LBI earnings and holding REPORT - #19

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Hello LBIer's, another week is over for us and it's been a great week. We announced our new token project CUBLIFE which will launch in 3 weeks time. Check out yesterdays post for full details on that. We have 1 week left before the LBI token hardcap happens so this week is the last week you'll have to get tokens directly from @lbi-token which are being sold at 1.20 LEO. After the hardcap, investors will still be able to buy from the exchanges but there will not be any new-minted tokens issued.

Let's take a look at this week's earnings

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Curation rewards are really killing it and they will continue to increase as we power up more and more LEO. One thing I noticed this week is HIVE content rewards are a lot higher than normal. This has always been around 70-100 LEO's worth per week but as LEO is trading for under 1 HIVE again, rewards in HIVE are worth more LEO and this is why we get the sudden jump to 158 LEO this week. We see also reflected in earning from leo.voter. Leo content has remained very stable the past few weeks and curation is bringing in a little more.

It has been a great week overall with earnings of 1274 LEO, 50% of which has been transferred to bLEO with the other half being powered up.

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Total earnings to date are 21,507 LEO. We had 2 back to back new time high earning weeks in a row and this week's earnings are still above the weekly average so we are still winning. If we take a few numbers like this week's earnings and times is by 52 weeks, we get 66,248. There are around 223,000 tokens issued and this represents a 29.7% growth per year. When dividends start, that's roughly 15% toward dividends and 15% back into growth. Of course, none of these factors in our off-platform investment and its growth. The target is 20% as 20 is plenty but we'll take 29% as well and than aim higher.

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This week again, we transferred 50% of earnings to bLEO and powered the rest up. We have issued a few tokens this week so I decided to power all them LEO's up as well. We powered up around 2400 LEO bringing us closer to 250,000.

Our CUB wallet has grown in both dollars and LEO this week which is the way we like it. The bLEO/BNB LP is performing great and has exploded this week due to BNB going mad and LEO increasing a few per cent on last week. We are still growing the CUB/BNB LP into our second biggest holding, getting there slowly as each week passes and compounding is working so for. I would guess with the next few weeks the CUB/BNB LP will overtake our CUB den holdings in dollar value. The growth chart is looking amazing and I'm waiting for something to happen to create a big dip. I hope it never comes.

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Another week and another 1% of the fund's allocation has switched from Staked LEO to BSC LP's. After CUBLIFE is released, we'll see a small change and staked LEO will pull back 1-2% as some of the BSC funds are transferred to @cublife.

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LBI token price
Total assets worth in LEO
273,567.07 LEO

Total LBI tokens circulating
223,532.20

LBI token price - 1.22 LEO

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That's the week folks, It's been another week. The LBI token price is sitting at 1.22 LEO and we are in the middle of a bull run year. We'd need to mess up royally to not make a killing the rest of the year. Dont forget, the LBI token is hard capping next week on the 7th and you can buy them for 1.20 LEO directly until this happens so you can get them at a small discount.

Thank you for reading through this week report, i hope you found it interesting and you are happy with the numbers.

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36 comments
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What does the exchanges portion in the holdings allocation mean? Was this added for the Cub Life token?

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Another great report which I always enjoy reading. Yes a few more days to get some more LBI's and I most certainly will. Thanks to you and the team fordoing this.

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Steady as she goes, very happy with the numbers. Interesting what the hard cap will do in a week

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Dont think it'll do that much but we'll have to wait and see :)

Thanks for checking out the post

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Not at first, maybe long term it will. We'll see indeed, thanks for making this possible!

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Glad to see lbi keeping it above the 1k weekly earning mark. Breaking the ath for earning back to back is great. We're moving. Thanks for the report

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Where do you see earnings growth after the Dividends kick in, will growth slow down a little or will it be hardly noticeable since we have had a good start?

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I would expect growth to slow down as we'd be going from reinvesting 100% of earnings down to 40%. Hopefully, by the time this comes around, we'll have a decent-sized CUB.finance wallet and we can use it as a launchpad for other off-platform investments.

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Still a nice solid foundational starting point, and even with the dividends still growth potential that is good.

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Howdy. I have asked this question before but haven't received a definitive answer so hopefully can get some clarity this time.... What are the rules around receiving votes from the @lbi-token account for investors? Is there a proportional vote for LBI tokens held or are votes just randomly given out to anyone? I know not everyone posts as an author, but I am sure it would be a wiser investment to be upvoting LBI token holders first and foremost (if their content doesn't breach upvote guidelines). That way, whilst dividends are not being paid out, investors are still receiving a return on their investment now. I'd like to hear if this is a viable solution. Actually, let me make a post and put it out there as a proposal to the community.

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No upvotes are given out to comments and posts that are beneficial to Leofinance.

Standing in LBI is not even considered.

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LOL Is this a joke?

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No why would you think it’s a joke? Couldn’t this bring some return on investment for LBI holders? If the community thinks it’s a joke then fair enough.

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This is circle-jerk territory you're talking about. Leo (and LBI) is about engagement by the entire community and not about trying to "steal" from the rewards pool to enrich ourselves while lessening rewards for others. The curation rewards are doled out to quality comments and posts by whoever happens to create them. As he said, LBI investment is not even considered as a criteria, nor should it be. Make quality comments in enough places on LeoFinance and you'll get some votes. Not just from LBI, but lots of others as well.

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Looking forward to seeing that ratio of LBI:Leo skyrocket over the next few months

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Could be fun :) We'll do our best to reduce risk along the way and keep growing.

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That's always a great goal to keep in mind. Looking forward to seeing what you come up with

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Congratulations @lbi-token! You received a personal badge!

You powered-up at least 50 HP on Hive Power Up Day! This entitles you to a level 2 badge
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out the last post from @hivebuzz:

Hive Power Up Day - May 1st 2021 - Hive Power Delegation
Support the HiveBuzz project. Vote for our proposal!
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Another great week. I'm not going to lie, I am thoroughly looking forward to dividends starting to pay out. If and when that vote happens, I will definitely be in favor of paying them out.

I am also looking forward to the day we quit selling Leo into the market. I get why we're doing it (I've done it too)....to get more Cub and BNB.....but it is a little bit of a drag on the Leo price. And the Cub price as well. Like I said, I understand it and I agree with it, I'll just be happier when the dividends get paid and the amount lessens dramatically.

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I have 2 questions:

  1. When the dividends will start paying out?
  2. Are you reporting somewhere off-chain investments for LBI?

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  1. Dividends will be voted upon in a couple months. If the community votes for them to be distributed, they will.

  2. Those numbers are in the table of off chain investments.

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