LBI earnings and holding REPORT | Year 02 | Week 37

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.

Earning are good this week, we are back up to a full week of content and this shows as 50% of this week's income came from HIVE contact rewards. At a quick glance this is the 2nd best week we've ever had so well done everyone that upvoted our posts. We had a double LEO payday on Wednesday which was nice and helped us to earn over 400 LEO from curation. Earnings from CUBlife are down and no payout from UTOPIS this week as our tokens are on the market for sale.

We finish this week a negative LEO balance. This is because we had no HIVE power down come in this week and our LEO earnings are not enough to payout the weekly dividend and operators fee. When 56% of our income comes from HP, it's hard to pay out 50% as LEO dividends to token holders. We need to add another 20 HP and then I will start the next powerdown that will pay out 100 HIVE per week. This will help as I can convert some of these into LEO each week for dividends.

When we pay out our liquid income as dividends, is LBI still a growth token or income token? Im is not sure anymore. I have expressed my dislike for dividends many times in the past so I accept it for what it is now.

Defi holdings are holding up better and most with improved from last week. The market has been going sort of sideways but we show as a positive because LEO is down a little. I will be chopping the bLEO/BNB LP in half within the next 2-3 hours and reallocating it to the bHBD/BUSD LP because i feel the bear market will take control of the markets after the ETH merge FOMO dies plus the APY is almost double.

The LBI token price is back up to 2.16 LEO which is cool and the fund is worth over 500k LEO. Overall on paper, we've had a good week. Earnings are high and the token price is matching its all-time high.

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

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