LBI earnings and holding REPORT - #45

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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-token. The goal is to provide a community based and ran investment vehicle focused primarily on the LeoFinance community and LEO token. We provide a weekly LEO dividend payment to all token holders whilst also increasing the value of the LBI token slowly but consistently over the long term by only investing into things that will stand the test of time.

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.

Earnings are down a little this week but we still pulled in 1776 LEO which is higher than our average which is good.

The top chart is this week, the bottom chart is a total of over 45 weeks.

Total earnings to date are 57,257 LEO giving us an average of 1,272 LEO.

We had to borrow 402 LEO to cublife this week to cover its dividend payment due to a problem with unwrapping LEO. I think we'll be involved with gaming soon so we'll have a use for this liquid LEO above and HIVEp below.

Our CUBfinance wallet is growing nicely as the price of everything increases. We've seen LEO increase 4-5% over the past week, ETH hit a ATH and everything else up a little. CUB itself has also increased so we might see 50 cent CUB again.