Estimated LBI token dividend APY - Starting this Saturday 😁🤑💰💸

Hello, LBIer's. Today we will take a quick look into the starting this Saturday, LBI dividends. LBI tokens launched around 7 months ago and until now, 100% of LEO earning's have been reinvested into either powering up are the bLEO/BNB LP on CUBfinance. I'd say ballpark, 70-75% of earnings have been powered up and 25-30% were converted to bLEO. We've not really done much else but this was the plan so we could build a solid foundation. We have 250,000 LEO staked and around $9,000 on CUBfinace in various cryptos that are compounding down nicely in kingdoms. I would say we are prepared to handle weekly dividends.

I would have liked another 3-6,...15 months of 100% growth but 3 votes and 7 months is a good result as well. Now the div's are starting, I can say as I please as it has no impact, lol. Our weekly earnings are good enough, all we need is the price of LEO to recover to over 50 cents and we'll be laughing all the way to the bank as we stack fat wads of crypto magic beans that will make us rich in 2025. So, our weekly earnings are strong enough at the minute to support a decent dividend and leave enough for some growth. Earning will from this Saturday be split, 50% to dividends, 40% to reinvest and 10% to the spinvest account. We've saved 3,472.82 LEO from the no payment until dividends start incentive. Our CUBfinance wallet is doing its thing and if the bullrun is not over, it'll soon be back to its glory days of $20k are maybe more cause we've been adding since the last peak.

You are probably looking to know how much the dividend will be for so let's have a look together. I've worked it out ballpark but not properly yet so im learning here as well. We'll work out 2 percentages. 1 based on the weekly average and the other based on last weeks reported earnings.

LBI tokens in circulation - 227,481.08

Average weekly earnings
This number is 1,315.28 LEO
50% of this is 657.64 LEO
This divided by the circulating supply equals 0.00289 LEO
Owning 100 LBI's would payout 0.28 LEO
0.28 multiplied by 52.18 weeks in a year equals 14.61 LEO
Each LBI token is worth 1.30 LEO so 100 tokens equal 130 LEO
14.61 LEO divided by 130 LEO's worth of LBI tokens gives the magic number...
11.24%

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Last reported weekly earnings
This number is 1,511.57 LEO
50% of this is 755.785 LEO
This divided by the circulating supply equals 0.00332 LEO
Owning 100 LBI's would payout 0.33 LEO
0.28 multiplied by 52.18 weeks in a year equals 17.33 LEO
Each LBI token is worth 1.30 LEO so 100 tokens equal 130 LEO
14.61 LEO divided by 130 LEO's worth of LBI tokens gives the magic number...
13.33%

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There you have it, this is how dividends are worked out. Not too bad plus @lbi-token holds a few hundred LBI tokens that are excluded from receiving dividends, yep, we blacklisted ourselves. So the percentage is a tiny little bit higher than shown above. The more we can earn from creating new projects, curating and content, the higher this dividend will be. I think I should say that we're not here to milk LeoFinance, we're here to add value. CUBlife being an example.

I am just seeing that LEO has joined the party with HIVE and is up 50% as well so LBI has just gained around $37,000 within the past 24 hours. That is almost 1 full BTC of growth in under a day. LEO back to $1? Yes, please. Of course, this is all paper profits as we have no plans to sell but nice to see all the same.

Today's LBI token price is 1.299 LEO which looks strange to me from running SPI for so long. I'll explain why.

Because SPI funds are pretty much 50/50 splits between on (HIVE) and off (HIVE)-platform, a large price jump for HIVE results in the SPI token being worth less in HIVE but worth more in dollars. SPI is worth around 450,000 HIVE and we have around 94,347.30 HIVE between 2 wallets. The lowest HIVE price SPI tokens can ever go based on its circulating supply of 94,408.08 is 0.999 HIVE.

LBI on the other hand is worth 300.622.21 LEO at the time of writing with 250,302.48 LEO powered up. When the price of LEO pumps, LBI will not lose that much LEO value and will also gain in dollar value. The lowest price an LBI token can be is 1.10 LEO so if you ever see them cheaper, buy them cause you can't lose.

This might sound strange but we want the LBI token price to be less LEO. Sounds backwards but for this to happen, the price of LEO would need to the moon and I mean really moon to the point where our off-platform represent under a single percentage of the total fund. LBI going to 1.10 LEO is the dream because that's the signal for Lambo time.

Infact the numbers are not that huge, I've just checked on the spreadsheet. Here are a few examples to show you what the price of LBI tokens would be if LEO were worth.....

$1 LEO

$2 LEO

$5 LEO

$10 LEO

$100 LEO

The price of LEO needs to be worth millions of dollars for us to hit our lowest possible LEO value. You see it's slowed way down between $10 and $100 and the LBI token price would become stable as a 10% jump are dump between say $70 and $80 would have little to almost no effect on the LBI LEO token value. The effect can be seen in terms of dollars but the token would become stable. Im daydreaming but Khal has big plans and it could happen, maybe.

So that's is today's post, I dont wanna be wrecking your head with a bunch of numbers that dont really mean a lot. Just me playing about with spreadsheets and thought could be an interesting share to a few.

There we have it, the weekly div's will be between 11-14% APY paid out in LEO every Saturday evening at 9 pm GMT time. I thought I'd put this post out as I'll not go into as much detail on Saturdays report and im sure a few are waiting to see how they are worked out.

Thank you for reading through today post, I hope you have learnt a few small things and are happy with the results. Have a great day

Posted Using LeoFinance ^Beta