Hello, LBIer's. We have finished week 17 and things are starting to heat up. Earnings this week have been really good thanks to a double payment day, we powered up over 1300 LEO and off-platform CUB earnings are coming in at over $100 per day and growing. Things are starting to fall into place and our foundations are getting stronger.
Fantastic earnings this week at 1308 LEO. This becomes our highest-earning week after earning 1261 in week 6. Everything is up this week, content rewards are up 50% on last week and curation rewards are up around 25% on last. From earning this week, i have converted 653 LEO into bLEO and powered up the rest.
Total LBI earnings to date are 18,880.12 LEO giving us an average of 1105 per week. Leo Curation is still king and the foundation of our earnings. Over 50% of LEO earned has been powered up, this makes sure we're always holding 3-4% of total LEO in circulation ensuring our WHALE status within the eco-system. With HIVE, it's hard to be a whale because 370 million in circulation. With LEO, there's under 7 million so continually powering up will ensure we always own 3ish% of LEO.
Oh, we've broken the trend this week. The red line has inclined a little this week due to our massive earnings. Let's see how rewards are next week, if we're over 1000, we're winning.
You can see the main account is now holding more than 230,000 staked LEO which is a small milestone, well it's a rounded number and the next target is 240,000. Most of our growth this week has come from CUB finance. We added roughly $1400 into LP's this week however as CUB is down a few cents and LEO price down 25% so our wallet is worth the same as last week in dollars. Good thing we value our token in LEO because last week our CUB wallet was worth 20,857 LEO and this week it's worth 29,557 LEO which is a big difference. This is mainly the result of LEO going down 25% over the past week so when it goes back up to over a dollar, we can assume our CUB wallet will be worth less valued in LEO.
As we continue to compound our harvested CUB and add 50% of earnings into the CUB platform, we can guess that in around 4-5 weeks time our staked LEO might represent 80% of our holdings with CUB representing more than 10%. We can plan but ultimately we hold non-LEO assets now so big price swings for either LEO, CUB is BNB will affect the LBI token price and how allocation ends up.
LBI token price
Total assets worth in LEO
262,122.90 LEO
Total LBI tokens circulating
221,265.09
LBI token price - 1.1847 LEO
Boo-ya! 1.18 LEO per LBI token. At this pace, the last few LBI issued directly before the hard capping takes place on the 7th of May will be issued at a discount. Remember when buying LBI directly from @lbi-token, the price is locked at 1.20 LEO until the 7th of May.
So, it's been a great week for us (again). Our "Help a CUB" drive raised over $600 and we are now waiting for CUB's to apply for the chance to get a free PC. Please check out the post below and rehive it to your followers for maximum exposure. The more people that see this post, the more people apply, the more people apply, the higher the chance we do it again and help another CUB 馃榿馃榿
Rehive - @lbi-token/what-a-new-free-pc-or-laptop-not-clickbait