Move over XPOLYCUB - LBI = xLEO

lbi-token (76)in LeoFinance • 4 years ago

Hello LeoFinance. Everyone talking about polyCUB and its XpolyCUB vault and how great it is. I agree that XpolyCUB is a great token, maybe one of the best I've ever seen a farm release and these words dont come lightly as I've been very public about why not to hold farm tokens but this one is different so far. I guess technically it's not a farm token because you dont yield it but it's in that ballpark as its value is connected solely to the number of polyCUBs it's being traded for and the price of polyCUB.

Anyways, this post is not to explain XpolyCUB, that's been done to death already over the past few weeks, today's post is about how Khal stole the idea from LBI. That's right I said it, I said it with chest as well. LBI is basically xLEO when you think about it. Investors invest in LEO, LBI uses that LEO to make more LEO and the LEO price of the LBI tokens increases. It all makes sense now, this is why Khal never invested in LBI or checks out its posts, he has been planning this the whole time. I thought he never liked the project, i thought he thought it was shit didn't like someone building a project on top of his but of course now..., this makes complete sense. He saw the model and thought "GENIUS", im gonna build that into a defi platform. Have investors stake polyCUB into XpolyCUB and share the earnings from 50% fines to increase the XpolyCUB's polyCUB price. It's practically the same thing as LBI does on LeoFinance with a few differences buts it's the same thing. We should not accept any compensation because we are all about taking others' ideas and tweaking them, improving them and adding to the advancement of crypto technology.

Anyways, they get more serious, when you think about LBI tokens are sorta like xLEO tokens because of it's model and how the fund is managed. Shout out to @forexbrokr who left the comment last week with 3 words "LBI is xLEO". Of course, its clicks and makes sense right away and I thought, great title for a post and here we are reading about me making fun of Khal for ripping off LBI's model. Jokes, of course, i need to fill words in and making taking swings at teh guy that makes it all possible is a little cheeky but makes good content. The title explains itself and I cant post less than 500 words so gotta write something.

LBI = xLEO

LBI's base value is based on LEO. All our weekly reports are displayed in LEO, our targets and incentives are based on LEO, tokens were issued in exchange for LEO only so were 100% an LEO token and the first LEO based/backed token not released by LeoFinance to add a cherry on top. Our goal is to increase the value of the fund through active and passive investments. Currently, most of our income and growth comes from active incomes but we are 15 months old and we dont really got funds for proper passive incomes just yet, maybe 1 more market cycle will get us onto that train. Our biggest earner at the minute is polyCUB but this is not income money, this is growth money. I mean to say our biggest income earner is LEO curation, followed by content on HIVE, content on LEO and then 4-5 others smaller incomes. We pull in 1800-2000 LEO per week so we do ok, it could be better but we do ok.

LBI can not compete with XpolyCUB in terms of ROI because they are 2 very different tokens sharing 2 fundamental key traits.

1 - They are both fully backed by underlying assets. XpolyCUB is 100% backed by polyCUB and LBI is 100% backed by roughly 66% LEO and 33% other cryptos. Those that know me no I have a boner for backed projects/tokens so I really like this about XpolyCUB.

2 - The goal of both is to increase the value of their token by increasing the number of tokens backing it. Most tokens are trying to increase dollar value, of course, both LBI and I assume XpolyCUB want to increase in dollar value but they do that by increasing the underlying assets instead of a good marketing plan and hype. LBI's long term goal is to increase the LEO value by earning LEO through creating content, sub-projects (CUBlife) and making savvy investments. XpolyCUB increases its polyCUB supply from the 50% fines collected from early harvests and inflation.

These are the sorts of projects we need more of in crypto and on HIVE. Too much BS going around built on nothing, promises, sweet words and false hope. Why do we need more tokens like these? because we can see what they do, we can see the value and how it's added. Khal pushes his stuff pretty hard, the guy makes 4 announcements a day on discord, does posts, AMA's, videos, Twitter, interviews and prob tons of stuff we dont see so he's a shiller for sure but, and this is important but, but I can see that the polyCUB price of XpolyCUB is increasing and know the polyCUB is there to back that price because I understand were the polyCUB comes from the back it. I can view the wallet on the blockchain and I can see it works and that is important. It's not gonna do whatever in 6 months time, it's doing what's supposed to do already. The proof is in the pudding and the pudding is very sweet indeed.

In crypto, we are mostly investing in an idea as most crypto dont really do that much. The founders and team will say it'll do great things, change the world, drive adoption, provide the best APY's, meetings with big important real-world business people have been set up, they are gonna spend x amount on marketing and they sell a nice package but most will turn into nothing, we've all seen a token pump like crazy for a few months cause it's an ETH killer are something and 6 months later they are forgotten about as it's replaced with the next one.

With tokens like LBI, XpolyCUB and others I manage, we can see how they work. If you had no knowledge of CUBfinance and you found polyCUB just by chance and you were to only watch the XpolyCUB vault for a few weeks, you would see the polyCUB price increase each day and you would understand why because it's detailed at the bottom of the page. You see it in action doing what it is supposed to do, not what somebody says it does are will do in future, you can see it right now. With LBI, the same thing, you never heard it and one day find a post. You check the next few weekly reports and see how it works and see it in action. Nice and easy, seeing is believing.

So I hope you enjoyed today's post about LBI being xLEO (which it is) and me rambling on. We are all pushing hard on polyCUB when you're converting some of those profits into LEO, dont forget about LBI tokens and all the advantages token holders have just by passively holding them, no staking is required to require weekly LEO dividends and most of the time, the only way is up baby. Thanks for checking out the post, I hope you enjoyed it, want for a little humour at the start there. Have a geat rest of your day folks and feel blessed to be involved with xLEO 😎🤑

Move over XPOLYCUB - LBI = xLEO

LBI = xLEO

You have received a 1UP from @flauwy!