LBI earnings and holding REPORT - #40

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 this week are as predicted from last week so all is good. We can see that LEO curation rewards have dropped off so im guessing there are more users staking and curating as the normal used to be around 1000 LEO week before we leased an extra 27k LEO POWER adding roughly 10% more to what we hold ourselves. The accounts voting power is always between 90%-98% so there's is nothing wrong on taskmaster4450's side, my guess is more people are curating and we've not really been powering up since dividends started. Speaking of dividends, 887 LEO were paid out this week. Been a average week for earnings, nothing wrong with that.

The top chart is this week, the bottom chart is a total of over 40 weeks.

Total LEO earnings to date or 57,257 giving us a weekly average from launch of 1431 LEO. If the price of LEO moons to 50 cent + again, we ca expect the amount of LEO we earn each week to decline because 25-30% of our income comes in the form of HIVE and if LEO moons, HIVE will be worth less LEO.

This week, I zeroed the liquid LEO balance to see exactly what amount of LEO we have leftover each week from earning 1800 LEO. You can see that 1800 turns into 287 because of our earnings on HIVE being powered up, paying out dividends and paying SPI to actively operate, manage and keep funds secure. For having 250k LEO, being left with 300 LEO per week is kinda poor from my POV. There is not alot we can do with that amount so we'll have to hope that our current off-platform investments provide us with growth and funding for other investments. It's working so far as we've locked away just under $3000 into kingdoms from our farming harvests. Oddly enough 300 LEO per week for a year at today's price is $3000. We've been invested into the kingdom for under 6 months so it's grown to show that the real growth of the fund of coming from off-platform.

This week, we earned a little SPS, POB and CTP and then sold the lot for HIVEp. Tempted to put in a buy order for more UTOPIS but i might hold off because i think the price of HIVE is going to increase over the next few months and their dividends will decrease a little because monies earned are in ETH and FIAT i believe. Not much change with this wallet this week.

Well, everything in crypto is down this week. Our worse hit were farms with kingdoms dropping a little. I'd expect not much to happen with the crypto market for the next 1-2 weeks as the newest crypto ban from China is forgot about. What happens next, if it goes down more are starts to plan again, i dont know. We'll diamond hand what we have and continue to invest our harvests into kingdoms.

Big jump this week is fund value. When LEO gets back to over 20 cents again, this is drop a little and that's ok because we're following the trend.

LBI token price Total assets worth in LEO 354,152.34 LEO

Total LBI tokens circulating 227,481

LBI token price - 1.56 LEO

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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