BYT Back: Reward Distribution Done for 20 March 2023

This week's reward distribution has been done. Payouts in SWAP.BLURT and SPS and SIM.

Early again, but as I've said, makes no real difference now. As I am no longer calculating weekly profits, the most important thing is that the ABV is accurate - the timing is not so crucial now.

SWAP.HIVE per 100 BYT Payout = 2.296

Cumulative Payouts = 109.80 HIVE/100BYT (81 weeks)
ROI estimate = 142.6% (81 weeks)

BYT ABV: 0.328 HIVE (before distro) - 0.305 (after distro)(0.130 USD)

Actual payouts were 32,000 SWAP.BLURT plus 3,400 SPS plus 300k SIM.

Buybacks will be in range of 0.29-0.30 HIVE, or best values given market prices.
As always, is a good idea to pay attention to market trades. Do note that sometimes the price increases, but that's very much up to members to take advantage of that.

Notice that, although BLURT has done a small dump this week, this has affected BYT only marginally. Indeed, the rise in HIVE means that one BYT is worth more in USD now than last week - up about 15%.

Some new tokens this week, which hopefully the gamers will enjoy. Both SPS and SIM have been profitable holdings for the fund, and both have high liquidity and high pool TVLs, so I don't think these distributions will negatively impact those markets.

The projected ROI has held firm at about 142%. As always, this final month will depend on market rates, and I shall be liquidating holdings if any further price spikes appear. One more distro next weekend, then we release the final buyback price. It will obviously be far higher than the original target of 0.1-0.2 HIVE, but that's fine; the winding down process has achieved its aims, so can make this final phase as simple as possible.

Full post will come in a few hours. As usual, this brief post sets a timestamp for the distribution.

Any BYT token purchases made after this distribution will receive rewards next week.