LBI earnings and holding REPORT - #5

in LeoFinancelast month

Authored by @silverstakceruk

image.png

Week 5

Earning

image.png

Another week is behind us, it has been an incredibly uneventful week other than the HE hacks and LeoFinanace going down for a few hours. Our earnings this week are a little slower than last weeks by about 100 LEO, content earnings are around the same with curation earnings less this week. Not sure exactly what has happened there, we can see on Sunday, curation rewards were massive because of a manual voting mistake but it should have corrected and fixed itself throughout the week. At the end of the day, we get 1000% worth of upvotes every day so should have evened out. I can only think of 1 thing but I dare not type it in fear of being wrong.

Apart from that small hiccup in curation rewards, everything is running smoothly and to plan. Our content is still getting loads of comments, not so much interaction. LBI drops upvotes on comments so this could be the reason for a high number of comments and the low number of replies. I notice people asking questions and then me, Hetty are Task take the time reply back only to have the same person ask the same question on a different post at a later date, haha.

So we can see that content was 32% of earnings this week, HIVE content was 5%, 63% came from LEO curation and HIVE curation even makes an appearance this week with its 0% blue slice.

image.png

image.png
This week we have a small dip compared to the past 2 weeks, this happens and is nothing to worry about. As long as we stay over 1000 LEO, I am not worried.

Total earned to date is 5630.09 LEO, it'll not be long until we pass the 10k LEO mark, under 5 weeks by my guess.
image.png

Holdings

image.png
image.png

Another week another 1000 LEO powered up and after issuing tokens, we are sitting on 213k LEO. Our HIVE power balance is almost into 4 digits which is nice as this is increasing the LEO we earn from leo.voter.

image.png
image.png

LBI token price

image.png

Total assets worth in LEO
213,583.18 LEO

Total LBI tokens circulating
207,703.66

LBI token price - 1.0284 LEO

RoundUp

Its been another good week for us, we earned over 1000 LEO, issued 3-4k tokens and even had a few people step up to nominate themselves for the governance team. Good work for everyone involved and thank you to token holders for making this happen.

Posted Using LeoFinance Beta

Sort:  

Apart from that small hiccup in curation rewards, everything is running smoothly and to plan. Our content is still getting loads of comments, not so much interaction. LBI drops upvotes on comments so this could be the reason for a high number of comments and the low number of replies. I notice people asking questions and then me, Hetty are Task take the time reply back only to have the same person ask the same question on a different post at a later date, haha.

That helps reaching the top 10 in commentators on leofinance.io and mostly it is targeted as vote farming. Life is tough sometimes.

Total earned to date is 5630.09 LEO, it'll not be long until we pass the 10k LEO mark, under 5 weeks by my guess.

I would say under 4 because the trend is on growing.

Thanks for the update,SSU!

Posted Using LeoFinance Beta

I always round up so when we hit targets early, we have good news to post about, haha.

Thanks for checking the post out as always :)

Posted Using LeoFinance Beta

I like to read, especially if I'm invested in the project. :)

I think the FOMO shall be spread out for the next week as people will need to rush to get LBI at a discount.

Posted Using LeoFinance Beta

The curation might be down a bit because when you do it all in one day, like happened that Sunday, each upvote gets progressively lower.

So we were spending a great deal of VP at a much lower payout rate.

Probably not responsible for the entire drop but could have cost us 20 LEO or so.

All the curation is manually done?

Posted Using LeoFinance Beta

As far as I know, yes.

Posted Using LeoFinance Beta

Yes

Posted Using LeoFinance Beta

Happy days, that makes sense. I was thinking something else might have happened.

Should be back to full strength for next week :)

Posted Using LeoFinance Beta

The upvote is getting lower , that means the rate of inflation reduce slowly. Will be more people stake leo? the price will rise too.

Posted Using LeoFinance Beta

Any idea when TRPN token hodlers will get paid?

Posted Using LeoFinance Beta

whenever they return the no tokens to @spinvest

Posted Using LeoFinance Beta

Was this ever made clear? Did I miss a memo?

A67EE9AAF0F249A1981578793CD37F98.jpeg

It is nice to know that some people have stepped up for the governance team. I have 50 staked Leo and 23 LBI right now. I plan to convert all the LEO I get until the price changed into LBI.

I don't mind a few dips as it happens normally in any market. 1k a week is definitely a good goal to keep every week. It should go up slowly over time when the LEO compounds over time.

Posted Using LeoFinance Beta

It is a nice baseline for now. We will see what other options present themselves over the next few months.

Posted Using LeoFinance Beta

it's interesting that most of the earnings comes from curating, I imagined a significant chunk of the them would come from people buying the lbi token

Posted Using LeoFinance Beta

This is earnings report. If I am not mistaken I don't think the LEO raised by sending LBI is accounted in this post.

Posted Using LeoFinance Beta

I wonder why

issuing tokens is not earnings

If a company sales its own stock, is that earnings? are more likely fundraising? Earnings are what we make from the LEO raised from issuing tokens.

Posted Using LeoFinance Beta

Is the amount raised by selling the token accounted for weekly or monthly or at some point?

Yes every week

image.png

There is all the LEO collected from token issuing and earnings.

Posted Using LeoFinance Beta

The leo you send to buy LBI can not be count in with earnings, as those Leo's you send to buy LBI is needed to back the LBI token you bought, to make sure that the value of the LBI never can go beneath 1 Leo.

The Leo you sent to buy is staked, but is not counted in earnings. All earnings from posting and curation are used to let the value of your LBI grow.

Posted Using LeoFinance Beta

cool thanks for the clarifications :)

You're welcome

Whether curation or not, LBi is a great addition to Leo. I take my time to drop some comments whenever I have the time just so as to support the movement. You all are doing a great job at finding ways to develop.

Posted Using LeoFinance Beta

Thanks for the nice comments. On a weekly basis things go up and down, as long as the red line keeps going up, we are cool.

Posted Using LeoFinance Beta

Is it okay to ask for a post which mentions - If dividends were paid out today ,how much LEO would LBI holders get? An estimation ?

Posted Using LeoFinance Beta

Divide total dividend payout by the tokens issued.

Posted Using LeoFinance Beta

damn so given the fact that i got 500 LBI i can say that i am already at + 14.2 LEO, meaning 14x0.50= 7$ of pure profit! Not bad

Posted Using LeoFinance Beta

That is how it works.

Posted Using LeoFinance Beta

I have to say the nerd in me is enjoying these updates. I am hoping to get myself to 1000 LBI in the next day or two and then I may pause for a while. I must say I am a bit disappointed about the lack of people nominate themselves to the governance team. I really thought this would be a very sought after position but of course, I understand the time commitment may not suit. I would put myself forward but I don't believe I have the knowledge required.

Yes, the updates for fun to write. I tihnk a few people have stepped up for the gov team, we'll see what happens :)

Posted Using LeoFinance Beta

I think that the issue might be exactly what you said at the end. Many of us don't feel prepared to act as a governance board member. Each of us has some sort of skills that can be useful but it's a good sign that no one sees him/herself prepared to lead the way. That's how a decentralized org should be , by the way, haha.
I think it will be something that will fix itself naturally. We are in really early stage and this project is aiming for the long shot so I'm not really worried about it.

Posted Using LeoFinance Beta

Im hoping the same :)

Posted Using LeoFinance Beta

Great update. LBi doing really well. 1k per week is nice, it can only get better. Will try to get more LBi before the month end.
Also good to see some people nominating themselves for the governance team

Posted Using LeoFinance Beta

Yes, over 1k is good and happy to see people nominating themselves. We'll get this sorted and on to the next thing.

Posted Using LeoFinance Beta

Price keeps increasing and LEO accumulating. I will continue to stack as I see so much potential in this project. Looking forward to the next step in LBI

Posted Using LeoFinance Beta

Yep, price of the token seems to increase by around 0.5% every week, not to bad.

Posted Using LeoFinance Beta

This report shows that LBI is a very good project. I only have 10 LBIs but will definitely be buying more.
Good work
!BEER

Posted Using LeoFinance Beta

Thank you for your nice words, i enjoy writing the reports :)

Posted Using LeoFinance Beta

great post

Posted Using LeoFinance Beta

Congratulations @lbi-token! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You published more than 60 posts. Your next target is to reach 70 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP


Hey @lbi-token, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Thank you for the time spent on this report !
Around 0.5% increase per week -> around 25% per year...
And this is the baseline, more will come with additional projects, just amazing !

Posted Using LeoFinance Beta

Great report (as usual), @lbi-token.

Posted Using LeoFinance Beta

@lbi-token @silverstakceruk @taskmaster4450

Let's assume I will give some SOL tokens to @lbi-token, would you refrain from selling them?

Nice to see things growing and moving steady ahead. This is the way and if we could teleport in the future and look back, for sure we would see a great journey. Simply glad to be part of it, keep on going!

Posted Using LeoFinance Beta

Good average stats. To get a clearer picture a day-to-day chart would be also awesome. Weekly can be in curation tricky deliver incorrect data with more swings.

Posted Using LeoFinance Beta

That is the kinf od report that investors like to see.

Very explaine dwith detail and clean.

Congratulations for the good work.

Posted Using LeoFinance Beta

When does the period of sending LEO directly to LBI and getting 1:1 tokens in return end?

I might have to make one last buy before the cutoff.

Posted Using LeoFinance Beta

!wine


Cheers, @theshaki You Successfully Shared 0.100 WINE With @lbi-token.
You Earned 0.100 WINE As Curation Reward.
You Utilized 3/3 Successful Calls.

wine-greeting


WINE Current Market Price : 10.000 HIVE

The split of hive reward and leo reward is very sharp. Leo curation is over 200 while hive curration is only about 4. I think when hive price pump, there will be more currators and authors earn double reward, while earning hive and leo. That is a great opportunities in hive network. Just wait for the hive price bull

Posted Using LeoFinance Beta

Sounds like you are really doing a good job of getting everything set up for the future. Since I hit my goal my conversions have slowed down, but I am still trying to move what I can over into LBI. Thanks for sharing all of this info!

Posted Using LeoFinance Beta