LBI earnings and holding REPORT | Year 03 | Week 18

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.

Very short on time this weekend. I have some family stuff to sort out, all is good but just pressed for time.

Earning this week looks about right for what we've been earning the past few weeks as LEOs' price increases.

The allover market is sideways the past week and LEO is up around 10% so the fund is worth less LEO and the LBI token prices take another dip to 2.5 LEO each. This is all good, the fund is worth less LEO because of our nonLEO assets but overall teh fund is worth more $'s so we take a chop in 1 place and gain in another.

Thank you taking the time to read the report, i wish you a fantastic week ahead.

Get LBI on LeoDex - https://leodex.io/market/LBI
Get LBI on Hive-engine - https://hive-engine.com/?p=market&t=LBI