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 are back up to normal this week as we bring in 1900 LEO's. Leo curation and HIE content being the top earners of the week and Friday being our best day. Dividends should have already been issued so dont forget to check your wallets for that :)
No LEO staked this week. I moved some liquid INTO THE hive/leo LP on beeswap to see what that brings us back. It's nice to earn with LEO but even better if we dont need to power it up.
The HIVE/LEO LP has been added to the above as you can see. I have also added another one for HBD/BUSD but im having problems with unwrapping LEO from BSC to HE so I guess we'll hope LEO's price does not drop that much before it's fixed. The problem is it's asking 0.34 BNB to do the transaction and it's warning it'll probably not go through so I'll wait a day and if nothing, I'll go ole school and Binance it.
Not much change with these holdings, some are up, some are down.
Another great week behind us, lets hope we continue to grow.
Have a great weekend 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 Beta
It is good that things are getting back on track after the holiday interruption. Pulling in 1900 LEO is a nice haul. With all that is going on, I think we can expect 2022 to be very beneficial to LEO.
In the meantime, we just need to keep up the effort and get more LEO flowing into the account. This is the basis of much higher values for the token.
Posted Using LeoFinance Beta
Going to buy LBI token soon. It sure does support Leo community
Act fast, this thing increases in price in a blink ;)
Posted Using LeoFinance Beta
Very true broo, Haha
It is ingrained in the Leo community because it was developed by and is the Leo community.
The community taking care of itself.
Posted Using LeoFinance Beta
It is the whole eco system !
thank you, I just got my 1st dividend payment !
Posted Using LeoFinance Beta
The spigot is turned on. It will keep flowing.
Posted Using LeoFinance Beta
they do all the "hard" work and I collect. I like it. Think I'll be investing in a few more LBI this year :)
Posted Using LeoFinance Beta
Nice to see the value continue to rise. If we can manage the 20% we originally set out to do every year we'll need to reach almost 2 LEO per 1 LBI by this time next year. I think it can be done. I still would like to see us adding some staked LEO every week. It would be nice to build the curation up to the point where we're earning 2500 LEO per week. I think we can get there.
Lots of exciting things coming down the pike for LEO in 2022. Let's just keep Getting Rich Slowly....Fast. Seemed to work out okay in 2021. :-)
Posted Using LeoFinance Beta
I agree with you. The idea of keep building LEO is important. We need another curation pool going. This would allow us to help spread things out even more.
Posted Using LeoFinance Beta
Awesome week with pulling 1900 Leo. Great to see the project continue from where it stopped last year. I believe year 2 should be much better
I think "MASSIVE compound" will describe perfectly Year 2. Thinking about LEO price pulling a x3-x4, LBI dividends are going to be insane.
Posted Using LeoFinance Beta
Indeed, can only imagine. Better times ahead for sure
I am a bit confused about what the LBI Token price year 2 chart shows. What points of reference are the 1, 2, 3 and 4?
Posted Using LeoFinance Beta
Must be referring to Weeks from 1 to 4 if I'm not wrong :)
I also asked myself the same question when I read the title hehe
Posted Using LeoFinance Beta
I was thinking about that as well but the week 4 is filled and 4 weeks hasn't passed. Unless it's trying to start from the 2nd year of LBI.
Posted Using LeoFinance Beta
Correct it's starting from LBI Year 2, in December, confusing right :D
Posted Using LeoFinance Beta
Thank you SSUK for putting this together.
I didn't congratulate you yet for your new templates (after losing the old ones), those are much better !
Do yo mind to share a link you used to get the "total holding by weight" chart ?
Posted Using LeoFinance Beta
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