LBI earnings and holding REPORT - #21

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 have been really good as we pulled in 2110 LEO. With the markets getting destroyed it's hard to guess what our earning will look like in 2-3 months from now. Around 45% of our weekly earning come in the form of HIVE so the LEO/HIVE ratio is an important number for our earnings. For the past year with HIVE increasing against LEO, our HIVE earnings have been very lucrative for us. With the markets looking like we are now confirmed to be in a bear market, I'd guess the price of HIVE will decline faster than LEO so the LEO/HIVE ratio will get closer to 1/1.

You can see below that HIVE content is our biggest earner thanks greatly to our new author @l337m45732 and his amazing NTF series that get some juicy HIVE votes. LEO curation comes in at 2nd highest earner and LEO content is 3rd. CUBlife got a lovely boost this week as some of its funds were invested into a non CUB farm and earnings increased 3x so that is good for LBI as it takes 10% of total harvests from CUBlife. On a hole, everything is looking good on the earnings said, LEO content could be higher but total earnings are still good so no complaints.

I went to start our HP power down but never factored in 2 delegations with we have for CUBlife and lbi-payments so it'll be next week I hope. After the next few months, we will see no growth in the HP balance as it is filtered out and converted into LEO, HBD,... Speaking of HBD, added another 50 this week bring us up to 250 locked away. Everything else has got smashed on hive-engine and our beeswap LP as well.

We all see what happening with CUB, with LEO and the whole markets. Everythings dollar value is dropping but because LBI's price is based on LEO, we are mostly not affected by this because when everything is down 20-30% in a week, our token price remains stable.

We've hit a new ATH LBI token price of 1.89 LEO per token.

It's been an ok week for LBI even with the markets being as they are. I would say the next 12-18 months are going to be challenging as we go further into the bear market, there's gonna be lots of news of crypto is dead (again) but we'll be building and preparing for the next bull run. We'll lose some users for sure as the action becomes dead but that's the nature of the game. Our non HIVE holdings have been preforming very well as a hedge against out LEO but things might even out over the next 6-12 months as we get back to "normal".

As I said, it's the start of bad times but we'll continue on. Our earnings are mostly not affected and bad times can be good times for buying. You can see from the price chart above, we are doing ok and growing slow and steady.

Thank you for reading through this week's LBI report, I hope you have a great weekend and dont get too wrecked.

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

Posted Using LeoFinance ^Beta