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.
Income this week took a dip as there was no content uploaded. We were still able to earn 651 LEO from leo.voter, HIVE curation and LEO curation in that order.
Our liquid LEO balance increased by 400ish this week. We collected this month's HBD interest this week of around 42 HBD which was always nice.
Non-HIVE holdings are mostly down a few percent against LEO this week. As with every week, I converted this week's CUB harvests into BTC.
All in all, its been a pretty standard week for us. The ratio between LEO and HIVE has been flat this week with both increasing a little each.
Get LBI on LeoDex - https://leodex.io/market/LBI
Get LBI on Hive-engine - https://hive-engine.com/?p=market&t=LBI
!CTP
!PIZZA
!LOLZ
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I guess that’s what I get for buying a pure bread dog.
Credit: reddit
@lbi-token, I sent you an $LOLZ on behalf of ericburgoyne
(1/4)
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$PIZZA slices delivered:
@ericburgoyne(3/15) tipped @lbi-token