HoneySaver Initial Report

in investing •  4 years ago 
HoneySaver is a private investment initiative started by @leoneil to help his circle of friends in Hive to provide returns of their idle token assets sitting in their accounts. The collective token put in the pool are then used to purchase tokens of value and participate in other revenue-generating streams. In return, their share earns an income equivalent of 15% (per annum) of the Hive amount that they put in.

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This is the initial reporting of the starting funds for HoneySaver. It will officially start tomorrow, 1st of January but as there are funds that are already been transferred, it was a business-as-usual to enable the HIVE tokens revolving across various investment opportunities. Currently, there is a total of 2,281.87200 HIVE invested into the system generating a monthly interest of around 29.794 HIVE.


There as the chart of the token holdings as of today. We have included February 2021 (though it won't display anything) just for the figures for January 2021 to show.

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The next chart below shows where the funds are distributed across different tokens. At present, majority of funds were invested in STEEM, as users had their STEEM holdings idle for quite some time since Hive blockchain has started.

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The main currency for HoneySaver Funds is the HIVE token. However, it is also important to know the current value of the funds in terms of US Dollars. The table below shows the present valuation of the significant token holdings of the fund.

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Honeysaver also has a target of 50% liquidity in case one of its members decided to pull out his/her funds within short notice. While most of its investments are for long-term holdings, the account is actively posting microblogs through D.buzz and also curating through @honeysaver.fund, its curation and funding account.

Currently, liquidity stands at three (3) percent of all the invested funds. We hope to increase it as we progress in the coming months.

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Thank you for your time. The funds may be operating privately but we hope that you will learn something from these regular updates that we intend to do on weekly basis.


"Don't look for the needle in the haystack. Just buy the haystack!" — John Bogle

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