A little knowledge can take us a long way.
One of the exciting things about the development of different DeFi platforms is that we can learn what is taking place. By doing so, we can take advantage of new opportunities are they arise.
LBI was designed to support the Leofinance ecosystem. Through the last year plus, we remained dedicated and loyal to the platform. As things grow and expand, we are positioned to keep the holdings growing.
This is one of the larger holders of the LEO token. Each week, we manually curate content which helps to grow the holdings even more. This is the foundation upon which we are building.
That said, there are other holdings that we keep shifting around. This is especially true when there is the opportunity to garner a bit of a return. Polycub is the first project that is giving an airdrop based upon CUB holdings. The LBI treasury has some CUB which is resulting in POLYCUB being dropped.
What we are seeing is the first iteration of this. Most of us are just learning the process while the protocol is being tested. If the tokenomics prove true, we can position ourselves to take better advantage of the next one.
One of the biggest advantage to Leofinance is the trust factor. When it comes to DeFi, particularly yield farming, is that we see a Wild West. Perhaps the biggest concern is rug pulls. There is no doubt that we see a lot of projects where the team behind it is completely unknown. These days, a bit of development ability is all that is required to push forth a platform. With all the open source software, just a few modifications and a new "Farm" is active.
With Leofinance, we are well aware of the team and what they are focused upon. There is no concern whatsoever about that taking place with this ecosystem. Most understand we are looking long-term, at every level.
All of this presents the opportunity. When the returns are outrageous, which will happen with each new "EVM" Cub opening up, we can pile in to get some juicy cashflow. Even if it is not a long term position, we can add to the LBI treasury, helping the overall APR.
Of course, if the tokenomics prove to be true, we can consider how to approach the ongoing evolution of this protocol and the fact it is going to be repeated a number of times. Remember, LBI's stated goal is 20% annual return. In cryptocurrency, this is easily surpassed with some knowledge. Being loyal to the Leofinance platform means we can enhance out position in LEO, if desired, through these others projects.
Ultimately, the long-term plan is to feed the value back into the LEO token. The other tentacles are new levels to start generating more value.
Either way, we just stay the course. There is a core foundation we operate from which includes posting and curating. This helps to bring in steady returns. After that, we can focus upon some other projects that help to feed more into our little ecosystem here.
At the end of the day, even if we do not hit a homerun with something like Polycub, just getting a bit more ROI is what we seek. We know that it all adds up. With the long term focus, this can be very valuable.
Jumping on opportunities when they present themselves and applying our knowledge is what will help to keep the value of the LBI token holders growing over time.
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