LBI earnings and holding REPORT - #32

over 2 years ago

This week's earnings have been ok. You can see from the red number, we got a double payment and this helped a bunch. The decline in earnings this week have been from LEO content down from 341 LEO last week, the weekly average is 314 LEO so 181 is very low. I think this is the first week we earned more from HIVE content compared to LEO. Curation has sort of levelled out as well, around 3-4 weeks back we were earning over 1000 LEO per week from that alone. I guess more people are powering up which is good long term. CUBlife harvested the same amount as last week but LEO has increased in price so the same CUB = less LEO (but the LEO is worth more). Everything else is sort of in the same ballpark as last week.

The top chart is this week, the bottom chart is a total of over 32 weeks.

Total LBI earnings to date are 34,728.16 LEO most of which has been powered up or converted to bLEO. I bought some UTOPIS this week to bring us in some weekly HIVE dividends, I got 500 of them. We see our earnings bouncing up and down but it's more down than up lately so we'll be needing to figure that out by introducing new streams of passive or active incomes. UTOPIS is a no brainer but we'll need others. The trending line is still up so we are still good.

I used up all the liquid LEO we had to buy 500 UTOPIS at @3.49 each. I also sent over 50% of this week's earnings (718) to @lbi-payments for this weeks dividend. Im a little worried if HIVE content rewards outperform LEO content rewards, we might have to power down some of our HIVE balance to convert to LEO, maybe this week is a one-off and we never have to cross that bridge. 15% of this week earning came from HIVE so that's 15% out of the 40% we have for investing as HIVE earnings are powered up. This is an investment in itself as we delegate our full balance to @leo.voter and it's growing nicely. 6500 in 8 months is very good I think.

You can see I have added UTOPIS to the HE wallet and we have a few more HIVEp. I updated the stable token LP to beltUSD, it looks to have grown by around $10-11 from last week so it's working. The fees on the belt platform are ridiculously expensive for BSC. So most things are up a little in dollar value but all over down a little in LEO value as LEO increased. This sounds bad but is good overall as the fund's dollar value increases. LBI has gained in value by over $8000 this week but our LEO balance is the same.

I have added UTOPIS in, you can see a small orange slither representing 1%

LBI token price
Total assets worth in LEO
302,295 LEO

Total LBI tokens circulating
227,481

LBI token price - 1.329 LEO

I have just had a thought about the LBI circulating amount and dividends. When @amr008 was putting together the code for the LBI dividends, he added in a blacklist to include @lbi-token and an account that belongs to a scammer that holds 6539 LBI tokens. https://he.dtools.dev/richlist/LBI #9. So anyway, these 2 balances total 6791.82 LBI tokens so if you are ever trying to work out the LBI token dividend APY, this should be factored in. Dividends are split between 220,689.17 LBI tokens., not 227,481.

That is week 32 for LBI. Earnings were ok, not bad but not great. Everyone should receive a dividend in a few hours from this post is uploaded, dividends payout to 3 decimals so if you hold 0.2 LBI, you might not be included, sorry but the computer says no. Because dividends have started, 10% of earnings have begun to be transferred to @spinvest. We've had 8 months and saved over 3400 LEO so had a good run. We move onto the next phase of LBI's journey. If this recent surge in crypto prices is a sign the bullrun is still on, then only good things will happen for us :)