The Greens' Steem Bank Weekly Report | June 19 - 27, 2021
Last week witnessed a significant drop in Steem investments and trade by Cameroonian steemians who trade with The Greens' Steem Bank due to the fall in the price of Steem and SBD.
However, the significant drop in the price of Steem and SBD was a perfect opportunity to invest in Steem and this explains why except for playing our Cameroon Steemit Njangi, we were able to use all our trade deals to purchase steem for power up as well as reward other Cameroonian Steemians powering up, via the Power Up Challenge.
The Power Up Challenge
Last week's Power Up Challenge organized by The Greens' Steem Bank in partnership with @steem-cameroon recorded 5 entries from 05 Cameroonian Steemians who powered up over 1000 Steem. As usual, The Greens Steem Bank rewarded 01 Steem for every 50 Steem powered up as can be read in the Power Up Challenge report: https://steemit.com/hive-195150/@thegreens/the-power-up-challenge-or-spud4steem-on-july-01-072021-and-win-or-powerup-report
@thegreens powered up 400Steem last week as you can read here; https://steemit.com/hive-195150/@thegreens/400-steem-powered-up-or-the-power-up-challenge
Bank deals
The fall in Steem and SBD prices made us to offer some very good deals for Cameroonian Steemians. One of the bank's goals is to offer Cameroonian steemians very good deals and this explains why last week during the price fall, the bank was buying at $5.5 per SBD instead of $4.81 and offering a 60% withdrawal discount. All the our trading deals for last week, were used to play the Cameroon Steemit Njangi and Shares Program as well as purchase Steem to prepare for #SPUD4Steem in July 01. This implies, we invested all the CFAF (local currency) we used the purchase into Steem since we didn't make any withdrawal.
The Greens' Steem Bank made 05 withdrawal deals that earned them over $30 in profits. 11 Steem from the profits was used to reward last week's Power Up Challenge Participants.
Below are some image reviews from some of our clients;
The Greens' Steem Bank didn't contract any loans last week but we are looking forward to giving out a few loans this week.
This week, we look forward to powering-up over 350 Steem as well as rewarding all Cameroonian Steemians who will power up on July 01, 2021.
Contests organized by @thegreens
You can participate in any of these contests organized by @thegreens
Now is the best time to invest in Steem!
CC:
@steemcurator01
@steemitblog
@fombae
@saxopedia
@njiatanga
The Greens is a grassroots environmental organization that strives to educate, inspire and engage young people to take action to combat climate change and be at the forefront of biodiversity conservation and waste management.
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