Posts

Leo Dividend Tokens?

avatar of @cwow2
25
Kris
@cwow2
·
0 views
·
2 min read

So its been a while since I have talked about a few tokens. I have also never talked about tokens which gives Leo tokens as a reward!

Some of these tokens payout a shit ton of other tokens which is good I guess? Depends on how you view it though, but there are also tokens which only pays out in Leo + Compounding (New feature)

So lets take a look at it!

CL (CubLife)

What is CUBLIFE? CUBLIFE (CL) in a nutshell is a hive-engine token dedicated to investing in CUBfinance that pays out weekly dividends in the form of LEO. All LEO/HIVE raised from monthly token issues is invested in CUBfinance. 50% of weekly harvests are converted to LEO and issued to CL token holders, 40% is reinvested back into the platform and 10% goes to LBI as an operators fee for maintaining and actively managing the wallet.

[Weekly report](https://peakd.com/hive-167922/@lbi-token/cublife-cl-weekly-report-29)

So by hodling liquid CL you will get Leo!
But you can also stake CL to get any more CL! Which is a new feature. Or you can do both, you can stake CL to get more CL, but also just hodl liquid CL to get Leo.

Now I do both, since it seems like a really good option. I have also been buying a few tokens off the market lately and I will properly continue to do so, more on that later.

  • CL is also part of the LBI system.

LBI (LeoBacked Investments)

What is LBI? The LeoBacked Investment (LBI) token is the first of its kind, the 1st token to be valued completely in LEO. Each LBI token represents a percentage ownership in the overall fund including all LEO, HIVE, off-chain and wallets operated by @lbi-token. The goal is to provide a community based and ran investment vehicle focused primarily on the LeoFinance community and LEO token. We provide a weekly LEO dividend payment to all token holders whilst also increasing the value of the LBI token slowly but consistently over the long term by only investing into things that will stand the test of time. LBI is a long term HODL token based on SPI's model. Because these tokens are backed and valued in their primary assets, the value only increases. Think of it as putting $1000 in the bank and earning interest. In theory, you should never have fewer dollars. The $1000 is the LEO you give us to buy your LBI token and the interest is the earnings we produce with that LEO.

[Weekly report](https://peakd.com/hive-167922/@lbi-token/lbi-earnings-and-holding-report-48)

LBI is a hybrid token. They aim to increase the value slowly over time but the community also voted on wanting some dividends sometime back, so now LBI pays out a portion of they LEO earnings on a weekly basis for hodlers, pretty sweet ^^ :D

I have started delegation to Leo.voter again to get some more Leo tokens. I will properly just convert them into CL or LBI tokens. I think the goal would be to have a least 100 of each of those tokens. LBI is a bit more expensive than CL currently, so I might go for CL first.

Also, I wouldn't might having 100 CL Staked and 100 CL liquid ^^