Written by @alexvan
Voting upon weekly dividends
Dear LBI holders,
another 3 months have passed since we had our last vote on the payout of weekly dividends.
As announced in the latest post regarding the next proposal round, according to the roadmap, we will proceed this month with the vote on the dividend payout.
Should LBI postpone weekly dividends for another 3 months?
Please comment either...
- YES
or - NO
Voting for this will last 1 week from the upload:
- Results will be uploaded the day after voting finishes
- If YES wins, we continue to reinvest 100% of earnings and vote again in 3 months
- If NO wins, we start paying dividends from the 1st of August
If yes wins, we can review our position in 3 months. The longer the dividend payment is held off, the stronger the foundation is for the project, as everything is reinvested.
If no wins, we will pay out LBIs first weekly dividend on the 1st of August. That would be 50% of earnings to be split up between token holders, 40% going to reinvestment and 10% going to the @spinvest-leo for @@@silverstackeruk's services.
Voting Weights
LBI governance voting is based on weighted voting tiers dependent on your LBI holding. We have 5 tiers ranging from 10 tokens worth 1 vote to 10k+ worth 5 votes.
1/ 10-99 LBIs will earn a vote equal to 1
2/ 100-499 LBIs will earn a vote equal to 2
3/ 500-2,499 LBIs will earn a vote equal to 3
4/ 2,500-9,999 LBIs will earn a vote equal to 4
5/ 10,000+ LBIs will earn a vote equal to 5
Please keep in mind that only the votes of LBI holders are valid.
Thank you
Posted Using LeoFinance Beta
No..
Posted Using LeoFinance Beta
NO
I go with no since we're already hardcapped.
I know building the account is probably the best way to go, but I do feel like LBI holders need to get rewarded with paying a dividend. Even when you know that the dividends will only be bigger if they get postponed another 3 months.
I know it will slow down the growth for LBI ... but with a 250K leo balance right now. I feel like it's time to start paying divs. So I vote for NO this time.
Posted Using LeoFinance Beta
For the waiting.... lol, have a slice of !PIZZA
Posted Using LeoFinance Beta
@hetty-rowan! I sent you a slice of $PIZZA on behalf of @cooperclub.
Learn more about $PIZZA Token at hive.pizza (3/20)
I'm ready to start collecting the divs. Leo is cheap now and I'm not sure it will be in three months so I think I'd rather start getting them in my own account. It's not like LBI isn't getting any new tokens. It's still getting 40%. The original intent was to pay dividends and while I agreed with postponing in order to grow our base, I feel like we've done that in spades over the last 6 months. I understand both sides but, like I said, I feel like it's time to start collecting.
So, I vote NO.
Posted Using LeoFinance Beta
No
Have a slice of !PIZZA
Posted Using LeoFinance Beta
@no-advice! I sent you a slice of $PIZZA on behalf of @cooperclub.
Learn more about $PIZZA Token at hive.pizza (2/20)
YES
I still think building a base is more important in the long run.
Posted Using LeoFinance Beta
Yes
I'd like to see our position grow a little more. This pullback is a good time to accumulate, I vote YES.
Posted Using LeoFinance Beta
No
Posted Using LeoFinance Beta
YES
Yes! Please postpone.
Posted Using LeoFinance Beta
I'm going for NO as it will bring more liquidity to market for LB tokens, as dividends will start paying out others people who haven't been in LBI would love to join if they are sweet. Also, we have been accumulating for 6 months, original plan was start paying dividends at start.
I know we can get bigger dividends if we wait, but Early investors need to get some revenue as It already takes a few years to catch up with initial investment with dividends.
Posted Using LeoFinance Beta
Usually waiting pays off...., in the mean time have a slice of !PIZZA
Posted Using LeoFinance Beta
@khan.dayyanz! I sent you a slice of $PIZZA on behalf of @cooperclub.
Learn more about $PIZZA Token at hive.pizza (4/20)
fudge it ... I vote yes
Posted Using LeoFinance Beta
Yes
I don't mind either way but because I know accumulating now is the better option and because I have to vote, I vote YES.
Posted Using LeoFinance Beta
Yes
Yes
yes
No.
Posted Using LeoFinance Beta
No
Posted Using LeoFinance Beta
Yes
No
Posted Using LeoFinance Beta
No
Posted Using LeoFinance Beta
Yes :D
Posted Using LeoFinance Beta
I will vote yes
Posted Using LeoFinance Beta
I vote YES. Now is the time to BUIDL. Happy to continue to build for a solid 12months from today and reassess in 12 months time.
Posted Using LeoFinance Beta
No
Posted Using LeoFinance Beta
No.
Posted Using LeoFinance Beta
YES
Posted Using LeoFinance Beta
I vote YES.
I believe it's great to have a very solid foundation before dividends starts to be distributed.
NO
Yes
Posted Using LeoFinance Beta
I'm okay building it up a little longer so I vote YES this time.
Posted Using LeoFinance Beta
No
NO
Posted Using LeoFinance Beta
YES (w/300 LBI = 2 votes)
let it ride - i'm one of the few 'unbanked' so 'cashing out' is not an option - i can wait for bigger payout ;)
Posted Using LeoFinance Beta
What can stop you to buy more LBI from dividend?
Posted Using LeoFinance Beta
Simply - no.
Posted Using LeoFinance Beta
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STOPNO
Yes, I'm patient on this one.
Posted Using LeoFinance Beta
Eh, no
Posted Using LeoFinance Beta
No
No
Posted Using LeoFinance Beta
Happy to wait and see it grow some more. So my vote is Yes.
Posted Using LeoFinance Beta
No
Yes
I hold LBI and don't know how can I check dividends? Can you please help
I'm not sure, if I understand you. There are no dividends being paid out yet.
Thinking of @alex-van's example of the marshmellow experiment, I'm voting YES.
Posted Using LeoFinance Beta
No
Posted Using LeoFinance Beta