You are viewing a single comment's thread from:

RE: Leo Talk 3/03/2021 -Come Join Our Chat

in LeoFinance4 years ago

You need not buy it from the HE market . Just send LEO directly to @lbi-token to get LBI back .

1.1 LEO = 1 LBI at the moment .

All the LEO is staked and curated + they also post contents which earn LEO . The dividends aren't being paid yet but they will be in future .

Posted Using LeoFinance Beta

Sort:  

They also post content which earn leo
Meaning, when I create with LBI, it's possible I get Leo token rewards?

Posted Using LeoFinance Beta

No. LBI is the name of a token and not a community/tribe. The primary focus of LBI is in the LEO community so it posts there to generate LEO. This LEO, along with the curated LEO, will then be partially staked and the rest as dividends to the token holders.

Posted Using LeoFinance Beta

Means when you buy and hold LBI you will get LEO dividends ( the community voted for postponing of the leo dividends payment to holders in order to build a strong LEO foundation for the @lbi-token account ) .

Posted Using LeoFinance Beta

Just like being a shareholder in a company

Posted Using LeoFinance Beta

By getting LBI you are effectively buying into a fund whereby the value of the LBI token is backed by activity that earns LEO.

So you have people curating and posting each day which generates LEO for LBI. These tokens are then staked, for more curation returns, or invested elsewhere, such as the upcoming project with CubFinance.

As a token holder, you benefit from that.

Posted Using LeoFinance Beta

@taskmaster4450le so it means that buying the LBI token is a smart thing to do because you can use that to be earning the wonderful LEO token too....

Posted Using LeoFinance Beta

It automates the earning process. LBI combines activity with passive investing to grow the value of the tokens.

Posted Using LeoFinance Beta

which is the best way to grow the LEO token..

Posted Using LeoFinance Beta

You got it right . If you plan to earn LEO for a long time then buying and holding LBI will be a smart option.

Posted Using LeoFinance Beta

Wow, it is good to make enquiries, I would have watched these opportunity by pass

Posted Using LeoFinance Beta

You can learn a lot about Hive and Leo simply by reading comments and following what is suggested.

There is obviously a lot of wisdom in Leofinance posts but we try to add to it in the comment section.

Posted Using LeoFinance Beta