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RE: LBI earnings and holding REPORT | Year 03 | Week 38

in #leo8 months ago

There are two things we need to address :

We're missing out on alot of potential income by not posting content like we used to.

We need to find authors - maybe let's create a post encouraging people to write articles for LBI in return for a share of this article payout. Even if we did 50-50 we still be on the positive side of the ledger because now we earn nought from this content. I guess there would be few people interested in such collab.

The second thing is

When it happens, it happens but needs LEO's price to do something positive.

I don't think that anything positive would come out of Leo's current engagement. I wish nothing but the best for them and me, but i don't see these spam zealy campaigns bring any good. On the other hand there's one thing we can do - make Leofinance team do something about CUB.
I think, the LBI has enough of Leos and CUBs to influence Khal to deliver.
I'm sure you all know, that Multi Token Bridge has been switched off with their arbitrage (no cub burns). This is one thing, the other is they have depended bHBD of HBD and put all into HBD savings.
What will happen to interests made out of it? Nobody knows.
Let's make them tell the community what are they going to do with that money (made out of our money).
The current situation puts whole project ar risk because a significant part of our wallet (bHBD) is backed by nothing against what's stated in the white paper

@taskmaster4450 @silverstackeruk

This is my last post about it
https://hive.blog/hive-167922/@jocieprosza/cubathy-do-you-have-any-bhbd-or-cub

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I agree on the content. LBI get decent earnings and 50/50 sounds pretty fair.

There's little they can do with CUB, the only thing they can do is launch another one. LBI has zero influence with Khal, he knows LBI exists but has never dropped a comment on any post. Well, 1 post when i wrote about LEO's 45% inflation for 2022.

So bHBD are not pegged to 1 HBD? I never knew about that.

Thanks for your feedback, i wish i had 20 other investors like you in LBI.

So bHBD are not pegged to 1 HBD? I never knew about that.

Me neither, until I read this post by @lordbutterfly
https://hive.blog/hive-167922/@lordbutterfly/splinterlands-dao-500k-hbd-purchase-proposal-not-passing

Despite docs at Cubdefi.com still claiming it's pegged 1:1. When I contacted the team they all claimed hbd gets repegged when new MTB will be set up.

LBI has zero influence with Khal, he knows LBI exists

I don't think this is how how SocialFi should look like. LBI is a major stakeholder, so it should be heard (at least). Additionally, you are followed by other major ones. What if we, the LBI, decided to sell all our Leo and bHBD tokens? This would certainly mess with their plans. I guess this all entitles us ti receive answers and public obligations - I'd love Khal to promise the HBD interests to be used into cub arbitration mechanism or simply to burn cub.

https://wallet.hive.blog/@bnb-hbd/transfers