Hello, LBIer's. We end another week and it's been a good one, we matched last week's earnings so good stuff. If you are unaware, LEOfinance has launched leofi.io, a LEO leasing market much like dlease is for HIVE. I have used some of our liquid funds to lease 27k LEO power for the next 12 weeks. I hope this will increase our curation rewards by around 10% and we'll find out next week. CUBlife pulled in about the same as week and UTOPIS bought in half, maybe a slow week.
The dividend pool this week is 830 LEO
The top chart is this week, the bottom chart is a total of over 35 weeks.
Total earnings for LBI to date are 47,507 giving us a weekly average of 1,357
LEO. If we are able to 1500ish our base level earnings, we'll be able to build of that and aim for 2000. I am still watching 2 projects to invest into, both are looking good and we'll enter soon. Projects for easydefi & noloselotto.
We are liquid LEO broke, spent it all leasing 27k LEO POWER. Spent too much and had to borrow 50 LEO from SPinvest to make this weeks dividends payments, baaa-hahaha. Do I regret it? Hell no, our curation rewards will increase for the next 12 weeks :) Our HIVE balance is growing nicely as well closing in on 7000 HIVE and because HIVE is strong against LEO, it's working as a nice hedge.
We still work no HE tokens but UTOPIS this week went up from 3.5 HIVE per token to 5 HIVE so I guess getting in 3-4 weeks ago was a good move and were up 1200 LEO on that. Everything else is about the same.
Crypto is up this week so our CUBfinance wallet has done well. Everything is up in value and we harvested around 240 CUB which was converted and added to the BTC/BNB kingdom. Im looking and seeing a few new things we could build on, but it's hard when we get 100% on bLEO/BNB or 30% on BTC/BNB or 20% on ETH/BNB. Until we hold ok amounts of BTC/ETH and BNB, we'll prob not venture any further. Better building good foundations, we are not here to take risks in the early stages. I could see ou CUBfinance wallet being worth $25k by year-end if the second half of the bull run is getting started.
The total fund value is 317,975 LEO. This chart reminds me of the way SPI used to be before its off-platform investments overtook its HIVE holdings. God damn, that is a perfect looking chart. I mean to perform like this for 35 weeks is unreal.
Below is how assets are split up
LBI token price
Total assets worth in LEO
317,975 LEO
Total LBI tokens circulating
227,481
LBI token price - 1.40 LEO
It's not easy but it's not that hard either. We can see that being consistent and sticking to a simple plan yields results. 40% up in 35 weeks, that is more than 1% per week. With our target of 20% per year so we doing ok so far, would be cool to hit 1.50 LEO each by year-end. I would bet we finish higher but I'll say 1.50 so that when it does finish higher, I say can "look!, we did way better than I said we would". LMFAO. Knowing my luck, the ass will fall out of the crypto market this week and our price tanks 10-15%.
That's it for week 35 folks. Earnings were good, dividends are going out around the same time as i upload this and holding are growing. I've leased 27k LEO power so we'll hope that our curation rewards increase as we head toward making 2000 LEO per week.
CUBLIFE NEWS
This month CUBLIFE (CL) tokens have been issued. This month there were just over 1000 tokens issued at a value of 70 cents each. All monies collected this month were added to the CUB/BNB LP. It's starting to growing nicely and we currently have $14k under management.