LBI earnings and holding REPORT | Year 03 | Week 31
leofinance·@lbi-token·
0.000 HBDLBI earnings and holding REPORT | Year 03 | Week 31
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 this week were on par with what we have been earning the past few months. Leo.voter came out as a top earner this week for the 1st time ever. LEO curation has taken the 2nd spot and in 3rd place HIVE content. In our LEO wallet, we seem to be adding 400-500 liquid each week. Our HIVE and HE wallets have been fairly stable this week with no action. The same can be said for our non-HIVE wallet, its biggest gainer this week was BTC but we did add $25 more from defi harvests. Overall, it's been a stable week and not much has happened. The price of LEO has declined a little from last week but not by that much. The overall market has gone sideways and it has been a little boring, haha The LBI token price increased again and it has been making a nice recovery over the past 8-9 weeks, Let's hope it continues and we can get back to new time highs. Thanks for checking out this week's report, have a great weekend.  **Get LBI on LeoDex - https://leodex.io/market/LBI Get LBI on Hive-engine - https://hive-engine.com/?p=market&t=LBI**
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