LBI earnings and holding REPORT - #

Welcome to this weeks LBI token earnings and holding post

What is LBI? The LeoBacked Investment (LBI)LBI earnings and holding REPORT - 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.

Earnings this week are just under 2000 LEO in total so it's been a good week. We've seen the price of LEO increase 4 cents over the past 2-3 days which impacts out HIVE earning so if this trend continues and LEO joins in on the bullrun, we can expect LEO earning to drop a little over the next few months. If HIVE continues to outperform LEO, we'll see us stay are grow past this 2000 mark.

The top chart is this week, the bottom chart is a total of over 44 weeks.

Total earnings to date are 57,257 LEO giving a weekly average from the launch of 1302 LEO. With us earning closer to 2000 per week, we are crushing it.

After everything has been paid out, we are left with 300-350 LEO liquid and whatever HIVE power and HIVE we earned. Im in 2 minds overpowering our liquid LEO up are using to start building some sort of LEO/HIVE income token. 1600 LEO is about $400, not alot but enough to maybe get another 100 UTOPIS tokens. MUst of this liquid LEO was earned when LEO was 20-22 cents so we've already made 20-25% just from letting the balance grow a little.

Pulled in a few POB and SPS tokens this week and converted them to HIVEp. As you can see there are over 1000 LBI's held in this wallet, these LBI's are already in circulation, they are paid for already and i cant think what to do with them. Oh and @lbi-token is blacklisted from receiving div's so we're not earning LEO on these holdings. Would be cool to use them for some incentive, but for what im not sure.

Everything here has been performing while this week. BTC hit a new time high, BNB hit $500 again and ETH went over $4100. Both LEO and CUB are up as well so we are winning from every angle on our BSC wallet. I continue to reinvest harvests into the BTC/BNB kingdom. We've been building this for a while now, it's worth almost $3000 and im getting the feeling to start building up on the ETH/BNB kingdom. We'll see how the market our next week and how i feel at the time.

We've spent 4 weeks over the trend line so dropping back under is not a huge surprise. We can expect this trend to stay true for next while as we do spend most time under the trend line.

LBI token price Total assets worth in LEO 353,798 LEO

Total LBI tokens circulating 233,097.88

LBI token price - 1.51 LEO

We can see the result of LEO's price increase in the LBI token price. As the price of LEO increases, our off-platform and HIVE holdings become worth less LEO. This means that the LBI token price decrease's when valued in LEO but increases when valued in $.

It's been a great week for cryto in general so it's been a good week for us. We continue to do what we do and grow as fast as we can. Right now, it feels like alot of waiting about to grow balances to beable to do something but things will speed up soon enough, give it a 2-3 more years and the different will be night and day.

Thanks for taking to time to check out this weeks repot, have a great weekend.

Get LBI on LeoDex - https://leodex.io/market/LBI Get LBI on Hive-engine - https://hive-engine.com/?p=market&t=LBI

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