LBI earnings and holding REPORT | Year 02 | Week 45
hive-167922·@lbi-token·
0.000 HBDLBI earnings and holding REPORT | Year 02 | Week 45
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.   Earnings for this week have been great, even with the price of LEO increasing by 20% and most of our earnings coming from HIVE. With that said, LEO curation is up 50% on last week and earnings from leo.voter are about the same so overall LEO earnings are up. As we move into growth, I am on the lookout for LEO yielding projects but pickings are slim and CUBlife is looking to one of the best ways for us to earn a LEO income. Overall content earnings are down as 1 of our content producers has dropped from 2 days down to 1 day. We will have to get used to this going forward. You will notice that HIVE content earnings are shown as a weekly average. Im happy with earnings in the face of LEO increasing 20%, I would have expected them to drop some but we've done good.    As we have stopped weekly dividends and stopping an operators fee, our LEO balance has increased this week and as each week pas's, this should continue to increase until we find a use case for it weather that be powering it up are using to investment into some sort of LEO yielding investments. I converted a bunch of HE tokens into HIVE which will likely be converted into LEO. We added HBD to our HIVE savings account as we do every week and this balance is continuing to grow nicely. We can see below that HBD is catching up slowly with HIVE. Remember that with HIVE we hold 10k HP which is delegated to leo.voter with everything over 10k being part of a weekly powerpower.   We've had a great week, LEO is up 20% which has boasted the value of our bLEO/BNB LP which in turn increases the harvests we receive from it. EMP has made sowhat of small comeback as it's peg has increased 35% this week also giving a nice boast to asset value and potential future harvests.     The price chart will be fixed sometime as you can see missing weeks between 7-40 and I will get around to it. I need to manually go through 33 past reports to gather that info. Bummer for me. We have taken a small dip in LBI token price this week but we can't be surprised as LEO is up 20% meaning our non-LEO holdings are not worth as much in terms of LEO. This recent market pump has been great for us, LEO is up 20%, ETH is around the same and HIVE is up a few percent as well. In terms of dollars, the fund is up a lot this week, i can't tell you the exact number or percentage because I don't track it but if LEO is up, LBI overall is up no doubt. I don't track a dollar price for LBI because I do track it for SPI and this makes me focus on the dollar value over the HIVE value so this is why I don't track it for LBI. Looking at trying to increase our LEO incomes, we have 3 options and I'm not sure which is best for us long-term based on were we are in the market cycle. We can stake it and earn from curation, convert it to HP and earn from leo.voter are invest in something like CUBlife that pays out a weekly LEO income. Lastly, something that has been playing over in my mind. I notice a lot of LBI investors really like weekly dividends, maybe more so than growth. LBI was launched as a LEO clone of SPI and using SPI's model so this is a little annoying because it leaves me running a project that is not doing what it is supposed to be doing. I have no interest in running a fancy LEO curation trial that happens to hold a small BSC wallet invested mostly in CUBfinance. The bulk of earnings coming from content is not ideal, they should be coming from non-HIVE assets in the form of harvests or interest payments. Investors being bullish on staking LEO that earns 8% is not going to see us grow by 20% per year especially when we normally pay out half of those earnings as dividends. Im hopeful for the next 12-18 months when we have a chance to build some non-HIVE assets and we can earn enough from harvests/interest payments to buy back into LEO each week, providing an LBI token buyback and provide us with liquidity for making new investments. We could explore the idea of creating an LEO-only income token that would be the LEO equivalent of EDS. Investors who favour income over growth could convert LBI into a new income token. Anyways, this week has been very good to us, let's hope it continues, I still believe the bottom has yet to come but I'd like to be proven wrong 🤑 Have a great week everyone!  **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 <sup>Beta</sup>](https://leofinance.io/@lbi-token/lbi-earnings-and-holding-report-or-year-02-or-week-45)
👍 successforall, joeyarnoldvn, liaminit1, sumatranate.leo, hykss.leo, darewealth, citimillz, nervi, revise.leo, gualteramarelo, dashroom, dwayne16, blockbeard, abh12345.leo, not-a-bird, meesterleo, not-a-gamer, cryptoandcoffee, philnewton, src3, iamfarhad, fitcoin, bozz, erikklok, bozz.sports, iikrypticsii, ripperone, eturnerx, fatman, steem.girl, voter, pixelfan, jocieprosza, beverages, sk1920, libertyleo27, lesiopm, pogarda, hive-134382, polish.hive, yieldgrower, hierkraj, leoball, cube4stake, lightflares, vicesrus, throwbackthurs, cryptological, fractalfrank, hornetsnest, fractalnode, pkocjan, racibo, browery, ratelmiodozer, pl-travelfeed, lesiopm2, hive-117638, saunter, gunthertopp, for91days, lynxialicious, velmafia, merthin, poliac, randomgoodstuff, verticallife, cheer-up, wallar, asia-pl, zdigital222, curatorcat.leo, dknkyz.leo, dknkyz, jongcl, canon12, deadswitch, notak, notak1, ammonite, bigtooth, tbnfl4sun, cmplxty.leo, dagger212, trumpman2, senstless, oelgniksivart, surya1adiga, officialhisha, belemo.leo, preparedwombat, taskmaster4450, unyimeetuk, mightpossibly, rohansuares, susie-saver, fredhill, onealfa, l337m45732, the.rocket.panda, uruiamme, dera123, tomhall, tomhall.leo, chrisparis, taskmaster4450le, eliel, adambarratt, rodent, oakshieldholding, leoline, alokkumar121.leo, robmojo.leo, jocieprosza.leo, foreverhero, sabajfa, kam5iz, globalcurrencies, ew-and-patterns, lbi-token, mrsbozz, eddie-earner, mindtrap-leo, star.leo, pouchon, pouchon.tribes, alz190, bitcoinflood, liotes.ctp, princessbusayo, stortebeker, eirik, forexbrokr, crypto-guides, oldmans, filotasriza3, ammonite.leo, leoalpha, jk6276, vxc.leo, pob.curator, duwiky, firealien, pob.macro, elon.curator, listnerds, politicalhive, ctptips, hivebuzz, lizanomadsoul, manncpt, jnmarteau, globalschool, schmidi, mammasitta, fengchao, steemitboard, marivic10, raphaelle, shanibeer, uyobong.venture,