Whenever a LENM token is sold by us on the market, 100% of the proceeds are powered up on the account 
In addition to the LENM tokens that are sold, the fund grows also thanks to a constant reinvestment of the profits. Around 30% of the weekly income from the delegated hive power is reinvested into the fund. But that is not all because there is also the organic growth of the stake that adds close to 3% APR to the fund just for the sake of being staked.
The income generated from the delegation of the hive power of the liotes fund is distributed as follows:
- 30% is reinvested in the fund
- 40% is used to burn LEN tokens
- 30% is invested in 2nd layer investments
When you look at the evolution of the liotes fund over the last two years, you can see that not only this fund is growing constantly but that it is growing faster and faster.
In the past weeks we have sold a considerable amount of LENM tokens on the market. This has the effect that an always bigger amount of Hive Power can be delegated out and the income generated gets bigger and bigger. What has to be said in this respect is that the return of our delegations have gone down slightly over time. This is mainly due to the fact that the APR for curation on hive has the tendency to decrease over time.
During the last week, we managed to burn again 60% of the weekly supply of LEN tokens. We also noticed that the quantity of LEN tokens that are not staked in diesel pools is actually decreasing for more than 5 weeks in a row. This is in fact very positive.
A project run by 
