Your chance to accumulate cheap LBI

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(Edited)

Your chance to accumulate cheap LBI.

Direct from the desk of Dane Williams.



If you're looking to accumulate cheap LBI tokens, now may be your best chance.

Have you been watching the Leo Backed Investments (LBI) project and feel you have maybe missed the boat?

Spoiler alert, you haven't.

What is Leo Backed Investments (LBI)?

LBI is an investment fund denominated in LEO with the goal of offering exposure to all of the various earning opportunities across the Leoverse.

At launch, LBI sold shares in the fund, denominated in LEO, at a 1:1 price ratio.

But as the fund grows and reinvests a portion of its substantial earnings, the true price of the LBI token is no longer 1:1 with LEO.

Just going by the last LBI earnings report, you can see that the true value of the LBI token is actually 1.62 LEO:

LBI Token Numbers chart.

With this pricing, different participants in the market can now start to find various short and long term opportunities that work for them.

Your opportunity to buy cheap LBI

You see, the Leo DEX actually prices the extremely illiquid LBI tokens in HIVE rather than LEO.

Thus ensuring that there is always going to be a disconnect or lag from the true value of a token that is meant to be denominated in LEO.

This offers opportunity for numerous participants:

  • Long term investors in the LBI fund: Means they can often pick up LBI at a 1:1 price with LEO.
  • Short term traders: Means they can provide liquidity to an illiquid market that allows holders to dump their tokens for an instant payout and then sell them directly back to long term investors on the cheap.

With a scenario that benefits each, currently playing out right in front of our eyes.

Just take a look at the LBI order book:

The LBI order book.

What we have here is a savvy trader who has identified the short term opportunity to accumulate cheap LBI from people looking to dump at any price and then sell to long term investors who are buying for the fund itself.

So now take a look at the LEO order book:

The LEO order book.

Yep, even though the true value of the LBI token is priced at 1.62 LEO, you can see LEO is actually priced at less than 1:1 to LBI on the market itself.

This is not as crazy as it seems

While this might seem crazy on the surface, it's actually a perfect example of a healthy market at work.

After all, each participant has different goals or viewpoints and as a result, we are more healthy overall.

  1. Whoever is dumping their LBI for cheap is happy because they instantly receive HIVE.

  2. The short term trader is happy because they can then instantly sell that cheap LBI for a profit.

  3. And finally the long term investor is happy because they are accumulating LBI tokens at a 50% discount to their true value.

A win/win/win for everyone involved and a reminder that a liquid market is always better than its illiquid counterpart.

Are you buying any of that cheap LBI?

Best of probabilities to you.

Update 1:
Well that didn't last long.

Someone came in and scooped up over 2K in the one go:

LBI trade history.

But lucky for you, this seller is motivated and has put up another 4.5K LBI:

The LBI order book.

It's a little higher, but still cheaper than LEO itself.

Wild.

Update 2:

Well, that didn't last long.

Again, all scooped up in the one hit:

LBI trade history 2.

Everybody wins :)

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hive-167922 lbi hive hive-engine crypto hivehustlers ctp cent neoxian vyb pob leofinance
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18 comments
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Just got some more... The slogan is "Get Rich Slowly...Fast". As you say, the market is not very liquid so if you're buying for a trade, now is a great time, although you're still going to have to have some patience to get out of it at a profit. But, as you said, the price is so low, you've got a lot of wiggle room.

But honestly, if you're looking to be in a great investment vehicle for the next 3-5 years or even longer, there will likely never be a better time to accumulate some than now. Like I said above, I own a good chunk and I just bought some more. 1.62 selling for less than 1.00?! Thank you very much!

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There's certainly never been a better time to accumulate LBI than now.

You're even getting them at a discount to the initial 1:1 launch price.

Wild.

If you believe in the long term future of the Leoverse then gaining exposure to everything via the LBI fund is a smart play.

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Who can be happy selling for 50% of the purchasing price?

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Exactly, it seems crazy on the surface.

Maybe people were happy to instantly dump their Hive-Engine tokens for whatever price they could get before the airdrop snapshot?

Who knows.

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Another token that has risen significantly is the BRO, worth more than $3.00.

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I'd just rather be in LBI because their investment focus is within LeoFinance related projects.

This is where I see the most potential.

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It seems I have missed the run. Hope there will be more of these opprotunities in future :)
!PIZZA !LUV

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To be fair, there are still people selling for cheaper than what the true price of each token (backed by the fund itself) is worth.

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That's really nice to know 👍
Thanks for the info 😃
!PIZZA

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The LeoFinance ecosystem is very diverse and interesting. But, so far, I have accumulated only some LEO tokens. Probably, I should analyze the other LeoFinance tokens as well.

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See... that's exactly what I meant when I wrote my last post about keeping liquidity if I had a bunch of liquid HIVE I could make some investments here.

Thanks for the examples.

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