Welcome to this weeks LBI token earnings and holding post
What is LBI?
The LeoBacked Investment (LBI) token is the first of its kind, the 1st token to be valued completely in LEO. Each LBI token represents a percentage ownership in the overall fund including all LEO, HIVE, off-chain and wallets operated by @lbi-token. The goal is to provide a community based and ran investment vehicle focused primarily on the LeoFinance community and LEO token. We provide a weekly LEO dividend payment to all token holders whilst also increasing the value of the LBI token slowly but consistently over the long term by only investing into things that will stand the test of time.
LBI is a long term HODL token based on SPI's model. Because these tokens are backed and valued in their primary assets, the value only increases. Think of it as putting $1000 in the bank and earning interest. In theory, you should never have fewer dollars. The $1000 is the LEO you give us to buy your LBI token and the interest is the earnings we produce with that LEO.
Earnings this week are decent considering the market is crashing like crazy. Small problem with div's, they will be issued within the next 24 hours.
Going to take that liquid HIVE and convert it to swap.hive and then pair it off with some LEO to add increase our HIVE/LEO LP on beeswap which should in turn increase the amount of BXT we receive everyday.
Everything in our non HIVE holdings have dropped at the same rate as LEO. In a nutshell, the dollar value is down but the LEO value is the same so the LBI token price remains stable for now.
Another solid week behind us, we had a nice double payout day and that's help boast the div's a little. Thanks for taking the time to check out this post, have the weekened
Get LBI on LeoDex - https://leodex.io/market/LBI
Get LBI on Hive-engine - https://hive-engine.com/?p=market&t=LBI
Posted Using LeoFinance Beta
Thanks again for this report SSUK !
You should try to sell your new templates you know :D
Seems LBI is amongst the best performers in my portfolio, thank you for this in the middle of a red ocean.
Posted Using LeoFinance Beta
We are just hoping he doesnt lose them like he did the last ones.
The value of backing up data right there.
Posted Using LeoFinance Beta
ohh new graphics, shinny :)
Yeah because he lost all of his old graphics when his hard drive crashed.
The mother of necessity I guess.
Posted Using LeoFinance Beta
I know, I know still would have tried data recovery if I were him
It's great to see that the LEO value is holding constant despite the large crashes. As for the dividends, we can always wait a little bit. I don't see any point in rushing things.
Posted Using LeoFinance Beta
I missed the dividend deadline by 1 minute, lol. So bad
The coder will wake up soon, see me DM, call me an idiot and then ship them :)
Posted Using LeoFinance Beta
Such is life.
Posted Using LeoFinance Beta
It is good that in spite of the red market, we just keep building and growing. The numbers might not look great with the USD backdrop but we keep getting more LEO.
Long term, that is the objective. The price will turn around at some point.
Posted Using LeoFinance Beta
Hey @taskmaster4450le, unrelated to this post but now that I have seen went checking...
Can you update the witness votes of this account when you have the chance? Some are stale for a very long time and still missing blocks. Thanks in advance.
The witness votes for which account?
Posted Using LeoFinance Beta
I meant, the votes this account is doing (that you are replying from...). Some are stale witnesses for some time already and I am not sure if they are coming back, but in my view, if they didn't disable their witnesses and are not signing blocks, then they should be unvoted because otherwise, they are missing blocks. I would expect the same to be done to mine if that would be the case.
Im just happy the LBI price has held up :)
Posted Using LeoFinance Beta
It is good to see this report and honestly I will saying it is still showing a very good sign irrespective of how bad the marke might be right now.
The main focus to always buy and hold now, which I too will.ve doing in day's to come
Exactly, holding is most important. LBI is doing ok for now, when the tides turn, we should surge
Posted Using LeoFinance Beta
Honestly the best thing right now is to keep on holding to the token irrespective of the price or market situation right their.
I so much believe in this project ,I was convinced about been part of it immediately I saw it
Yea, for sure. Gotta keep the faith and keeping holding, keep growing and keep moving forward.
Thank you for your support
Posted Using LeoFinance Beta
This is a very good report and I sincerely think adding more to the growth and development of the community is vital here too
Thank you,
We're always needing to expand :)
Posted Using LeoFinance Beta
Great to see Lbi waxing strong despite the crash in the market. Dollar might have taken a hit but as long as we getting more Leo we'll be fine
A great week, in this kind of markets is where this project shines more.
!BEER to the team , and to us, lol.
Sorry, you don't have enough staked BEER in your account. You need 24 BEER in your virtual fridge to give some of your BEER to others. To view or trade BEER go to hive-engine.com