LBI earnings and holding REPORT - #3
Authored by @silverstackleruk
Hello LBI'er's, here we are on our 3rd earning and holding report. I have to say that when I sit down to start crushing the numbers, im like an excited kid that just got a new game to play. I open up about 5-6 tabs, load up all the sites I need to collect information from and then zone out for an hour.
The highlights for this week are we selected a governance model for LBI, someone created a scam LBIM token that lasted a few hours, our LEO wallet is worth around $100k and i had to mint another 50,000 LBI as we crossed over the 200k LBI tokens issued mark. Earnings are up, content is getting more engagement. Lets like at our numbers.
Week 3
Earning
What a week!!!, I said last week this weeks target should be 1000 LEO but damn, we smashed it and did 15% more than that with earnings this week of 1154 LEO. At today price, that's around 4400 HIVE and that number blows my mind. Moving on, this week the daily earning avg was 164 LEO. Each day can be broke down roughly into 100 LEO earned from curation, 57 from LEO content reward and 6 from HIVE content rewards. LEO content rewards have increased from 226 LEO last week to 404 LEO week which is the result of token holders and those interested in our content slamming that upvote bottom hard. Let's hope this trend continues as we gather more readers and investors.
To sum up, 1150 LEO earned in a week is nothing short of amazing!
Let's try and beat this week and get over that 1200 line in the chart above. Falling so short of that line annoyes me a little bit. The trend line is starting to take shape nicely, we might have weeks when we earn less than the week before but this trend line will always be a moon-bound direction. I hope so anyway.
Last week curation made up 68% of earnings with content making 24%. Curation rewards this week are higher than last week as we have more LP and content was still able to pull forward to grab a few percent. I like to see the content percentage high, the higher the better. The reason is because curation rewards are consistent so when the content earning percentage increase's it is not because curation rewards are less, its because the content is earning more. Curation earning are consistently around the same. Im very happy with 35% of earnings coming from content. It's encouraging for the content team.
Lastly, total earnings ever from launch in numbers. The numbers total 3452.14 LEO.
Another great week of earnings, we increased on last week and by powering up 100% of these earnings, the foundation of LBI is being built as we speak/read. Check out the lbi-token wallet daily and watch its LP balance increasing.
Holding
Holdings are up this week. Get used to reading that first line every week.
We issued around 6000 LBI this week from direct sales, this has means we have now issued more than 200k LBI tokens and another 50,000 batches have been minted. Remember that LBI tokens are still 1 LEO per LBI token for the rest of January, after that the price will increase to fall in line with it's the actual value.
Once again, we see all our assets are LP and around 500 HIVE shown as 175 LEO below.
Nothing wrong with this bar chart, as token sells start to slow down, these bars might flatten out but they should always be heading in a plus direction. Just for fun, I decided to add in an LBI token price chart to track each week's price. For now, as our only investment is staked LEO, the price and total asset value will run in tandem.
LBI TOKEN PRICE
Total assets worth in LEO
204,928.86 LEO
Total LBI tokens circulating
201,253.19
LBI token price - 1.0183 LEO
WRAP UP
As I said below, this is a great result for a week and I am getting itchy to start finding out the true potential this project has in terms of earnings. If we can pull 1200 LEO from only curation and content, think what we could be earning if we had a big dcity, a ton of LEO miners, sub-accounts running their own projects under LBI, the list is endless and the potential is as much as we what it to be.
Im looking and seeing LBI tokens are in 170ish wallets. How could we increase that number? and cheaply? How many people use LEO? 300-500 wallets sounds like a nice target but how? I'll leave you with that
Thank you for checking out this week LBI earning and holdings post. I love writing these posts so I enjoy you enjoy reading them and looks through the numbers.
Posted Using LeoFinance Beta
Thanks for the updated numbers. I bought a single LBI token just to have something (reduces FOMO). I was wondering if you are tracking how much each LBI would pay out every week (when it does). I fully expect the LEO amount earned per week to increase as there is more LEO put into the account. However I think the better metric to see how LBI token is doing per week is the expected payout per LBI token. In the case that LBI token does a little worst, we can what went wrong and how to better improve if possible.
Posted Using LeoFinance Beta
Right now it works out to .00286 LEO per LBI token held if payouts were being made.
LEO Earned/Total Tokens Issued/2
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Assuming it stays at that rate (compounded with half of the earn Leo put back into LP), it is about 15.4% APY. Of course, this does not include the appreciation of value in LBI.
Thanks for letting me know.
That is just the dividends. The other piece goes directly to the value of the token, hence right now running at about a 30% annualized.
We will see how the numbers fare over the next couple months.
Posted Using LeoFinance Beta
I made a small mistake so its suppose to be 16% with dividends included. Basically did a summation of (0.00286)(1+0.00286)^n from n=0 to n=51. Before I got 15.4% by doing (0.00286)(1+0.00143)^n.
You still have time to increase your investment size, it's not too late.
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Are there still plans to pick up miners? I feel like that would have been a good buy 2 weeks ago when it was talked about. The Investment portfolio would be way up!
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Miners are too expensive at the minute. I'd like to pay no more than 3 LEO worth of HIVE per miner. It's on the hitlist but as and when the price is good plus right now we are still young, only a few weeks old. Im getting itchy fingers as well do invest into something else, powering anything up gets a bit tiresome when we all know there are chances out there but we're not racing anyone, just inflation and the fall of fiat
Posted Using LeoFinance Beta
I was holding my 2 remaining LEOMM for a trade with LBI at some point, but seeing what they are going for on the open market I could just sell them and get some more LBI. Of course there is the whole air drop thing too. I don't know where LEOMM would fit in or how much they would be worth in an air drop. So many decisions. lol.
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STOPI must admit I was like a kid on Xmas waiting for this report today! lol. I kept refreshing my feed to see if it had dropped yet. Really great numbers and here's to more of that in the future. 🍻
Posted Using LeoFinance Beta
A terrific beginning for something only a few weeks old. I love seeing the value of the token inching up. It is a slow process when looking at it all the time but it does grow.
The charts trendlines, albeit for a short period of time, are progressing very well.
Posted Using LeoFinance Beta
I was waiting for the report too and the other post I'm waiting for is the self nomination for governance team. That will be interesting to see, can hardly wait. It should be out in less than a week now.
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It's coming mid-week :)
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Yay, I won't sleep till then :D
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I am super excited about this and need to buy some more over the next 3 weeks. I don't know why more people haven't bought as only 170 sounds just too low. Maybe they don't understand the concept or just want to make curation on their own stake and investing in something for years is just too long for them. I believe if something is good then it is worthwhile waiting on.
Posted Using LeoFinance Beta
I think most are focused upon mooning, overlooking how valuable the steady gainers can be.
If LBI mirrors SPInvest, we will all be very happy in a couple years. Personally, I think this will likely outperform even SPI.
With more active people, we could see a few more revenue streams that really push the numbers higher.
Posted Using LeoFinance Beta
I must admit I like the idea of something slowly increasing in value not having to moon to give you value. I do believe we are on to a winner here and can sit back and watch this one just get bigger and bigger.
Posted Using LeoFinance Beta
As the activity grows, the jump in value will also grow. We also will someday benefit from other ventures being part of LBI. That will make it really a hot item.
If we do things right, there will be many ruing that they did not get in at these levels when they had the chance.
Posted Using LeoFinance Beta
I also think post values will rise as many of the LBI holders grow their stake on Leo and Hive. Win win situation all around as the more you can vote on the post the quicker LBI will grow in value. LBI holders may think slightly differently as by investing in this they have shown their intentions of being here long term.
Posted Using LeoFinance Beta
If people remain committed to the project over the long term, absolutely, we will see the numbers for posts growing. That is one of the compounding effects. It is also why it is important to get the Hive side growing also. The more rewards that come from that, the more LEO that can be earned by delegating to spi.voter.
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The airdrop could be one reason as I said in my other comments here, another could be that some are looking for a quick return, opting for speculating on the market. LBI is for long term, not everyone can wait.
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How much is 1 lb currently generating? that happens to me for not buying at the beginning, more profits to come
Posted Using LeoFinance Beta
1 LBI is valued at 1.0183 LEO at the moment. Since it started, we are up 1.83%. The token is still available from @lbi-token for 1 LEO, through the month of January.
I am not sure if that answered your question.
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Thanks now I try that
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The price of LBI is going to go up in time. So if one is interested in investing, now is the time.
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I love it.
Up 1.83% in three weeks. That is outstanding progress. We are over a 30% annualized return in these early days. There is nothing wrong with that and, as you stated, we really havent even gotten started.
This is key. Getting other projects going under LBI will really help. We will have to see what the Leo airdrop looks like and what that token applies to but there are going to be lots of opportunities in the near term.
I have a feeling things are going to get really exciting very quickly.
Posted Using LeoFinance Beta
The upcoming airdrop is a new possibility for us and LBI as well. I'm expecting more to join after the airdrop. Some may be holding back Leo for the airdrop.
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Glad to see a significant increase in rewards, for the benefit of LBI holders! Go on like this!
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Yeah, its been very motivating watching on the interacts taking place. Thank you for checking out the post, same again next week.
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Congrats, i follow your project and i hope to buy LPI soon :(
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What rewards? I didn't get any. Is it in a wallet? Can't find it.
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Don’t get me wrong, I love LBI authors and happy to see LBI author rewards going up.
But I’ll be very satisfied if it represents only 1% of the earnings because of the curation reward being huge :D
Regarding dcity as you mentioned, how is it going to play ? Are we going to ask an experienced player to build one for LBI ? And to manage it actively ?
I asked about dcity because you mentioned it but question is valid for any game LBI wants to be part of.
Congrats for those amazing numbers !
Posted Using LeoFinance Beta
LBI authors do not get any of the content rewards. My point was if LBI has 200k leo, its going to earn a certain amount of LEO, 50% of the upvotes it gives so when we see content rewards as a higher percentage, its good because it means we are earning more. Content rewards that are 1% of total earnings when we have 200k LP curating is much less than content rewards of say...35% when we have 200k curating. Because curation earnings do not increase that match, selling 5k tokens into 200k does not make that much of a change.
As for Dcity, prob an experienced player. I use Dcity as an example because its the most popular but other games as well as long as they are profitable and there's not any that are.
Posted Using LeoFinance Beta
I couldn’t express myself more wrongly if I tried to :D
I meant I would be happy to see LBI with 2M LEO staked, at that point I believe curation would be the biggest earner.
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All great stuff to see. I saw STEM goes up in value in January. It's had a bi run. If STEM goes down could be a good buy. Just saying......
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Yea, i know about STEM.
Thanks for checking out the post and leaving some feedback :)
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Sure thing. I love all these Hive projects. The better they are - Better my stake will be.
hey, they are new around here but I am interested in all the things that leofinance can offer me, I would like to know if there is a publication that explains what are the benefits of having LBI so I can review it well and study my investment, at the moment I have only bought leo
Posted Using LeoFinance Beta
Yeah, sure.
Go back to our first post and read forwards. The first few posts have good info in them.
Posted Using LeoFinance Beta
Of course, I'm sure. I'll focus on finding the information.
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Awww man, LBI only on sale till the end of january - well, i was gonna 50/50 stake more leo/get more lbi
looks like i will be doing a 100% get more lbi-token LOL
maybe if i tried making better content i could get better rewards too - (i dunno about this one , a little hard to focus when you're in my crappy position - but who knows, stranger things have happened)
Posted Using LeoFinance Beta
no, the price is of LBI tokens are locked at 1 LEO till the end of Jan
Sorry to hear your in a crappy position.
Posted Using LeoFinance Beta
It's always tricky to advertise an investment opportunity outside. The LBI team is known here and have a certain level of reputation among hive/Leo users. You don't have that outside of the Leo ecosystem.
Many investment projects tend to use referral system to provide users inflow, but to tell you the truth, I would like to avoid that as it may become spammy and quite like ponzi schemes. Let's stay exclusive, let the people want to join in, not the other way around (at least on a communication level).
LBI has no plans to market outside of LEO so not sure what your talking about.
Thanks for checking out the post
Posted Using LeoFinance Beta
The post mentioned the problem... It's not a problem, it's more of a challenge - to get new users hop into LBI. I thought it meant outside marketing etc
This is a good point and know why it would be important to increase the number of wallets. I'm also guessing what is the reason of not getting more investors right now. It may be because of the upcoming Leo airdrop announcement, which will be based on how much Leo one holds. This could be a factor. I'm expecting a rise after the airdrop is done both in number of investors and investment size.
These reports are also contributing to attracting new investors I believe. The numbers look better and better, even with the holiday season we pulled great numbers which means we're going into the right direction and doing it right.
I'm looking forward to next week's report and really curious to see if we can grow the number of wallets. That would be a very important step forward.
Last but not least, I'd like to say thank you to you and the team for the work you do!
Posted Using LeoFinance Beta
Yeah, more people more tokens issued.
The reports are interesting and it was lucky starting at the new year as well:0
Im looking forward to next week's report as well, i love making them
Glad you enjoyed, :)
Posted Using LeoFinance Beta
I saw a detailed report about how these tokens are distributed in wallets. I'm not entirely sure who it was, may have been you or taskmaster, I can't remember. However, it would be good to see those numbers changing. Can you do that?
Posted Using LeoFinance Beta
I like LBI and the concept and the growth is amazing at this early stage. Keep up the great work. Time to buy some more!
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Thank you,
Time while you can i guess :)
Posted Using LeoFinance Beta
Thank you for the report and the lit numbers. The future seems very bright.
To give an answer to your question, we would have had more holders, if there would have not been the discussion with the air drop that caused the FOMO. I hope that the Leofinance.io team brings the air drop soon out so that most of the people will continue to buy. I hope it happens before end of January.
Posted Using LeoFinance Beta
The LBI token price will have already increased by the end of Jan so we'll see what the airdrop is worth. Im excited for the airdrop but I've not given it much thought to be honest as we dont know anything about it. Mirco blogging seems to be going around. I'll deal with it when it comes and hope that it can in some way increase our earnings.
Posted Using LeoFinance Beta
It will definitely be an opportunity. I'm just telling why the investment flux has paled off a little compared to the time before the announcement.
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Great. I'm keen to see 1500 LEO curation rewards as our next target. It may take a few weeks but that seems like a great milestone to overcome soon.
For dcity and other projects overview it seems great. Keep it up.
Posted Using LeoFinance Beta
I wish the airdrop that LEO is planning happens soon. I hope to invest more in LBI but want to wait. I hope there will be fair warning tp unstake before the last LBI is minted. I believe there are many in this boat.
Posted Using LeoFinance Beta
My personal take is I'm staking LEO until around the 20th and then starting a LP power down to trade for some more LBI. I want to get more LBI before it goes over 1 LEO in February. While I'm sure the new project and airdrop will be fantastic it is still a bit of an unknown where LBI has a little more of a track record taking into account the performance of SPI. Besides I will still have a pretty decent amount of staked LEO no matter when the drop happens. :)
Posted Using LeoFinance Beta
Sounds like a good plan. I would like to get another couple before they go up. For now, I am keeping an eye on the Hive Engine to see if anyone is selling at lower than LEO price but all my LEO will be staked for another while, then maybe half I will convert to LBI.
Posted Using LeoFinance Beta
Voting power was mistakenly reset and done at 100%.
Enjoy the rewards. LBI curation will be down for a while until the VP is back in the typical range. I will be a couple days.
Posted Using LeoFinance Beta
And I thought I had VP problems. :)
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Great to see this keep growing as the mad rush before lbi stops being issued!
I meant to ask about delegating to lbi. I haven't been around as much the last week so might have missed an announcement about it but I can delegate some if needed. What are the perks of it?
Posted Using LeoFinance Beta
No way to delegate LBI since it cannot be staked. It is also not a Proof of Brain token.
Posted Using LeoFinance Beta
Probably should have written what I meant differently (did a 12.7 mile hike earlier haha) - I meant delegating Hive Power to lbi-token?
Posted Using LeoFinance Beta
Yes we did a post last week to ask people, if they would, to delegate some HP to LBI-token. We got around 10K HP delegated so it was a nice campaign.
The perks is that it helps LBI to gain more Hive. There is no direct payout.
Having more Hive does two things. First it hopefully adds to the value of the Leo token as it increases in price. Secondly, it is powered up and delegated to Leo.voter, earning us even more LEO on a daily basis.
It is just another way to keep feeding the community pool and helping it grow.
Posted Using LeoFinance Beta
Thanks for getting back to me and explaining it all, will have a look into my account and see if I have some spare HP 🙂
Posted Using LeoFinance Beta
I have 2 question.
LBI will be still issued in February with revised rate or left in Hive-Engine?
Still we have some soft cap target in mind to reach before we stop minting the LBI?
Some sort of competition in which 2-3 LBI will be given to 25 users who will write about their view about LBI and never purchased LBI till now.
May be I will write again why one should buy LBI..
Posted Using LeoFinance Beta
Yes they will still be issued in February.
Now the soft cap target is 250K. Basically it is going to come down to how much people are buying. If it slows down to next to nothing, then it will stop. On the other hand, if people are still buying on a consistent basis, we will keep it going.
It really comes down to the appetite of the community.
Posted Using LeoFinance Beta
What is a hard cap?
Don't like that much if a token amount is unlimited...
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Damn, I wish I could have more Leo to buy LBI.
And nice job, 1150 Leo in one week is insane.
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This weekly report is my highlight of the hole week:)
Thanks for making me a good day!
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This is really looking great en exciting!
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It's good you guys met the goal. I can see leo skyrocketing.
I also need to get more lbi-tokens soon
Posted Using LeoFinance Beta
good article and encourages to continue publishing
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Wow! I continue to be amazed at how the @lbi-token project just started off with a bang and keeps on running!
Question: I know you have mentioned a "soft cap" of 250,000 tokens — do you have any sense of when that is going to be reached, at current progress. I'm presuming, in this, that buying in at 1 LEO per token is still ongoing?
Thing is, I definitely want to get some tokens, but my liquidity is super tight (US taxes, don't ask!) and accumulating some liquid LEO from my curation efforts is going to take a while... so I'm trying to determine how much of "a while" I might still have.
In any case, enjoy the reports and updates!
=^..^=
Posted Using LeoFinance Beta
The price is still 1 LEO per LBI through the month of January. By then it will go up to 1.05 or 1.10 depending upon what the value of the holdings are at that time.
As for the soft cap, it is basically going to keep going as long as their is consistent adding of the token by the community. If people are still sending LEO over to grow their holdings in the project, we will keep it open. We expect there will come a point where the buying of LBI will start to die down but if it doesnt, we will keep it up.
After all, the ultimately goal is to effectively has this LEO locked up, out of circulation while being put to work curating. So the more that comes in, the less there is realistically available on the open market.
Posted Using LeoFinance Beta
lol 200k leo in around 170 wallets, that pretty freaking super mega duper amazing!! ill stil promoting lbi in my academia libertad videos, and as well after the airdrop ill try to issue some more LBI :)
i think the way to get more users its promoting the project outside hive/leo ecosystem as it is - basically a fund for long term investing based in LEO. So if you can find some crypto-influencers with good reputation you will get some really good attention. Which its the hard part.. find crypto influencers who are not constantly sharing shit..
Posted Using LeoFinance Beta
Got me interesting in investing in this token. Will be looking for a good entry into LBI. Thanks!
Posted Using LeoFinance Beta
Is there any rewards for LBI token holders? I didn't get any. Is it in a wallet? Can't find it. Where can I find them?
Posted Using LeoFinance Beta
This is the type of report that allows people to have confidence in your project.
Congratulations on transparency.
Posted Using LeoFinance Beta
Very detailed report, @lbi-token.
This is pretty important for the grow of the project.
Posted Using LeoFinance Beta