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
Those are some pretty impressive results you keep churning out, and I remain a fan because this is a kind of passive income that just minds its own business for me while you manage the business!
I have limited time available for this whole gig, but I am a firm believe in LeoFinance and what's coming down the pike in the future.
Have some cash being freed up in a couple of weeks, and getting some more LBI tokens is definitely on the short list of possibilities!
=^..^=
Posted Using LeoFinance Beta
Oh is the BNB fee issue common or is it just a bug?
Also is there a point in doing EasyDefi when you are already managing the funds here? I don't see how the APR there would be better than putting it into the CUB/BUSD pool yourself.
Posted Using LeoFinance Beta
Putting yourself there would definitely be more APR. But LBI comes with managing this and investing in other projects as well as they grow so if individually you are missing on something, They may not. So it's like a tradeoff and risk management. Also they claim and stake regularly which saves the time and also on gas fess for small users who want to try out this or want to just not spend time learning all that and leave that to @lbi-token.
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when will LBI celebrate 1 year of existence ? or did I miss it
Well this is the 47th report and there are 52 weeks in a year. So I am guessing we still have 5 weeks until 1 year has passed.
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duh, that was dumb of me :))))
https://peakd.com/hive-167922/@lbi-token/official-leobacked-investments-account-lbi-tokens
This is the first post from LBI account, and LBI started issueing tokens on December 7th, 2020. So no, we don't have another 5 weeks until 1 year has passed.
In fact ... tomorrow marks the first year of LBI if you consider that the first post was written exactly 1 year before.
Yes, staking CL, please.
An idea 💡
If you get this automated, we can issue new CL on weekly basis, while those sending Hivep or Leo to @cublife will have to wait till 21st as earlier. This might created another incentive to stake.
PS I'm going to stake all my CL + all CL that I manage till the end of the year
Hard to believe we are approaching a year already. 1.62 in the first year, not too bad. That is a 62% increase not counting dividends.
Slow and steady wins the race. Keep stacking them LEO, a lot going on with the project.
Posted Using LeoFinance Beta
I'm still investing more of the token and also staking more of it.
Posted Using LeoFinance Beta