LBI earnings and holding REPORT - #4

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Authored by @silverstackeruk

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Week 4

EARNINGS

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Folks, we have had another good week, we came up about 24 LEO short on last week but that's ok and there is nothing wrong with that as content rewards were high last week. LEO curation rewards are a little higher this week compared to last and this is important, content rewards will go and up and down but curation rewards should be much more consistent. Last week we earned 704 LEO from curation last week and 766 LEO this week. We are on the right path and to be honest, anything over 1000 LEO is good as this represents just under 0.5% of growth per week.

You will see int he table above, we have added in "HIVE CURATION". @taskmaster4450 promoted an idea a few weeks back which has seen the @lbi-token HIVE wallet receive 10k worth of HP delegations. Please check that post out here. We can see the earnings are small but 4.8 LEO is 10x more than we are getting from leo.voter. It all adds up and fingers crossed, compounds and grows over time.

1130 LEO is good earnings worth around 4000 HIVE give are take 100. When it comes time to start investing into the wLEO LP, we should beable to cash out 50% of this and powerup the other 50%. While we are not paying out weekly dividends to LBI token holders for at least the next 10 weeks we should go heavy on the wLEO LP, if not just to save on ETH fees. If we started in February to save for an LP investment, we could save around 2000 LEO in 4 weeks worth about $1000 if the price stays as is. This investment would only represent 1% of our assets.

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If you squint your eyes hard enough you can just see earnings are down on last week. This week im gonna talk about the red line cause it's pointing up. The trending line is the important one to watch, weekly earnings can fluctuate but we aim to keep this trending line heading northward bound.

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Last week content was 35% and curation was 61%. We already know that curation rewards this week were roughly the same as last week but because content earning has not been as good, they show as a smaller percentage this week. We want that content percentage to increase against curation. Curation rewards are consistentish at 100 LEO a day.

Someone last week questioned why we would our content earnings to be a higher percentage

In an extreme example

LEO Curation rewards are 10% of LBI's earning and content is 90%. We know that LBI produces 100 LEO per day from curation from its 200k LP balance. So if 10% of earnings equal 100 LEO per day, then the other 90% would have to represent 900 LEO. Curation rewards are consistent, the higher the content percentage, the higher our overall earnings. I hope that makes sense, im not the best at explaining things sometimes.

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Total numbers are 4582 LEO earned to date so we will have earned more then 5000 by this time next week, than we aim for 10k :) Pointless targets we all know we are gonna hit but worth mentioning all the same as i try to fill 1000 words. lol. Half way there which is prefect timing because we are looking into holding now.

Holdings

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So, everything looks the same as last week but the number a little higher. Our total assets (LeoPower) is worth over $100,000 which is awesome. In fact, if we look into it a little, we can see that by powering up 100% of earnings until now has actually pushed us over the $100k mark. We have issued $99,275 worth of LBI tokens and earned $2205 worth of LEO so we sorta did it ourselves, haha.

We will continue to power up all earnings until the end of January as planned and then decrease this amount to 50% in February with the other 50% being reserved to get us into the wLEO LP.

Same last week but little higher numbers, not much to look at.
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Nice straight trending line on growth. While we are only invested in LeoPower, this line can never go down because LEO is our base currency. It's like if you put $1000 into a savings account that pays 5% per year, you would expect that balance to only increase because your earning interest. Same thing with LBI and LEO. While we are invested only into LeoPower and we earn LEO every day and our token is valued in LEO, the price can only go up.

This is how our model is set up to succeed. It's basically, you give us a token and we'll use your token to earn more of that token so that the token we give you is worth more of the token you gave us in the first place.

Until we make off-platform investments, we can't lose, it's not in the model. It's not possible and even when we do start investing into other things, they will be small investments of 1-2% of our total assets meaning not that much of an impact if poo hits the fan on 1 of them. Nice straight trending line on growth is all we should care about, not so much the numbers behind the line, as long as it's up.

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LBI TOKEN PRICE
Total assets worth in LEO
207,952.20 LEO

Total LBI tokens circulating
203,275.12

LBI token price - 1.0231 LEO

Roundup

Another good folks, we are doing well with curation, our content is getting read and the comments are amazing, i dont think we released a post yet that has had under 10 comments, most of the time it's 15-30 comments per post which is almost GOAT status, not yet as at the end of the day, LBI is still the new kid on the block and establishing itself.

We still need to push to get LBI into more wallets somehow and apart of giving them away for free by a massive airdrop, im not sure. Any such airdrop would need to be funded from earnings already made so sorta liquidates everyone tokens. Maybe we are ok as we are and we dont need to push it harder to more people. People that have invested have done so because they are aware of the project because they are active on LeoFinanace. LBI posts are always in the trending section so anyone that use's LeoFinance will have at least seen those posts, if only the title and thumbnail pic. Anyways, this could be a post in itself.

Thank you, everyone, for another fantastic week with LBI. I hope you have enjoyed looking through this week's earnings and holding report. Dont be shy with the upvote bottom feel free to re post this to show all your followers what you're involved with.

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46 comments
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Thanks for the update. As they say in the stock market, the trend is your friend so let's try to keep that red line pointing up.

Does the LBI project hold any miners? I can see in the earnings to date that there is a section for LEO Miners but it must be too small for it to be seen on the chart.

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No miners at this point. It is something that we put on there because it was of interest.

Depending upon how the airdrop works, we might look into adding more miners for the microblogging token.

There are a lot of possibilities and with the rollouts out of Leo coming upon us, we will have a lot to navigate.

For now, we just keep trying to grow each week and increase the value.

2.3% in 4 weeks. Not a bad start.

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Great Report, Thanks a lot!
I only have a comment about the future investments ranging 1-2% of the stash. I understand that managing a fund is typically associated to this kind of scatter, say having 40 different investments, but I would like to share this piece:

https://www.forbes.com/sites/karlkaufman/2018/07/24/heres-why-warren-buffett-and-other-great-investors-dont-diversify/

To consider. There are quite a lot of other works about it: Concentrate if you want to generate, diversify if you want to protect. This said, I understand that the core value of this project is to "Make slow rich", so the latter probably makes more sense. It seems that I'm saying both things at the same time, but I just want to point that if at some time we need to decide about capital allocation (probably will be a recurrent poll each time we start investing in projects), my vote will be always towards, let's say, having a dozen of good bets versus 25 small bets.

Hope this rant makes sense, haha!

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Anything off-platform will be time tested. We could end up with 20 investments but i guess 95% of the fund value will be in only 3-4 of those investments. The 1% is just how much our 1st investment into wLEO LP will be for. I think we would be aiming for 10%+ of the fund in the wLEO LP, the 1% is just a starter.

plus, im too lazy to manage 30-40 small investments when we can earn the same, more consistently and have better liquidity on our holdings with the bigger holding of better investments :)

I not really sure if I answered you are not, I think you were asking about it only being 1%.

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(Edited)

Haha no, I think I explained myself bad, sorry for the confusion, English is not my native language.

I meant precisely what you said; the aim should be to have let's say a dozen of different investments only, and from those, 2 or 3 will provide 80% of revenue.

It's Pareto Rule all the way ^_^

I think we have the same approach. Thanks for your comments and sorry for the misunderstanding, sometimes I construct really messy paragraphs, haha

8020rule.jpg

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This is all still good as growth is steadily going up and the more we have the more curation we make. Soon we will see the 100 Leo figure increase week by week and will make up for the shortfall in post rewards. I don't think an airdrop is a great idea personally and not something I would support. Everyone has the chance to be involved so they need to sacrifice some precious Leo to be involved.
Just want to say thanks to you and your team for what you are doing as this is fun to be a part of something we know is going to do really well.

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Yep, steady as she goes.

The airdrop will come and go, could be months away still.

Thanks for checking out the report and dropping a nice comment.

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WOOHOO - one week closer to retirement - 100,000 to go ...

just kidding - i sure hope it's less than 100k more weeks - I just keep chunking along with my daily pennies and stacking LEO

I am getting to close to getting some more LBI and powering up some more LEO - I'm sure my next 25 will be the 25 that send us to the MOON - LOL

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100k until retirement, you must be young :)

We're headed to the moon on Lionbacking on LEO :)

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You will see int he table above, we have added in "HIVE CURATION".

We can see the earnings are small but 4.8 LEO is 10x more than we are getting from leo.voter. It all adds up and fingers crossed, compounds and grows over time.

I'm currently doing both at small amounts. Sounds like it would be better to just delegate it all to @lbi-token?

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Sooo, I still dont really understand what LBI does. I already read another post and I only understand trainstation....

Is LBI just another Token on Top of Leo that functions similar or is it more of a curated community where the contribution are stacked on the curating account?

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LBI is a token on Hive Engine that is a fund people get involved with. Each LBI, right now, costs 1 LEO. The LEO that comes in is powered up and used to curate. This, in addition to the posts, generate a revenue stream that provides the value of the token.

Over time, we will move into some other assets. This is modeled after @spinvest if you want to check out that account.

Those tokens started at 1 Hive and are now worth about 7 Hive...we did that in just under 2 years.

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OK, I was thinking for a moment that you are the pendant to @steembasicincome you know like Leo Basic Income....

Anyways I might look into it, Im kinda hot in investing small amounts (~100$) in risky/promising projects. So I might get some, but I would also like to have us a little more LP myself.

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Mathematical, if there is no powerdown happening, there is no loss, even if we invest outside of the LEO world. It might happen that an investment is off, but the base value of 1LBI=1LEO will be always there.

The ETH needed for stacking will be purchased from the liquid rewards?

Thanks for the update and keep the posts coming out so that we can upvote them!

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Yes, all investments will be made with liquid rewards. The LP balance will never be powered down.

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As mentioned guys, don't be shy with upvote, you're benefiting from both sides of the curation.

We still need to push to get LBI into more wallets somehow

Do you need to attract more wallets or more funds ?
Is 250k the first target to reach ?

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The first target was 100K. We hit that easily.

The next level we would like to hit is 250K. The key is to get more people involved so that is where the wallets enter the picture.

If we can get another 100 wallets added to what we have, that would be great.

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All coming along quite nicely I see. Thanks again for making the magic happen behind the scenes.

I'm still looking forward to getting that sweet wLEO exposure :)

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Thanks for stopping by, things are going nicely and we're looking forward to getting into wLEO. Sorta boring just powering everything up, haha

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We need to implement a clear HE tokens policy, IMHO. Especially on tribes tokens.
Approach to HE earnings and the selection of tags used in our reports. I feel like I don't like lassecash and would rather we used archon
I would also drop using news and crypto tag and used aeneas and bilpcoin to maximise the income. Aren't we all here for it? 😜

An idea 💡
Let's make an offer to HE tribes, invest as a tribe in LBI and we will use your tags in reports and other posts (if the topic is right). And we will stake some of your token (not dump it completely). Staking is better than not using tag at all.

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That is an interesting idea.

The problem is that most H-E tokens are flailing. We are trying to increase the value of our holdings. Sadly, the confidence in a lot of the projects is not great.

By forcing LBI to hold the tokens, we could get caught up in a collapse. While supporting other projects is fine, we have a primary responsibility to the token holders to find those projects that excel thus helping the value.

Plus we are dedicated to Leo, meaning we want to utilize whatever opportunities that provides first.

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By forcing LBI to hold the tokens, we could get caught up in a collapse

I'm not talking about buying any other tokens with our funds. It's just about staking or I would rather describe it as "we will not unstake your token", at least some part of it.

Sadly, the confidence in a lot of the projects is not great.

Yes, that is true. But it is a form of quid pro quo. We will give you a credit of trust and we invite you to invest in our enterprise, which can be fruitious for your tribe - you can use dividents to buy and burn your token

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Congratulations, another great week!
I think the Leo airdrop is the reason people are holding Leo and may postpone investing in LBl. I'm trying to do both in the same time to be able to grow both my stakes. I have a couple of ideas in mind, let me see what I can do to raise awareness.

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Thanks for stopping by and checking out this weeks report. I see you doing your daily buys :)

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Yes, that's the only way in my opinion, we need to grow now, when the price is low :)

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I am also holding back as long as possible but now trying to divert other funds LBIs way. I figure LBI having my airdrops is a win win

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Any airdrops that come in will help the value of the LBI token. We will also be setting up projects to try and leverage the tokens for greater gain once we know the details of the tokens and what it is all about.

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Every post published by @lbi-token is always very interesting to read and comment on. I really like reading the posts you publish and I always try to comment because it is a pleasure for me!

Keep it up!

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Thank you,

The content team work hard to produce decent content, not the best but worthy of not being called a shitpost, haha.

Thank you for your support and kind words.

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Any plans on when you will start buying LEOM and LEOMM?

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They are too expensive. We know the return on miners and right now, they cost too much. I am always watching the prices and when the time comes and the price is right, we'll buy some.

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Wow, awesome to see that things are chugging along so well. I am really glad that I took the chance on LBI. It seems like it is going to be a really great investment!

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I read the post again and am a bit shocked.

We still need to push to get LBI into more wallets somehow and apart of giving them away for free by a massive airdrop, im not sure. Any such airdrop would need to be funded from earnings already made so sorta liquidates everyone tokens.

I agree, we need more LBI in more wallets, but airdropping is the last you want to do.

Those who understand the project has already joined and topping up their stake every day. Those who don't know yet, will know soon and if they want to join, they will.

An airdrop would land in many wallets and will hit the exchanges the next minute, leaving us with less wallets again. Trust me, been there, done that, this is not new. Milkers can't wait to make a buck, no matter what they have to sacrifice. i know it sounds brutal, but tit's the truth. I'm totally against the airdrop. It's the worst idea!!!

Maybe we are ok as we are and we dont need to push it harder to more people. People that have invested have done so because they are aware of the project because they are active on LeoFinanace. LBI posts are always in the trending section so anyone that use's LeoFinance will have at least seen those posts, if only the title and thumbnail pic.

Exactly!

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Hello, no plans for an airdrop at all, that would be silly and i dont like giving away free money. It's part of my writing style to try to write questions into posts and answer them so that people dont suggest things like this.

Thanks for your commnent.

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no plans for an airdrop at all, that would be silly and i dont like giving away free money

Good to know, thanks for clarifying.

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