LBI earnings and holding REPORT - #18

in LeoFinance2 months ago

Authored by @silverstackeruk

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Hello LBIer's, the crypto market has crapped itself this week but it means little to us as we've smashed last weeks earnings and had the best week we've ever had. We've been doing well with everything we are involved with and this is reflected in the LBI token price.

Before we get into this weeks report, don't forget that LBI tokens will be hard-capped on the 7th of May. You can get LBI tokens directly by sending any amount of LEO to @lbi-token, tokens priced at 1.20 until hardcap.

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Dont ask how but we had a double LEO payout day yesterday so this week earning are even higher than last weeks. You can see that curation is killing it, this is a result of a few things all working together. 1/ We've continued to power up LEO every week and grown our curating balance. 2/ Taskmaster4450 is doing a great job at keeping the VP of the account in the sweet spot and always over 90% which makes a few percentages of a difference and with 230,000 LEO, that adds up and 3/ curation earning rewards as a percentage have increased a little over the past few weeks for various reasons.

Content has done well but no big chances, this weeks earnings spurt is down to LEO curating. If every week was like this, we'd be in the land of milk and honey.

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Total earnings to date are 20,233.34 LEO giving us an average of 1,124 per week. Even after removing the double LEO payment, we still would have earned around 1200 LEO which is above average.

You can see below that the past 2 weeks have been great for us. I have been sending 50% of earnings to bLEO and powering up the other 50% to @lbi-token. We are still a young project and it's better to build slowly compared to looking back in 2 years and thinking, we should have laid better foundations. We will continue to aggressively power up LEO up until LBI dividends begin whenever that is. From a growth POV, the longer div's are held off the better it is long term for LBI. We might be able to have our cake and eat it too if we play our cards right.

Earnings from last week beat last week so we have a new peak earning week, great stuff.

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This week, our staked LEO balance has increased by 1453 LEO thanks to 50% of our earnings and some LBI token sales. In our hive-engine wallet, we received a bunch of Bullshit token (BST), no idea why we got any but we now own around 12% of current circulating tokens which makes us an insta whale. Maybe the project owner thinks LBI is bullshit and is making a joke, baa-hahaha. Either way, we'll hold on to them as they are worth over $100 and it's a freeroll.

For our CUB wallet over the past week, we added again to the bLEO/BNB LP to the amount of roughly $845 and then also roughly $140 into CUB/BNB. Last week our CUB wallet was worth $20,483 which was valued at 29,557 LEO for us. We can see that this week, our wallet is worth fewer dollars but more LEO so it's swings and roundabouts.

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Growth is continuing on the same trend. As we continue to build our foundations of staked LEO and bLEO/BNB LP, this trend should continue. When we start investing in things outside the LeoFinace ecosystem, these lines every week might not be as consistent. What we have been doing from launch is building strong foundations so that when sh*t hits the fans on investment, we can continue on and take the hit. Think of it like ripping the 1 leg of a spider. That spider will survive. We're building strong legs 🕷

The below chart only has 1 change this week. Staked LEO has lost 1% and BSC LP's has increased 1%.

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LBI token price
Total assets worth in LEO
266,536.14 LEO

Total LBI tokens circulating
222,024.52

LBI token price - 1.20 LEO

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There we have it, folks, the highest-earning week we've had, the fund has grown over 4000 LEO in a week and the LBI's true value is now 1.20 LEO meaning 100% of wallets are in profit. That's not a bad way to end the week if you ask me.

Thank you very much for reading this week's earnings and holding report, I hope you have found it informative. Comments and feedback are welcome.

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great to see you having a killer week, especially since the markets made a few people feel a bit down so maybe it will help them cheer up. I'm having fun regardless of how crazy the market is :P

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Do you have diamond hands? lol

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it depends on the price :P

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High on life in general?

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just trying to have fun and spread some joy :)

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The positive weeks seem to be endless with LBI

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That is what the goal is.

The bags for LBI keep filling just like they do for individuals. The recommendations given to individuals is exactly what LBI follows. We do not operate any differently.

Consistent action leads to a consistently growing compounding return.

It is what Hive and the tribes offer.

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By the looks of it, it's not a straight line anymore. It's starting to become an exponential curve! :D

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The value curve will do that as more projects start feeding into the hopper. For the first few months, we were relegated to just posting and curating. Now, we have an ever growing CUB pool which is churning out returns.

Couple that with the increasing of LP that we use to curate, we can see why it keeps going up.

Just think what it will look like once we start curating the ProjectBlank application. We will be one of the larger holders there also.

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This excites me a bit more about this project. 👍👍

Initially, I wanted those dividends flowing in but now I understand that a strong base needs to be set first which will increase our ROI much more in the upcoming years.

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Very good all around. I am hoping to pick up some more before the hardcap but damn Binance isn't taking my card payment. Anyone else having issues over there? I really want to buy this dip so should really have a backup exchange to get fiat into crypto.
Great work to all the team.

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Adding more LBI is a good idea in my opinion.

Sorry about the difficulty with Binance. Dealing with exchanges sucks.

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Thanks, Found another option to buy through Simplex. Yes, I hate exchanges as they can pull the rug at any time and now the Irish government is bringing in some new AML (Anti-money launder) nonsense. I was happy to catch some of the dip and get some more money out of Fiat. LBI here I come.

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I am holding some lbi for future value.

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That's the aim :) Long-term vision . SPI , LBI are long term tokens .

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That future value is going to keep growing.

We will keep working on that to make sure it does.

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Initially I thought 50 LBI was enough , then I thought 100 was enough . I kept on piling up and now I have around 1000 LBI in 2-3 accounts .
Keep up the great job :)

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Thank you very much for the report.
Finally a positive news this week. And such a good one !
20% in a very short time frame, congrats guys :)

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lbi have really grown within this few months. At this rate, one can only imagine what it'll be in few years. Keep it up guys

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It's always great to see a new report and know how our wallet is growing. I'm back to buying LBI again, it's time to make the most of it before the hardcap. I'm buying some today as well. We can stake LEO after the hardcap. This is going to be huge one day, I'm sure of it.

Thanks @siverstakeruk for the great report.

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Looks like the last two weeks have really been a step change for LBI, despite the relatively low CUB price. I'm very eager to see how this will develop in the next month!

The market for BST tokens looks a bit dead though... I wonder why that is ;).

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Is there any minimum or maximum limit to buy LBI? I want to have some LBI and I need to send LEO to @lbi-token account and will get LBI automatically.. right? Please guide me if I am missing anything

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Always nice to see a move up higher. Consistency is the key and we keep plugging away.

I like to see the value growing on an exponential basis. We are now 20% higher than when we starts back in December.

That is incredible growth for a start up when you think about it.

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So I was just wondering, what is the sweet spot for voting? Do we lose significantly more as we drain the VP more? I just thought it was interesting to know.

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Yes the more VP one has, the greater the value of the vote. Never ran the numbers but with 230K LP, it is pretty significant.

On the comment votes it can sway as much as 15% on the value of the vote.

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I generally thought it was more in the range of only a few percent. Doesn't the VP usually end up taking slightly less everytime? At 100%, it takes 2% VP. At 98%, it should take about 1.96% VP right? I guess it might cut off about 1-2% I think based on the round offs.

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great stuff yet again and why I am still adding whenever I can. What would the dividends look like right now any idea if we had to start? Not wanting them just curious.

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676 LEO/222,024 Tokens outstanding.

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I had made a post about that couple of weeks ago , check it out . https://leofinance.io/@amr008/how-much-dividends-will-you-get-from-lbi-if-the-voting-passes-with-no

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Your post was promoted by @taskmaster4450le

Nice... I just bought my first LBI and look forward to buying more in the future. Good to see slow and steady doing well amidst all this doom and gloom.

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I want to know how can I check LBI token balance? any link..

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💯 percent already In profit! Great stuff!

Good to see slow and steady doing well amidst all this doom and gloom))

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It is incredible the administration they have, it motivates me to continue working hard here as well. On the other hand, I have seen the growth of LBI in its beginnings, I will look for a way to participate and diversify my investment with you.

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Thanks for the information. I'newbie in Hive and Leo. I want to learn and be part of LBI, but I don't know how,¿could you share me a link or something to know how could I do it? . Thanks four your time and your post!

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So if i understand it correctly, in order to buy LBI tokens i just need to send LEO tokens to @lbi-token account ?
Please confirm


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What the price of LBI token will be after May 7?

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