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 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.
Earning this week are down some on last week. If you look at Sat, Wed and Fri, you'll see that curation rewards a not good. There were a few problems with the LeoFinance frontend which as not their fault, it was another HE problem, scotbot as far as I know. I wonder how much money it costs the HIVE ecosystem when HE has issues and goes down?. Thousands or the tens of thousands per hour?
Anyways, earnings this week were ok. We've had alot worse on weeks when everything has been working perfectly so we can't complain. I will but we shouldn't. lol
When i look at holdings, i have mixed feelings. I see our HIVE POWER balance growing each week from our content rewards and I see our LEO staked balance that has not increased this year yet. I dont like powering down but the HIVE account now has 10,000 HIVE and it could be time to refocus and add another 5000 LEO to our staked balance on LeoFinance. 260k sounds so much better than 255k. I'd like to see some action in the LEO token price before starting a HIVE power down. I dont mind getting a little worse HIVE > LEO conversion rate if we know Leo is headed to 30 cents plus. From my POV, our HIVE POWER is worth 45-50k LEO. If I convert some back to LEO and the price of HIVE moons again, I have made a bad trade. This is the dilemma.
We get HBD rewards but they are covered to HIVE and paired off we LEO to be added to the beeSwap LP as we build a smallholding there to get BXT rewards. I converted this week CUB harvests to beltETH for a change. Im looking at our BTC/BNB LP and im thinking, could be a good time to build up some ETH to the same value. If the bull market is taking break and everything moons again in a few months, ETH will probably outperform BTC/BNB plus the vault rewards are much better for ETH at the minute.
That's about all i think of right now, have a great weekend everyone. Div's should have already been sent out
Get LBI on LeoDex - https://leodex.io/market/LBI
Get LBI on Hive-engine - https://hive-engine.com/?p=market&t=LBI