LBI earnings and holding REPORT - #21

in LeoFinance3 years ago

authored by @silverstackeruk

image.png

Hello, LBIer's. I have slept in today so I'm gonna rush this a little to make sure it's posted on time. Sleeping in till 10.30 pm, haha.

Anyways, this week again we have killed it. I mean we are really on top of our game are it feels like it anyways. Curation is on fire and we've added CUBLIFE to our weekly earnings. The crypto market itself, not such a great week but a big correction was needed i guess after the recent ALT token craziness. The only thing that scares me is Mr ETH dumped over a $1 billion worth of tokens and the last time Vitalik cashed out big was at the peak of the 2017 bullrun. He's smart money at the end of the day and the only thing giving me hope is most of what he dumped was shit meme tokens but still....

image.png

As you can, earnings this week were 1432 LEO. I had to double-check this as I couldn't believe it, over 1400 for 2 weeks in a row! Looks like continuing to power up LEO instead of FOMOing everything into CUB.finanace is working nicely with Taskmaster's little and often curating style.

Halfway down the table, you can see I have replaced LEO miners with CUBLIFE. Miners are a good idea but the ROI is sorta 💩 and we're far from scraping the barrel on being able to find better yielding investments. We can see this week CUBLIFE bought in a modest 17.89 LEO, next week this will be a little higher but...in 2 weeks, we should see 2-3x. I plan CUBLIFE to make LBI 100 LEO per week, its not a huge amount but it's a target and for very little work. It is about making money for LBI but also providing a good token for HIVE/LEO investors.

To sum up, we've smashed earnings again thank mainly to curation rewards.

image.png

image.png

Total LBI earnings to date or 24,418.79 LEO. If we are able to keep this 1000+ LEO curation earning up, we could really kill it the rest of the year. There are 224,000 LBI issued mostly at 1 LEO each. On week 21, we already earned more than 10% of that amount from curation and content alone which makes earning 20-25% in the first year look to be a done thing if we stick to what we are doing. From experience with SPinvest, it'll speed up unless something epically wrong happens.

The trending line is getting steeper, this gives a raging boner. Nuff sound...

image.png

image.png

image.png

Once again we stick to the now old routine of converting half of our earned LEO to bLEO to be staked into the bLEO/BNB LP. The other half has been powered up. I must admit I have been tempted to buy some UTOPIS tokens as the div's are amazing but not yet, need to stay focused on LEO for a little time more. Once we crack the seal on buying other tokens and off-platform crypto, it's hard to go back to powering up so need to be patient and stick to the plan. More LEO.

image.png

Compared with last week, our CUB wallet has taken a big hit. This is because CUBLIFE was funded and airdrop since then. I moved roughly 25% of LBI's CUB balances to CUBLIFE. These were worth around $5200 at the time and why we airdropped 5200 CUBLIFE. We will rebuild this bad boy back to $20,000 and then switch it up into something new.

image.png

Well, it finally happened, we have our first week where our assets are worth less in LEO than they were last week. This is because we moved $5200 out but we are down less than $5200 so technically, technically we made a profit again this week if this is factored in. Even when we lose, we win technically.

image.png

image.png

LBI token price
Total assets worth in LEO
268,150.72 LEO

Total LBI tokens circulating
224,672.77

LBI token price - 1.193 LEO

image.png

Price has taken a small dip again because of CUBLIFE but we'll get it back in a few weeks. Feel like it been around 1.20 LEO per LBI for a while now.

Thanks for taking the time to read this weeks report. Everything is going well and in a bullrun, we should only keep growing. Thanks for all the support shown to LBI :)

Posted Using LeoFinance Beta

Sort:  

Excellent job guys! I'm really happy with the decision the team has taken so far. I believe the future is bright for this project.

Thanks for the report and keep up the great work!

Posted Using LeoFinance Beta

Thank you. You try our best and most of time its works out ok :)

Posted Using LeoFinance Beta

I wouldn't worry about Vitalik dumping SHIB. He had a good reason to do that and will not affect us much.

Once we crack the seal on buying other tokens and off-platform crypto, it's hard to go back to powering up so need to be patient and stick to the plan.

I fully agree on that, so good choice.

Again, another great report with great news, the results are good and CubLife is going to add more to our bags. Looking in every possible pocket (mine and others :P) to see what can I invest in CubLife :D

Thanks again SSUK!

Posted Using LeoFinance Beta

I was starting to relax until i checked the market and were in another double-digit red day :'(

Fook it, we'll keep mowing on and getting it done

#CUBLIFE!

Posted Using LeoFinance Beta

Doooooon't worry, this is temporary, it's not going to last long as people are buying. It's going to shoot back up in a short time.

Just relax and concentrate on what we have to do 🙂

!ENGAGE 20

Posted Using LeoFinance Beta

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

If I get it correct , then it means LBI purchased 5200 in cublife and airdropped CL token according to users LBI holdings. I am aeay for couple of month and doing some catching.

Posted Using LeoFinance Beta

Yes that is correct. They CL tokens were sent out early last week and the first payouts on Friday.

Posted Using LeoFinance Beta

Do you have some LBI for issue? I mean, it's hardcapped now, but do you still hold a certain amount to be sold?

I think that option is not available anymore. All the funds sent after the deadline have been refunded. You can buy it at the market though.

Posted Using LeoFinance Beta

That's what I thought. Cheers

Hello,

The content team rewards are still to be minted but the rest have been burned. There are none for sale, only on the exchange.

Posted Using LeoFinance Beta

Another great week. Despite cublife airdrop, LBi seems to be doing well. The price should pick up in the coming weeks.


Posted via proofofbrain.io

Curation rewards are killing it. As people move their LEO from leofinance to cub, there's less on the platform and curating pays better.

Posted Using LeoFinance Beta

That's nice. Great Time to maximize curation


Posted via proofofbrain.io

“Utopia is killing it...”
Why isn’t that among our drips?

There is only so much we got involved in. The big focus is Leofinance and helping that. Coupled with Cubfinance, we aid the platform there.

Posted Using LeoFinance Beta

Fair enough. 😊

It will be so interesting to see all these new streams coming into LBI steadily increasing the price. I am very happy with the airdrop recieved and have started to send some more Hive across for Cublife. It seems that now I have become an investor, I also picked up a few UTOPIA based on your suggestions.

Posted Using LeoFinance Beta

It'll be interesting building it up to having 7-8 incomes flowing in. The thing LBI will need to do is keep adding new things. Most other projects launch, sell their tokens and think they are finished.

You know yourself that the best time to invest in early because that went the best ROI's is got. So, just because CUB is paying out well now, it might not be in 6-12 months time so adding new streams of income is very important and why most tokens start well and then die off.

UTOPIA i feel will do very well the rest of the bullrun and then drop off a little during the bullmarket. It might not but i feel like that. I'll HODL it all the same :)

Posted Using LeoFinance Beta

I would like to know when the dividends will start to be paid? Truth be told, not knowing any information about it is something to hesitate to keep buying these tokens.

Any update on this topic @lbi-token ?


Posted via proofofbrain.io

The next token holder vote for this is in around 4-5 weeks time. you can follow @lbi-gov where the voting posts and results are to be displayed. We have been voting every 3 months so far.

Posted Using LeoFinance Beta

Thank you for the answer!

!PIZZA

Connect

Trade


@lbi-token! I sent you a slice of $PIZZA on behalf of @juanmiguelsalas.

Learn more about $PIZZA Token at hive.pizza

SPI is a token that we keep like a precious !!! But we must also pay attention to these cousins ​​LBI, EDS and now CL ...
Thanks for that 🙏

There will be MORE!!!

Posted Using LeoFinance Beta

Especially with Vitalik making his moves I'm starting to ask myself if we haven't hit the peak of the bull run. Anyway we are here for the long run so it doesn't matter that much :)

Posted Using LeoFinance Beta

The market getting smshed now is making me not wonna open blockfoliom haha

Posted Using LeoFinance Beta

I don't use blockfolio, it would ruin my chill in times like this :P

Posted Using LeoFinance Beta

By the way, it is interesting that Hive is just an afterthought but we were able to generate more than 125 HP this week. Okay it is not going to make LBI a Hive whale but it will add up over time. This is something that can really help to keep things distributed and spreading out.

Posted Using LeoFinance Beta

I was looking at and thinking, that's 6000 HIVE per year plus whatever tribe tokens we get as well. We will have to venture outside LEO very soon as we're already posting, curating and farming. Just trying to get as much LEO staked before div's start and our reinvestment money gets cut by 60%. That's if the vote goes through.

Posted Using LeoFinance Beta

Seeing CubLife among the investments is quite motivating.
Thanks for the report dear 😌

Posted Using LeoFinance Beta

Your welcome. We had a good week, lets hope we can keep the ball rolling

Posted Using LeoFinance Beta

Congrats on getting over 1400 again! Big numbers from the LBI team

Posted Using LeoFinance Beta

Yeah, curation is killing it.

Posted Using LeoFinance Beta

I think the CubLife investment will pay off over time and give more value to LBI. So I am not worried that the total value is down in terms of LEO.

Posted Using LeoFinance Beta

It'll be fine, this will happen now that have off LEO stuff. I think CUBLIFE will do ok over time, as long as it keeps operational :)

Posted Using LeoFinance Beta

Well, obviously we were going to take a hit by giving away $5200 to a new project. The added income stream will be nice but it was going to show up in the price this week whereas the income stream will take time to build it back up.

I totally concur with your decision to keep building the LEO stake. There are still airdrops coming and I can't believe there are better investments out there right now than "free" airdrop tokens. Plus, we're only a few short weeks away from having the dividend vote again which I think will mean divs will start being paid. This will obviously take a big chunk of the monthly LEO generated so using it now on CUB and staking seems like the smart play.

Another fun report to read. Thanks for all you do!!

Posted Using LeoFinance Beta

There are still airdrops coming and I can't believe there are better investments out there right now than "free" airdrop tokens.

Great point! One of which is project blank, that is going to come, when it's going to come.

Posted Using LeoFinance Beta

I have a feeling div's will pass this time as well. Fingers crossed by the time the vote result comes whatever the result is, we'll have a decent BSC wallet balance and we'll use CUB to drip into something else.

Thanks for the awesome comment

Posted Using LeoFinance Beta

All the unstaking that people are doing is making the LEO that LBI is voting with even more valuable (well that is true for everyone who is still staking). So the fact that we are staking while others are doing the opposite to fill the liquidity pools is really giving LBI an advantage.

No big deal on the pullback in value since we know what caused that. The $5,200 should be viewed as an investment into LBI's future returns. Each week some LEO will roll into the account from that project. Plus it is also a way for LBI holders, both large and small, to participate in CUB.

We will have to seriously look at Kingdoms when those go live.

What are your thoughts on them @silverstackeruk.

Posted Using LeoFinance Beta

Unstaking has never crossed my mind but now that you're mentioning, possibly there are many doing it. Not me though :)

Posted Using LeoFinance Beta

Yep and the great thing is wLEO and bLEO are included in future airdrops so people will not be pumping their LEO back into LeoFinance to get those.

Kingdoms are dens with a different payout structure. From what I've heard, the BTC, ETH and DOT dens will be moved to Kingdoms with only CUB remaining in dens. This does not really add much value to the platform in my option, all it does is create a passive income of fees for the operators. In dens, you pay the 2% deposit whether you hold it 2 days are 2 years. With auto compounding, they are generating fees for each transaction. Nothing wrong with that as 50% is used to burn CUB. My 2 cents would be to have added the farms to Kingdoms first, especially the CUB LP's as this would create a demand for CUB. Adding new kingdoms to stake BTC, ETH and DOT does not really do anything for CUB. If anything, the sheeple are more likely to sell CUB harvests just to be involved with kingdoms. I know they will add farms to kingdoms at some point, I just think it ass about-face and the CUB token price is gonna take a pounding. I hope I'm wrong.

Bu the short answer is, yeah, we'll prob get involved with Kingdoms. We can't keep compounding down 100% of CUB harvests forever and building up 1 of these token, BTC, ETH or BNB could be the ticket.

Posted Using LeoFinance Beta

Thank god that was the last comment.

Posted Using LeoFinance Beta


Your post was promoted by @taskmaster4450le

I know, i could hardly believe it myself. We might 1500 this week :)

Posted Using LeoFinance Beta