LBI earnings and holding REPORT - #20
Hello, LBIer's. What a week it's been for us, we've handicapped the LBI token, took a snapshot last night for a small airdrop of our coming soon token CUBLIFE and the kicker of the week is curation rewards have mooned and topped 1000 LEO for the first week ever. Granted we had a double payment from contract_tokens for one day this week but a win and a win and earning over 1000 LEO in 1 week is an epic W.
Off platform stuff, ie CUB.finanace not doing so well this week and actually leaving me questioning a few things. Anyways, i have been burning the candles at both ends the past few days and I'm wrecked so let's get this report done for week 20. WEEK 20 already, Jes time flys when your having fun.
Boom, look at that, 1063 LEO from curation. I saw a post the other day, I think it was from JK6276 and it showed how LeoFinance engagement has declined since CUB.finance was released which explains perfectly why our curation rewards are increasing so much. Just glad that we continued to power up LEO every week instead of going full ape into CUB/finance same as most others. Did I use the term "APE" correctly? It's a new word for me but I need to stay up to date with all the new lingo you kids are using.
Content rewards are see-sawing. In terms of LEO content rewards, they have been dropping but HIVE content rewards are up so it's a little bit of same same but different. Our avg content earning per week for LEO are 314 and for HIVE 76 so you can see above, content earning for LEO are down around 30% and HIVE is up around 50%. HIVE curation and inflation see no major changes.
Total LEO earned to date from launch is 22,986. There's no plan yet to stop powering up LEO as we continue to build our foundations so we could see 30,000 earned sooner than we think.
New all time high earnings (again). That's 3 weeks out of the past 4 earning have hit new time highs. Anyone get a fire extinguisher? We're on fire!!
Again this week, we took 50% of earnings and converted it to bLEO and powered up the rest including all the LEO got from last-minute LBI token issuing.
I might take some crap for this but I sell all tribe tokens for HIVEp, the only reason we hold CINE is that it's already staked and delegated to brofi and I'm lazy to cancel it. I understand some token holders will think we are missing out and in some cases that could be correct but in most cases, tribe tokens fall in value over time. Even when LEO launched, I remember the price was 1+ STEEM at one point per LEO and 2 years on, it's at around 1 HIVE per LEO and LEO is prob the best performing tribe token on HIVE. It would love to be able to see full history charts for HE tokens, i wonder why they show the past 2 months and with other options? Anyways...
I have a problem with what I see above when I compare it to last week. Last week, the bLEO/BNB LP was worth $13,020, bleo was exactly the same price and BNB has increased by $8 so we can say both token prices are pretty much the same. We added 700 bLEO and the same amount in BNB to the LP, this is worth $870 but our LP is only worth $400 more. Maybe I'm missing something but both bLEO and BNB prices are the same as last week, we added $870 but it's worth $400 more? Maybe some sort of IL wizardry that is over my head, I just think it looks strange.
Anyways, get a good look at it because next week, there will be $3000-5000 missing after the CUBLIFE (CL) airdrop is funded 😁
Because our CUB wallet is worth a little less this week, total growth was almost in decline but we just scrapped through with a net LEO gain of 9 LEO. Last week, total assets were 273,567.07 and this week its 273,576.71 so just by our teeth we made growth for the week.
LBI token price
Total assets worth in LEO
273,576.71 LEO
Total LBI tokens circulating
224672.77
LBI token price - 1.217 LEO
It's been a great week and we've got a lot done, next thing is the CUBLIFE airdrop. Im thinking Monday evening is a good time and gives me a few days so watch out for that.
Thank you very much for reading today's post, i hope you enjoyed and found the info useful :)
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I appreciate the updates. I harvested about 24 hours too late today so I am humming about my stakes but I am not withdrawing anything from the farms for a while so I am happy to keep throwing CUBs in the den regardless of USD price. As for LBI I picked up a few more this week, glad I did. I am watching for the new project!! Thansk for everything @lbi-token
Yea, there are many different ways to go about CUB. The new project should be, i guessed I'll get to work on it this evening in a few hours i guess :)
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Ah so it wasn't just me where the price of my CUB LP dropped. I added my first Cub Finance LP but it does look like price hasn't changed too much. I did see more bLEO in my LP so I think it may have something to do with BNB. I plan on adding a bit more in a few days then see what happens though.
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Yea, could be an IL thing but I'm not sure, just looks strange to me.
Im waiting for Kingdoms. I wish they'd stopped announcing it and just launch it when it ready be in 1-6 weeks.
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great progression looking at the charts. seem to be a great ride upwards.
Kudos to who discovered how to maximize the curators rewards, keep getter higher.
i see greater times ahead with cublife and all
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Your post was promoted by @jfang003
I remember there were talks at the start to pick up some miners do you feel that is something LBI will start looking into again?
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We just keep marching forwards and upwards. The fact that we still made gains this week in spite of the Cub performance bodes well for the future. If and when Cub pumps a little the gains will go through the roof. Another great week! Well done!
I, like a few others, took this last opportunity to add to my LBI holdings. Gotta recharge a little and then I'll be looking to pick off a few more here and there on the open market. The base is stronk. Gonna be a fun second half of the year methinks....
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Hello, I am a sixth semester economics student in Venezuela, and analyzing these graphs I see how viable it is to invest in the medium or long term. This type of investments are the future, and I recommend them for all the people who live in a country with inflation or where the economy is serious, because in one way or another you are generating money that can help you and the only thing you have to do is to follow its progress and obviously study well the crypto project before investing. But now entering the subject, here you have a new but faithful follower of the community that will remain active commenting, proposing and supporting this and future projects of the community, I really could not say right now that the interactions in the community have decreased because I am new, however, from what I see in the graphs one thing is compensating the other when significant changes are shown in the indicators, but when it is not so it is logical not to pay much attention. I hope that the participation increases and that all together we can make this community a better one every day. Best wishes to all and good luck!
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By the way, congratulations to the great work you are doing analyzing to improve the healing rewards.
A good future awaits us with these projects.
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Another great report pointing out what needs to be pointed out. I love how our bags grow in size and how we can always get new bags, like cublife in this case.
Unfortunately CUB is not doing so well, compared to a month ago or so. But let's hope it gets better.
Many thanks for the hard work, keep it up!
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My Monday will certainly be an awesome day if everything goes as planned and we receive the airdrop :)
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I guess that was supposed to be hardcapped? Just in case someone doesn't know what you are talking about and thinks you did something to damage LBI token, lol.
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Wow the first time over 1000 LEO is an amazing number. I hope that will increase every week.
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LBI, LEO, HIVE are long term projects and it's nice to see them grow steadily, without any rush or anxiety to go up in price.
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why buy a leo backed token when you can just buy LEO?
is it something airdropped to LEO holders?
No, Cublife will be airdropped to accounts with more than 10 LBI.
lol 3 layers deep
When I look at these reports I am happy because, even though I only have 70 LBI, I know I have chosen a good and promising project.
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Hi, could someone explain to me why nothing is happening with my LBI tokens? I have read that I will receive more LBI tokens every week but nothing has happened since April 30. Have I misunderstood something? If you have a discord server, I would be happy to discuss this there. Thank you for your understanding.
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