LBI earnings and holding REPORT - 2/05

Welcome to this weeks LBI token earnings and holding post

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.

Earnings this week are decent considering the market is crashing like crazy. Small problem with div's, they will be issued within the next 24 hours.

Going to take that liquid HIVE and convert it to swap.hive and then pair it off with some LEO to add increase our HIVE/LEO LP on beeswap which should in turn increase the amount of BXT we receive everyday.

Everything in our non HIVE holdings have dropped at the same rate as LEO. In a nutshell, the dollar value is down but the LEO value is the same so the LBI token price remains stable for now.

Another solid week behind us, we had a nice double payout day and that's help boast the div's a little. Thanks for taking the time to check out this post, have the weekened

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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