Hello LBIer's. Today we're going to talk about getting involved with a few new LEO projects to help us boost our earnings. So, you are not aware, LBI token started to issue weekly dividends on Saturday just past and will do every Saturday evening from now on so im looking at ways to increase our income. I was looking on hive-engine for newish are good projects but to my surprise, I have found 2 LEO related projects that are paying out in LEO tokens so that's right up our street and worth exploring.
If you had seen the last LBI earning and holding report, you will already know that I got us 500 UTOPIS to earn us some HIVE every week. We might get more of these at some point as 500 is not too many but at a later date. The APY is always 50%+, normally around 70% so it is a solid project and well ran. It's paid out every week and is consistent which is perfect for us. Ok, that's that shared, we'll get onto today topic.
New LEO projects
Im fairly sure some of you will not be aware of these projects. 1 that you might have seen posts for is a lottery and the other is a CUBfinance income token, both payout in LEO weekly and both are run by 
I have read the posts outlining the details/rules for each of those 2 projects and read through all the comments to see what feedback he was getting and what questions people were asking. Everything seems pretty simple easy to understand. Let's have a look
@noloselottery
You might have seen posts for this and not looked into it. So from my eye, this looks like he is converting LEO from issuing lotto numbers and converting that LEO in bLEO and then staking it to a farm or kingdom n CUBfinance. You send 10 LEO for example and you get 10 numbers. You are included in each weekly draw until you decide to sell your tickets back for 1 LEO each. It's marketed as a saving's investment. This reminds me of premium bonds in the UK. You buy 1, 10, 500, 10k bonds for £1 each and that is you included in every monthly draw until to sell them back for the same price you bought them for. They've always been £1, never changed from inflation and I guess never will. They have a max amount you can own, I think it's 50k but it was 35k when I had some about 15 years back so they just increase the amount you can earn instead of inflating the price per bond. When you set them up, you pick to either compound any winnings or get a cheque sent to the house. You cant lose money as it's run and backed by the government.
So for the noloselottery, my guess is each week, he converts harvests to bLEO and then unwraps to the noloselottery account to be sent to that week's lotto winners. I do wonder if he is converting bLEO to BNB to get into farms/kingdoms because you can't do anything with bLEO alone so im a little wary of the repercussions of the LEO price outperforming BNB/CUB and could a run on the bank it this time kill the project. If he is converting LEO to BNB and LEO moons 5x and BNB says the same, then there's a big problem is someone with all of the tokens wants to cash out as the might be 5000 tickets issued and only assets worth 3000 LEO backing it. This is a what-if, of course, it's not likely to happen. I could explain 4-5 other things I've noticed that I consider risk but all low-risk stuff and it's a good project so I dont wanna be pissing on it for petty stuff that is more personal preference than required to operate successfully.
So now you know roughly what it is, should LBI buy some tickets? We'll wait and see as we're gonna use SPI as a guinea pig. SPI is looking more LEO as well and if it's a mess, SPI can afford to take the hit more than LBI. This project has been running from the start of May and has issued 1100 tickets in that time. SPI bought 500 tickets the other day and is waiting for the first draw with fingers crossed hoping for a win. We'll hang back 2-3 weeks and see what SPI wins and more much. I understand it's all luck as the numbers a randomly drawn but SPI owns around 30% of issued tickets so over 3 weeks it would be harder to not win at least 1 prize.
Until then, we can collect up the liquid LEO we get from earnings. Remember that we are now paying dividends and spinvest an operator fee. You'd think that reinvestment money would be 40% because 50% of earnings for dividends and 10% for spinvest leaves 40 from 100. When we consider HIVE content earnings are powered up and represent 15% of total weekly earnings, our real investment money is 25% of total earnings, not 40% so I need to be very sure in the beginning of what I get us involved with. SPI can be our tester to reduce our risk. There's no getting in early on a saving account/lottery so no rush.
@easydefi
Ok, this is the one you might not have heard of before. It's a new project with the intro post coming only 2 weeks ago but it sounds like another simple project that pays out good LEO rewards to pool investors. In order to invest, you can send over LEO in batches of 250 LEO or 225 HIVE which is then converted to LEO. For SPI, I sent over 1000 LEO to test it out.
The set-up is, he accepts LEO or HIVE and then converts it to bLEO and stakes it on CUBfinance. Each week, he harvests CUB and converts it to bLEO and then unwraps it to the easydefi account and then forward's that to investors. He takes 10% of harvests as a fee which I think is fair. It's basically a variation of CUBlife and it's nice to see other's starting projects on LEO.
It is marketed toward people that maybe do not have the skills to defi farming. I can do it but yeah, if we can just sit back and collect div's every week, thats awesome as well. I think his main focus is on the CUB/BUSD LP as it's the highest APY. Like is said we could do it ourselves are collect 90% of harvest within having to hold the LP.
Again with this one, SPI will be our tester and based on pending results, we'll see if it's a good option for LBI are not.
Let me know what you think, please
I have not done a bunch of research into these projects, to be honest, there's not a lot of info in the posts anyway. They explain what they need to explain but there are no finer details which is ok but it leaves me assuming this and that when I could and probably im wrong.
I think the user is decent and trustable. Again, im assuming this on a rep of 75 meaning time served and a quick 15 minutes scan of this last few months content uploads. He seems to be very bullish on HIVE/decentralization and proud to be here, I dont see a scam taking place and it is worth a tester.
Are you involved with either
Thank you for taking the time to read today's post. As dividends begin, we need to find something that will provide a quick boast and CUBfinance dividends are amazing so everything connected should be good. It's sorta funny that CL is the perfect investment token for LBI, the problem is we run it and earning a large chunk of the tokens might be viewed as a free airdrop to people not knowing we paid for them, plus I had 
Yes or No?
Good or bad?
Safe or punt?
Investable or LOL!
Let me know