LBI earnings and holding REPORT - #47
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.
Earning are looking good this week, still floating around the 1900 LEO mark. CUBlife has being doing better for us the past few weeks. We'll prob launch staking for CL this week so that should help to increase total CL issued which more funds under management which means bigger weekly 10% commissions for LBI.
Im very happy to see the account consistently earning this amount.
The top chart is this week, the bottom chart is a total of over xx weeks.
Total earning to date or 68,971 LEO which gives a weekly average of 1467 LEO. I would throw a guess and say we'll finish this first year with LEO earnings of between 75-80k. 5 more paydays to find out.
Not much change here, a few extra LEO and a few more HIVE powered up. I will need to put those liquids to use but im not how yet. Stake it, convert it to bLEO or put it into something like easydefi. Not sure, I'd see to see the LEO increase because I'd consider converting it to something else.
We got airdrop for 3.31 Beeswap, staked them we'll see how much they produce for us. If they do good, we could buy some more. We'll see. Not much change with anything else.
Having problems with a few CUB kingdoms. The fees keep showing as 0.4 BNB to harvest, deposit or withdraw. I see the problem on the BTC/BNB, beltETH and 4belt kingdoms. Our BSC wallet is worth around the same as last week.
LBI token price Total assets worth in LEO 377,131 LEO
Total LBI tokens circulating 227,481
LBI token price - 1.62 LEO
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
