New Projects Add More Value

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Take a look at this chart that appeared on the latest LBI Weekly Earnings Report.

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Notice the green slice of the pie. That is denoting the weekly earnings for CUBLIFE. This was a project that did not exist a few weeks ago and now it is feeding some more LEO to the value of LBI.

For those who are unaware, this is a separate project that lbi-token invested in. It provided some seed money to get the project going as well as offering continued to support for administering the project. Individuals are able to invest in the the token by sending either LEO or HIVE (swap) to the @cublife account. Once a month, the money in there will be converted to CubFinance for farming while the token holders receive their CUBLIFE.

Even though this is a stand alone project, LBI, having some skin in the game is generating a weekly income.

While the numbers will obviously vary each week, since it is an off-chain investment, the fact that LBI is starting to reap some rewards for projects created is really exciting. This will allow for further growth of the fund as we look to leverage the returns on CubFinance to enhance the holders of LBI (as well as the ones holding CUBLIFE).

If we look at the breakdown of the actual LEO earned, we see this:

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As we can see the conversion that took place on Friday amounted to 121 LEO for the LBI fund. This is a nice amount considering how new the project is.

What is terrific is that each token holder of LBI has a piece of that. It is all going to enhance the value of the LBI token. Markets can price things as they will. However, when we look at the assets backing the LBI token, we see it growing on a weekly basis.

This latest initiative only is adding to the weekly mix. Over time, this could amount to a great deal of LEO in the LBI ecosystem.

We also can see that the curation rewards have skyrocketed. This is the foundation of our weekly earnings along with the posting of articles. Due to many people unstaking LEO while LBI is staking, we are seeing the influence on the platform growing. This enables us to net a greater return now than we where a couple months ago. Will this change? Hard to tell. For the moment, we will enjoy the returns we are getting as well as keep looking to grow the LEO held.

Getting back to CUBLIFE, this is an example of what can happen when some innovation is added to the basis already established. CUBLIFE token holders are receiving their payouts on a weekly basis along with lbi-token. The goal is to keep it growing for the sake of everyone.

Of course, another stream of income, while welcomed, is not the end. We will look to keep getting involved in projects, either our own or others, that provide a steady stream of LEO (or Hive). This is all part of the growth strategy going forward.

Ultimately, we have to look at the value of the token. That is something that we can impact based upon our efforts and decisions that are made. Pulling another chart from the earnings report, we see this:

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We moved up a bit in token price, to a high based upon the value. We were floating around 1.20 for a little more than a month yet that changed with the big week's earnings. As of this report, the value is 1.24 LEO for each LBI.

Please note value is what it is backed by in assets; the price on the market might be completely different.

As we enter the second half of the year, we have a new stream that will bring LEO into the system each week. Hopefully we can come across a couple more ideas that will add to what is already a very strong foundation.

New projects can be very productive in terms of value creation. Things are just getting started.

Article written by taskmaster4450le.

Posted Using LeoFinance Beta



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18 comments
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Great to see we've moved on to 1.24. Thanks to cublife. New streams and innovation surely brings the needed value as help solidify a project

Looking forward to see how the value of lbi increases overtime as the team come up with new ideas


Posted via proofofbrain.io

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It's always good to have a few new projects come out and I am also glad that CubLIfe is doing extremely well. I think I did spend less LEO on CL tokens compared to LBI so it feels a little weird when I see my CL total value greater than my LBI total value. But most of it was probably because of the dip in LEO prices and it didn't affect CL as much.

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I love the new income stream for LBI. The more the better, obviously. That said, we do have a ways to go to make up for the Cub used to start CubLife. But, I feel confident we'll get there and increase the overall earnings for the project. While I'm thinking about it, are we looking at migrating some of our current LPs into Kingdoms? We've got some BNB. I wouldn't mind seeing a little CAKE added to the ledger. Probably something to be determined once Khal and company decide what pools will be offered but it bears thinking about. Just curious what your thoughts are....

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I think they may move some into the kingdoms if they deem it profitable. I would think it probably will be but who knows.

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My CL stake is a fraction of what my LBI stake is and that's understandable as I've been building LBI for months, maybe half a year. I don't think I can invest as much in CL as in LBI. I need to build my Leo stake now. But CL is not a closed project, so it's always time to buy more.

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We are talking about a lot of other projects at the moment but we should be looking at increasing our holdings of LBI as much as we can right now because I believe this project will be as huge as SPI ( maybe even bigger ) .

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I had to rejig my position for the time being. I feel Leo finance is about to pop again. 50c here we come!

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I've been following LBI value on discord and I'm glad to see moving up. You must be doing something right as the numbers are always looking good, even during bad times.

Keep it up and thanks for everything you do for us!

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I noticed Cublife made a big move some days ago and wondered about that. Keep it growing and thanks for the weekly rewards

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That is really awesome. I had forgotten that LBI had thrown some of their own funds into CubLife. I sure was pretty happy to see the dividend come in from CubLife this past week. I can't wait until I am getting dividends from both platforms. That will be really awesome. Thanks for sharing this info!

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When I heard about this project each LBI was worth 1 LEO and now it is worth 1.24.

If I had invested back then I would have grown my capital haha :')

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I didn't notice the fact LBI invested in CUB ( or maybe I'm dumb and I forgot) but that's almost like Inception level investing - you buy bitcoin with fiat then you buy hive, then you buy leo, with that you buy LBI, LBI invests in CUB, it would be hilarious if CUB invested in the next project and so on :))

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Even if am late here,I still want to support the fact that the chart is showing that things will get much more better in days to come


Posted via proofofbrain.io

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Seriously can't believe the growth after only 23 weeks and where this can eventually end up. This is insane growth and shows you exactly what is possible when you compound and get involved in projects

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It's great to see the transparency and reports. The flat curation curve must have helped a lot to get a great curation return while keeping the focus on the content itself rather than thinking about ways to maximize ROI by front running etc.

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