added the latest one a few days ago. The pairing is SWAP.Hive to DRIP.
SPI's New 25,000 Subscription Plan
Don't forget. If you like the SPI token, you have until August to get in on the new SPI 25K Subscription Plan. The second subscription plan will launch in August. Applications will be open for a month, and the plan will start in September.
The subscription is exclusive to Saturday Savers Club members who are registered on the Savers Chart on the weekly Saturday Club post. I will participate in this second SPI subscription plan. Visit We've bought back 2500 SPI | Let's look at our options if you're interested.
SPI's Current Subscription Savings Plan
I received my SPI Subscription Savings Plan Payouts No 1; 2; 3; and 4. The next payout is scheduled to occur on July 28th. This exclusive sale of SPI is to Saturday Saver Club members only who are registered on the Savers Chart on the weekly Saturday Savers Club post. Members' purchases will be released to them monthly in 10 installments. SPI is a growth token which is now in its fifth year. The fund is managed by @silverstackeruk and pays a small weekly dividend approximately 9.6%. The fund expects to grow at least by 20% this year with over 30 investment streams.
| Goal | May Balance | Increase | June Balance | |
|---|---|---|---|---|
| 300 | 22.51 | +3.00 | 25.51 |
EDSD
HBD-backed EDS is a growth Token. I try to invest weekly if possible. @eddie-earner states that the EDSD Token will be its last one released. The token is pegged and backed to 1 HBD each with unlimited mintage. The token will earn 50% of HBD interest as EDS tokens each week. This token is completely passive. Investment is made by transferring HBD to the @eds-d account. If you'd like to learn more, visit: HBD Backed EDS tokens | EDSD Weekly Updates and Charts #025.
| Goal | May Balance | Increase | June Balance | ||
|---|---|---|---|---|---|
| EDSD | 500 | 133 | +2 | 135 | Slow progress on this one. |
XV
Only 47 weeks left in this investment. Spinvest's XV Token touted a groundbreaking Hive investment opportunity. Investors, including myself, purchased XV tokens during a 10-week sale and became owners in a diversified portfolio of carefully selected top-ranked cryptocurrencies. SPinvest manages the portfolio and provides weekly updates XV Token Weekly Update | 47 Weeks Remaining. After the remaining 52 weeks, holders can sell their XV tokens back to SPinvest. The XV Token provides a simple way to participate in the crypto market.
EDS-Vote
Eds-vote is an account that people can delegate HIVE POWER to. I continue my commitment to delegate 2,500 HP. Currently, @eds-vote is minting weekly over 250+ EDS for its delegators.
In return for my delegation, I receive EDS tokens each Monday. The delegated HP will be used to curate content on HIVE, including members of the Saturday Savers CLub, and provide small upvotes for those that hold over 100 EDS tokens.
Reminder: delegating HIVE POWER to @eds-vote will not result in an upvote. This is not a delegation to upvote service. It is a way to distribute the remaining reallocated EDS into circulation. If you'd like to learn more about @eds-vote, visit here: EDSvote update #62 | Now minting 250+ EDS per week!.
Reminder! @eds-vote has a curation trail you can follow should you desire to support individuals who produce quality content on their Hive journey.
EDS
EDS tokens are HIVE income tokens that are pegged to 1 HIVE per token and pays out weekly dividends every Monday based on 12% of the total power up the balance of the @eddie-earner account. This is currently paying out an APY to token holders of over 25%. If you'd like more information, visit: EDS income token weekly report - 129.
| Goal | May Balance | Increase | June Balance | |
|---|---|---|---|---|
| 500 | 426.54 | +28.67 | 484.17 | Will reach my goal in July. |
Saturday Savers Club Savers of the Week
Saturday Savers Club "Savers of the Week" is an awesome initiative. Each week @hoosie, writing on behalf of the @eddie-earner account, works diligently to choose four great posts from the Saturday Savers Club members. He then highlights them to the Hive platform. The weekly nominations receive awesome rewards for their hard work.
Recently, I became a sponsor of the initiative in rewarding members who are nominated with a small prize and Tip on their savings progress reports. It's a pleasure to assist in this program, and I hope to be able to continue through year-end.
I also participate in the following projects:
- delegate hive power Communities and projects;
- lease Hive power to members;
- participate in @combination weekly drawings for the charity it manages;
- delegate to various curation accounts;
We're currently in Week 26 of the Club. Check out all Club news and events and view the total Hive members with their goals for 2024 who have joined:
SOURCES:
a) JustClickindiva's Footer created in Canva utilizing its free background and images used with permission from discord admins.
b) Unless otherwise noted, all photos taken by me with my (i) Samsung Galaxy 10" Tablet, (ii) Samsung Phone, & (iii) FUJI FinePix S3380 - 14 Mega Pixels Digital Camera
c) Purple Butterfly part of purchased set of Spiritual Clip Art for my Personal Use
d) All Community logos, banners, page dividers used with permission of Discord Channel admins.
e) Ladies of Hive banner used with permission of and in accordance with the admin's guidelines
f) Thumbnail Image created by me in Canva.
g) "Flames." What is Apophysis 2.09. https://flam3.com/