LBI earnings and holding REPORT - #14

in LeoFinancelast month

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Hello LBIer's, another week ahas come and gone. It's been another great week for us. We've been chipping away and building our stack and things are going good. Sadly we dropped to under 1000 earned LEO this week but can't complain too much with 980 LEO in earnings.

Some again this week, held of earnings have been powered up and the other half has been converted to bLEO to be put into an LP with BNB. These LP's are growing and now that CUB is releasing new "vaults", maybe the price will start to increase again. I dont see LBI getting involved with any Vaults as we dont have BTC so we'll keep an eye on this. Even if we did, I doubt we would pair it off against CUB in an LP. It's a very strange pairing in my opinion but what would I know.

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LBI token price

Total assets worth in LEO
244,622.02 LEO

Total LBI tokens circulating
220,050.

LBI token price - 1.11 LEO

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So there you have it, another pretty standard week with things going to plan nicely. Thank you for supporting LBI and checking out this week earning and holdings report.

Posted Using LeoFinance Beta

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Hi @silverstackeruk
I send yesterday evening 88.955 LEO to @lbi-token, but I didn't recived the LBI for it. Can you have a look on it?
Thanks

Posted Using LeoFinance Beta

I guess diminishing curation returns are only to be expected. The pool of writers, bloggers and curators grows, the reward pool doesn't.
In my own curating I see the same pattern. Each week a little less as the LEO available for rewards and curating gets spread put further and further. Which is a good thing, I think.

Posted using Dapplr

It all depends upon the amount of LEO staked. If that grows, our portion of the whole decreases.

If people start to unstake and use LEO for other purposes, we will see our rewards growing.

Posted Using LeoFinance Beta

That's a valid point.
Let's hope then the new LeoBridge causes a new round of unstakes to provide liquidity in both pools

Posted using Dapplr

If people start to unstake and use LEO for other purposes, we will see our rewards growing.

@lbi-token i see that happening soon especially with the new wonderful projects which are up...

Posted Using LeoFinance Beta

Great work ! Leo earnings should be on the increase because there are more sign ups ... New bloggers should be encouraged and engaged actively

Posted Using LeoFinance Beta

Great work. Less than 1k is still great. I think the amount of BRO gotten from CINE is still fairly small so I don't think we will see BRO as part of the holdings for a while. After BRO starts paying out, are you planning to just sell the dividends to buy back LEO?

Posted Using LeoFinance Beta

You will stop issuing LBI tokens when you reach 250.000 circulating tokens?

Posted Using LeoFinance Beta

We will see what the community feels. As long as people keep buying the token, it is only to the advantage of all since it adds more LEO into the pool that is used for increasing the return.

Posted Using LeoFinance Beta

Oh, I though it will be hard capped at that number.

Posted Using LeoFinance Beta

If I'm not mistaken, LBI price in Leo is up just a little bit. Small steps, but when great weekly gains like this continue it will inevitably lead to big profits for all

Posted Using LeoFinance Beta

The token price heads up every week since there is activity. There is roughly 1,000 LEO fed into LBI wallet. This adds to the value of the token.

Off chain holdings can affect that since they have to be converted to LEO but the on chain stuff is all priced in LEO.

Posted Using LeoFinance Beta

Token value only goes up as far as my math can tell me LOL

Posted Using LeoFinance Beta

Does this mean a price increase now that we're above the 1.1 Leo? Just curious. I'm not going to lie, I'm really looking forward to getting dividends. Hopefully LeoBridge works it's magic and PointBlank comes out and we can have a really strong base to pay from. I mean stronger than it is already.

Posted Using LeoFinance Beta

We would even get more Leo this week with hive rewards... let's pump it.

Posted Using LeoFinance Beta

Great financial results so far and steady growth is the name of the game. Wise investments, new use cases and simply putting the funds work for us is the way to go.

Posted Using LeoFinance Beta

Very nice! I wouldn't worry to much about the drop below 1000 in earned Leo for the week. It is close enough that we still have a lot to be happy about.

Posted Using LeoFinance Beta

Another great report! Things are looking good. :)

Posted Using LeoFinance Beta

Still good despite the drop below the 1k leo earnings. Subsequent week should compensate for this week drop. Great reporting once again

Posted Using LeoFinance Beta

@lbi-token what an awesome and well detailed report you have there...

Posted Using LeoFinance Beta

Thanks for the report as always!
Now we are in some kind of impasse... In 30 days this is going to get interesting. I'm still a bit concerned about the low liquidity of the token in Hive Engine, but that makes sense considering that a) Anyone can still buy tokens "in the source" and b) the project is still ridiculously young; so Is just a petty problem ;-)
1K LEO per week is 50,000 LEOs per year which is really impressive!

Posted Using LeoFinance Beta

Hi @silverstackeruk
I send yesterday evening 54.571 LEO to @lbi-token, but I didn't recived the LBI for it. Can you have a look on it?
Thanks

Posted Using LeoFinance Beta