LBI earnings and holding REPORT - #24

in LeoFinance2 months ago

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Hello, LBI'ers. This week seems to have flown in really quickly, feels like I was only writing last weeks post yesterday. It's been another good week for us but no record breakers this week, just a solid week of earnings.

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We can see that curation is a few hundred less than last week but last week we had a double payout so that explains that. Everything else is on par with last week so just curation is a little lower this week. I see that today's payment is massive so next week is off to a good start. Plus we'll get a double payment next week also so im already rubbing my hands together, hehe.

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Same as every week, I have powered up 50% of our LEO earnings and I think I'll feed this other 505 into CUBfinance this week as we skipped it last week. The HE wallet is starting to add it again and if the price of LEO dips again, that will soon be spent and powered up.

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LBI token price

Total assets worth in LEO
275,785 LEO

Total LBI tokens circulating
224,672

LBI token price - 1.22 LEO

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The LBI token has been over 1.20 LEO for a long time now and i think it's safe to say we should remain over this price. I think it would be a safe time to release the first of the content team rewards and this will not have any major impact on the price. The amount of LBI tokens to be released is ballpark 2800. That will be 700 each to the contact team and 700 reserved. The content team decided at launch to take 25% each instead of 33.3% so we have extra tokens to use for either a new contact team member are other things. Other things being maybe @amr08 for helping us set up and maintain CUBLIFE and token giveaways. We could burn them but, why? A few hundred LBI's will make no difference to the price and token giveaways could be a good incentive for some contents. Anyways, the impact to the LBI token price after content team rewards are leased is 1 cent per token so the price will drop to 1.212 LEO and then the next rewards are issued at 1.50 LEO.

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I want to re-ask my question from a week ago. I sent 7 LEO to @lbi-token without any memo. I did not get LBI token.

I am not asking for any fault here, and I don't mind if I just lost those tokens. I just want to understand if this was the right way to get LBI tokens and the correct record for getting LBI reward, so that I would user the correct to buy more LBI tokens.

Transaction: Transaction ID: 218efe95aaf2bed6750b20db8253c9433656b3e7 on 5/25th.

I really want to get more. This is why I ask this question.

Thanks in advance.

Posted Using LeoFinance Beta

LBI was hard capped, so you can't buy it from LBI, only from the market.

I'm sure the problem will get sorted soon.

Posted Using LeoFinance Beta

That explains it. Thank you much.

One more question: Does the LBI purchased from the market count toward to the weekly dividend?

Much appreciate you taking time to answer my stupid questions.

Posted Using LeoFinance Beta

No question is stupid and you're welcome.

No matter where you get your LBI from, you get the dividends. Ownership that counts.

Posted Using LeoFinance Beta

Thanks.

Posted Using LeoFinance Beta

It is a buy and hodl token which means you buy it and you hold it , as long as it is in your wallet you will get the dividends ( once the dividends start )

Posted Using LeoFinance Beta

Got it. Thanks.

Posted Using LeoFinance Beta

Refunded :)

Posted Using LeoFinance Beta

Thank You!

Posted Using LeoFinance Beta

great report. Always looking forward to it every Saturday. LBI earnings looking really good. Steady growth


Posted via proofofbrain.io

Yep, small dip from last week but no biggie, still really good earnings

Posted Using LeoFinance Beta

Yeah. Still steady that what matters. You guys are doing great with the numbers. I believe the coming week will be much better


Posted via proofofbrain.io

Nice, look like I bought LBI today in little premium today. But I read if you are in for long term, then little premium does not matter.

All the best to LBI team.

Posted Using LeoFinance Beta

You'll be happy in a few months for buying now, you'll see.

Posted Using LeoFinance Beta

Paying a little extra should not matter in a year are 2 plus when div's start the premium might increase a little.

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It looks like 1.2 might be the new floor for the value of the LBI project. Is it possible for this to drop below this? If so how would it happen?

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The lowest price LBI could drop to is 1.08 LEO. This would be if all our CUB investments were lost. I'd agree that 1.20 is the new bench mark atm as it's been hovering around this price for a few weeks already.

Posted Using LeoFinance Beta

Always a fun report to read. Slow and steady wins the race. Let's keep getting rich slowly....

Posted Using LeoFinance Beta

Yep, another week, another stake added to the pile :)

Posted Using LeoFinance Beta


Your post was promoted by @jfang003

amr008 is a very nice guy and deserves a little love in the forms of some tokens :)

Posted Using LeoFinance Beta

Yeah, it's nice to have some extra for things like this. We'll think of others ways to distribute them for the coming years.

Posted Using LeoFinance Beta

Hehe thanks a lot buddy :)

Posted Using LeoFinance Beta

It's amazing how much LEO and Hive content and curation can bring us. Having a big stake is a huge advantage. The project is till looking great and I'm glad I'm a token holder.

Thanks again SSUK!

Posted Using LeoFinance Beta

Posting daily helps and Hetty's posts are really good so we're lucky to have her for that. Taskmaster4450 is the curation wizard and keeps the VP in perfect range. Anything seems to be working well together and with the support of the LEO community, we're turning into a solid project.

Thank you for your support :)

Posted Using LeoFinance Beta

Give those precious tokens to precious @amr008 :))

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Thanks @finguru :p

Happy to be a part of all this.

Posted Using LeoFinance Beta

LBI is compounding hard. When dividends start paying out in few months time, it's gonna be dripping. I'm just holding these passive income streams and let them compound.

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