I invested 300$ in LBI tokens

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Currently I am focusing on Hive-Engine tokens. I am staking SPT, Oneup and Neoxag. I also have a plan to buy more BRO. But now I bought 300$ worth of LBI tokens today. I love to get passive income so maybe I can extend my hands to grab Utopis and Sim.

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I have bought 2156.754 LBI at the price of 1.4 Hive that worth 300$. Its price increase after I bought it and now it worth 416$. It is good investment. Thanks to @dagger212 for sharing this information with me. LBI token holders will get Leo distribution every weeks. But I just bought it so I do not know how much I will get weekly. It is said that LBI is hard to sell. But I will keep it for long term investment.

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Now LBI become my top investment and I invested into it more than Starbits.

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233097.876 tokens out of 1000000.000 tokens are circulating. This is huge amount.

LBI is not Leo but it can give you Leo too. It is a Grow Over Time type tokens for Leo. That means price of LBI will increase over time.
This type of token do not need to stake to get rewarded. It is more convenient for the investor. For tokens like Leo we need to stake it to get Leo tokens. For LBI we can sell them at anytime but we will lost dividend payouts. This is fair and square. This type of token is the hold and get rewarded tokens. There are many tokens that can be used for this purpose.

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I am now 26th in richlist of this token. Sadly there is no rank displaying. I still need to make some comparison on Leo and LBI.

How much Leo I will get back in one month if I bought 300$ worth of Leo and stake it?

I hope someone answer my question.

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10 comments
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LEO ကို အားအရနည်းနေတာနဲ့ LBI ကိုလည်း စိတ်မရောက်ဖြစ်ပါဘူး။
!PIZZA

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Leo price should up I think. Be patient.

How much Leo I will get back in one month if I bought 300$ worth of Leo and stake it?

Can you calculate it. !PIZZA

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I think I told you this last night but...I had 3500 LBI and got roughly 17.5 LEO in my account last Saturday (the day they pay the dividends). So I would think you would get roughly .5 LEO for every LBI you own. The number changes every week based on a couple of factors. One, how much LBI brings in in curation and posting rewards from their articles and their voting, and two, the current price of LEO. When the price goes up, you'll get less tokens but they'll be worth more obviously. When the price goes down, you'll get more LEO in dividends but they'll be worth less.

So, I'm not sure what the price was last weekend, but I think it's probably pretty similar so I would think you'd get around 10 LEO for having 2000 LBI on Saturday. Don't hold me to that. I'm just doing quick math here. You'll find out the actual number in a couple days. :-)

Congrats on getting in! I think you're really going to like seeing those dividends show up every week. And the fact that you got in at such a great price means you could really hit a home run here over the next couple of years.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

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wow, sir that is a huge amount you are really an investor. 📊 congrats on collection that is keep growing 😅

have a great day and week

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LBI... so this is different from HBI and SBI which is like staking to another account.

LBI is also a 2L coin... and is directly stake to gain rewrds.. if I have read the post correctly.

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No. staking is needed. We just need to hole em. It will give you Leo every week. That's all.

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