LBI earnings and holding REPORT - #7
Authored by @silverstackeruk
WEEK 7
Earnings
Week 7 has completed. So this week, we are starting to see a better picture of how LEO curation rewards may play out in the future. With the explosion of new users to the platform, we are seeing the reward pool spread out among more people. I have been surprised at how many people im speaking with are new members over the past few weeks, it's starting to remind me of 2017.
With that said, more users mean more wallets, means more actively, means good for LeoFinance which is good for us. We can see that our curation earnings are lower than last week as a result of lots of new members joining the platform but we should also note that the price of LEO is increasing faster than the decline in curation rewards. In simple terms, we'll earn less LEO from curating but it'll be worth more in dollars so its like taking from one hand to feed the other.
We still just about stayed over 1000 LEO this week and with the curation at around 15%, 1000 LEO could be the bar until we start to add other income generators at the start of April. I have run a few numbers and the max amount of curation lbi-token can produce in 1 week is around 660 LEO. We got 638 LEO which is 97% of the max we can earn meaning taskmaster4450 is doing a great job jogging his manual trail with comments while never wasting any VP. The 3% discrepancy comes from the fact that we cant vote with 100% VP all the time and im actually super happy with only losing that amount.
Content earnings have climbed a little this week. On the flip side of earning a little less LEO from curation, we prob get earn more from our content as there are more users seeing it. Even HIVE content this week has jumped a percentage from 3% last week to 4%.
Big drop from last week but last week had a double payout day and explains that. The trend is still our friend, lets hope that we dont drop under 1000 LEO.
Total earning to date are 7931 LEO
Holdings
Pretty much the same as any other week. Our LP balance has increased a bunch, our HIVE holdings by a little. You will notice that there is a new account called "lbi-funding" that holds 520.10 liquid LEO. This amount is 50% of this weeks earnings and will be part towards our wLEO LP investment. This is payment 1 of 4 with us the target of $1000 by the start of March.
Consistent growth as always, i am eyeing that 250k mark :)
LBI token price
Total assets worth in LEO
225,937 LEO
Total LBI tokens circulating
217,870
LBI token price - 1.0371 LEO
Round up
Another great week, content earnings are fantastic, the comments are still coming in thick and fast adn everything is still on track. Our token is increasing consistently by 0.05% per week giving us around 26% which is ideal.
Thank you to everyone for supporting the project, till next week :)
Posted Using LeoFinance Beta
Going strong and agree nothing wrong with a 0.5% increase week on week as it doesn't seem like much bit it really is. Can't argue with 97% curation either as @taskmaster4450le is human after all. Great week and looking forward to seeing WLeo as part of our earnings soon.
Posted Using LeoFinance Beta
I have to unplug from the Matrix occasionally.
Posted Using LeoFinance Beta
You could plug into a different Matrix (The Matrix-8 Solution) instead. It's a whole new ballgame.
Posted Using LeoFinance Beta
We are still going great. It's hard to anticipate what's coming next so we have to keep doing what we're doing till project blank is out.
I'm still growing my LBI account.
I'm waiting for the governance voting to end.
Posted Using LeoFinance Beta
The opportunities within Leo are going to be amazing. We will see what rolls out but the growth of LBI will be further enhanced by what Leo is doing.
Get rich slowly is the motto but I think we are going to see growth rates that really astound many.
Posted Using LeoFinance Beta
I agree. I guess it's the best investment on the Hive blockchain. I'm curious to see how much we are going to achieve till the end of the year.
Posted Using LeoFinance Beta
The curation will probably go down in terms of LEO value, as the higher the LEO value is in terms of USD, the less is printed, or at least this is with Hive where there is a weekly pool that adjust the print value of Hive based on the USD value. The higher value of LEO in USD, the higher the USD value of the curation. This needs to be checked if it is lower or higher, where I think the trend is clear in the right direction.
Thanks for the update.
Posted Using LeoFinance Beta
With reports in LEO we can expect to see downtrending charts if LEO increases sharply right ?
Not really nice for the eyes but still good for the wallet :)
Posted Using LeoFinance Beta
Yes, the more value it has, the less it will be as a token printed.I'm happy if the value doubles, even if the token output will be half.
Posted Using LeoFinance Beta
Same here, very happy if it doubles or even more 😁
Posted Using LeoFinance Beta
It's always nice to read this post on Saturday! A stady growing every week is just great. So keep on growing;)
Posted Using LeoFinance Beta
Great to see the continuing great earnings! Special thanks to the content team with their reward increase! Keep up the good work.
Posted Using LeoFinance Beta
wow 0,5% weekly, that's awesome! These are percentages that let's say from investments through banks can see per 6months or more
Posted Using LeoFinance Beta
There's even banks offering lower APY than that on some products !
Bye bye institutional banks :)
Posted Using LeoFinance Beta
Get rich slowly. Adding .05 per week adds up over time. Of course, the price of LBI in USD is moving up as the price of LEO goes up.
For each 1,000 LBI, one would have another 37 LBI. That is not a bad return in less than two months.
Posted Using LeoFinance Beta
Yep, still trying to understand the slow part as this thing goes fast !
Posted Using LeoFinance Beta
97% is awesome. Good job @Taskmaster4450
Posted Using LeoFinance Beta
Too bad those werent my grades in school. I might have had a future if that was the case. Instead I had to wait a few decades for this crypto crap to come around.
Posted Using LeoFinance Beta
With these grades at school you might have become a prick worshipping the establishment, I'm glad you turned out to be someone way better than that ;)
Posted Using LeoFinance Beta
Very good returns if your ask me, the profitability is something no one will ignore? I'm still trying to get money to invest a little
7,931 LEO in 7 weeks, at $10 per LEO is going to be a $79,310 gain at some point down the road.
That token price is almost a guaranteed.
Imagine how much LEO we can earn in, say, 6 months.
Fun times ahead.
Posted Using LeoFinance Beta
I know. By seeing this it feels like it is better to push the dividends payouts further ( only my opinion) to build even stronger case. Maybe we can have dividends payment once Leo hits 1$ .
Posted Using LeoFinance Beta
You're unconsciously trying to cut the grace period we voted for haha.
Posted Using LeoFinance Beta
Lol no no. I am okay with taking the payouts even tomorrow.
Posted Using LeoFinance Beta
Just kidding on the fact that LEO will certainly reach 1$ before the date LBI planned to start redistributing dividends ;)
Posted Using LeoFinance Beta
Oh I am dumb , I didn't get the joke there lol but wait it is not a joke if it is a fact right?
!WINE
@hykss - tagging you because I am trying something lol.
Posted Using LeoFinance Beta
Haha right, that’s facts !
Talking about tagging and notifications, that’s something I’m waiting for on Leo.
Still using peakd to check the mentions once in a while.
Posted Using LeoFinance Beta
I know :( Me too .
Notification is something the team must only work on I guess. I am trying to see if I can send some kind of comment to you on Leo by saying you were tagged on this post .
Posted Using LeoFinance Beta
Alright, not sure I understood your experiment but let me know if you need some help from my side :)
Posted Using LeoFinance Beta
Lol yeah I will be needing help. I will let you know .
Posted Using LeoFinance Beta
Great detailed post and illustrates our situation well. Growth is profitable and constant and it is better to earn less LEO but with more value than the opposite!
Posted Using LeoFinance Beta
Haha true, having a LEO decreasing in value would be a bit more worrying.
Posted Using LeoFinance Beta
Slow and steady wins the race. I am fine with 0.05% per week. Do we have an idea on how inflation will affect LEO curation rewards? I saw this post about HIVE and the inflation rate so it got me thinking about LEO.
Posted Using LeoFinance Beta
Great growth and I think we are already at 4% ROI if I am not mistaken. It is quite great to see how this fund unveils itself, has a steady growth and delivers on what it promised. And with the new things coming in Leo Finance space I am sure it will capitalize on those as well and also might get a boost into the valuation of the LBI tokens through airdrops or other incentives.
Posted Using LeoFinance Beta
Keep up the awesome work team. It's good to know our investments are in dedicated and professional hands. Cheers!
Posted Using LeoFinance Beta
Great to see lbi is keeping slow and steady. 0.05% increase per week not bad. Far better than the banks
Posted Using LeoFinance Beta
Isn’t it 0.5% per week?
Posted Using LeoFinance Beta
Correct that's 0.5% instead, or LBI is going for a 2.5% APY which is a bit less attractive suddenly :D
Posted Using LeoFinance Beta
I have noticed my curation rewards drop also, sad for us but it is good that more people are coming in to share the reward pool. The more the merrier for the longevity of the LEO project. Keep up the good work to all the team.
Hopefully I will have 100 in few days.
Posted Using LeoFinance Beta
If leo price become 1 USD, the asset will be 225,937 USD. That is fantastic strategy. Plus lBI asset. Wow it wil be going to be 1 million USD just leo $2
Posted Using LeoFinance Beta
600$ per week is just amazing and it keeps on increasing , great job.
Posted Using LeoFinance Beta
We could boost even further the content amount if we were voting 100% the posts and the reply we get from lbi account.
Posted Using LeoFinance Beta
@lbi-token, can you tell me how the LBIM work please? It says its a Leo Backed Investment miner. Is that the same as an LBI miner?
Posted Using LeoFinance Beta
@atma.love The LBIM token is a scam.... DO NOT BUY THIS TOKEN
Posted Using LeoFinance Beta
really? What's it doing on LeoDex then?
Fortunately i only bought 100 @ about 2.2 Hive each. Thanks for the heads-up. I won't buy more.
i placed a sell order. Is that unethical though, to perhaps be dumping them on some other unsuspecting user looking for a cheap LBI miner?
Damn ! This thing is out for several weeks already, I wonder why nobody removed it from the market.
I'm sorry you bought some :(
Posted Using LeoFinance Beta
I think it was hidden on Hive-Engine but perhaps not on LeoDex
Posted Using LeoFinance Beta
Another week with 1000 leo earnings.
Nice to see lbi-token price going up.
Posted Using LeoFinance Beta
Great time to make my first investments in LBI, I hope to continue to buy a little pcoc as time goes by.
Posted Using LeoFinance Beta
thick and fast comment reporting in :D. Great to see this project flourishing, it's very exciting to think how things will look in a year's time
Posted Using LeoFinance Beta
Great to see curation still kicking goals. Looking forward to seeing the LBI-Gov team kick into action as well.
Posted Using LeoFinance Beta
That's some incredible growth. Since we're at the begnin of the new alt season, these will be just a warmup. Imagine people flocking here to invest without censorship and without giving their money off to hedge fund managers who have been doing a bad job!
Posted Using LeoFinance Beta
Such great numbers, especially if we consider they come on autopilot for the regular investor in LBI. Totally passive income.
This is really looking very good, completely on track, just how we want to see it ... Slow and Steady!
Posted Using LeoFinance Beta
I want to congratulate for this 1% growth in the content earning. I hope slowly you will get more achievements in both content and curation. Great work @taskmaster4450le
Posted Using LeoFinance Beta
I started to invest in LBI because these reports where the investor have all the information to see how the things are going on.
Tahnks a lot for the excellent work.
Posted Using LeoFinance Beta
This is an encouraging progress
Posted Using LeoFinance Beta
A great and detailed report and great job!
Growth is steady.
I have few LBI in my wallet but I hold on to them and I am happy to have invested in this project and even if slowly I will increase the number of LBI in my possession.
!BEER
Posted Using LeoFinance Beta
View or trade
BEER
.Hey @lbi-token, here is a little bit of
BEER
from @libertycrypto27 for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER
.The project is doing great, @lbi-token.
Congrats!
Posted Using LeoFinance Beta
Awesome news! Thanks for sharing!
Posted Using LeoFinance Beta