LBI Weekly Holdings and Income report - Week 33 - week ending 16 March 2025

lbi-token in #lbi • 8 days ago

Hello and welcome to this weeks LBI Holdings and Income report. LBI is a pooled investment token based on HIVE with a range of assets backing its token. Each LBI token represents a share of the assets, and the value of that share is published daily on inleo.io as a thread. All you have to do is check our profile page to find the most recent "Asset backed Value" for the token.

LBI came under new management last year, and we are working on raising its profile, converting it into a token that shares a portion of its income each week with token holders, while also selecting investments to maximize growth. LBI's roots are firmly planted in the @spinvest ethos of "get rich slowly". We don't chase amazing returns and massive gains, we look for solid investments, long term growth and the magic of compounding.

Can you believe it is already 33 weeks since we relaunched LBI under new management. Time flies.

Anyway, on with the report - it'll be a brief one today, am crunched for time.

Asset prices at cutoff:

Last weeks report:
https://inleo.io/@lbi-token/lbi-weekly-holdings-and-income-report-week-32-week-ending-9-march-2025-lfm

HIVE Wallet.

62 HIVE added this week. Trying to let the HBD balance grow, and use post payouts instead of unstake from savings for the daily income shift. Will see how it goes as I also pay for LEO Premium and our dividend bot from liquid HBD. Worth a try to allow our HBD balance to grow back after dipping into it a fair bit.

HIVE Engine wallet.

As mentioned in this post we have started an unstake for our LEO. This will be moved over to a new wallet - @lbi-leo - to build a single purpose wallet for LEO. Some may get sold for HIVE to either power up or buy miners, but the long term goal is to return to growth over time for our LEO and build up a new stand-alone wallet for all things LEO. Facts are that LEO stake yields around 4% APR from curation, while leo.voter delegation yields 12%. To boost income and growth, it is clear which path is better. I do think this is a major problem for the LEO economy, it disincentivizes holding staked LEO, while making it beneficial to sell LEO for HIVE. Pretty simply, I see a need for an overhaul to improve the financial incentives to hold LEO staked.

@lbi-eds wallet.

We added 20 EDSI, and a little EDSD again this week. Super reliable as always. We also add 3 HIVE Power each week just through inflation. Simple growth.

@lbi-dab wallet.

387.286 Total DAB this week, up 16.761 from last week. Nearly 28 DBOND added also, so our growth in HIVE value this week is 44.717.

@lbi-pwr wallet.

This wallet also grows in total by 42 Hive value per week. Some gets added to the pool, and some gets powered up to build its HP. Another reliable steady performer.

Totals.

USD value is down a little, around $500. HIVE Value drops also slightly, while LEO value is well up, around 1 LBI = 7.5 LEO now. LEO's price decline is the main factor in play here. If it turns around and tarts to increase, the our USD and HIVE values will increase, and the LEO ratio will drop.

INCOME statement.

Income is up this week, with basically everything bringing in a little more. This is ok, but mainly a function of the LEO price dropping. Most of our income is HIVE, so when LEO is down that HIVE income converts into more LEO.

The dividend run has been delayed. @balaz is working on the bot, and it's not ready to go yet. I have the dividend money on hold for now in the @lbi-bbb wallet, and will send it out when I get the go ahead from Bala.

Conclusion.

A steady week this week. Everything basically doing what it is intended to do. Dividends will be paid when I can. Over the next month we will have some changes and our LEO position will be moved, and changed as mentioned above and in the post I linked earlier.

Have a great week everyone,

Cheers,

JK.

Posted Using INLEO

#update #inleo #hive #pimp #archon #cent #neoxian #tribes #pob

8 days ago in #lbi by lbi-token

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tbnfl4sun 8 days ago

"Pretty simply, I see a need for an overhaul to improve the financial incentives to hold LEO staked."

Agreed! What happened to that chart that shows how much is staked by the community as a whole?

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2 votes

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dagger212 8 days ago

Am I understanding you correctly? For a token/fund named Leo-Backed Investments, you're planning on unstaking the LEO and selling it?! Plus, you're planning on doing it while it is priced under 2 cents?! That makes no sense to me. If anything, I feel like this fund should be buying LEO here. When I look at the total assets of the fund, the asset with the most potential is LEO in my mind. If it goes back to 5 cents from here it's damn near a 4x. I see nothing else in here with that potential. The income being generated should be adding more LEO here while it's cheap. If HIVE makes a run, great. But if it goes to $1 (4x), LEO will probably get dragged with it to 10 cents (7x). You've already got the LEO-BACKED FUND down to a whopping 13% of LEO. Granted, that low number is partially caused by the low price, but again, if anything, this fund should be BUYING more LEO, not selling it.

The fastest way I know to go broke is to move a bunch of shit around when everything is down. Throughout all the changes and the malaise of not really having anyone doing anything with this, I was at least comforted by the thought the fund had a bunch of LEO in the bank. This is totally opposite of what I signed up for in the beginning.

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2 votes

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tbnfl4sun 8 days ago

This is why I have been staking more LEO!

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1 vote

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lbi-token 7 days ago

Hey, thanks for the feedback - I think I have probably not explained things clearly.

The plan is not to sell all the LEO. I'm moving it to a separate wallet, and do plan to sell some of it. The thinking behind this is long term, and not really factoring in pricing. The goal is to increase LEO income, and get back to growing our LEO bag in the long run. It may seem like a step back in the short run, but if we can make 60 or 70 LEO per day instead of 20-30, passively, then we can have a much bigger bag in years to come.

To answer some specific points here:

I feel like this fund should be buying LEO here.

We buy 600+ LEO each week, from external sources (our other Hive investments) and split that a few ways. Last week we bought 671 LEO, and sold 351. I strongly believe that generating non-LEO income and bringing it into the LEO economy is a net positive for LEO, and for LBI.

The income being generated should be adding more LEO here while it's cheap

The income would be getting generated if we hadn't invested in non-LEO Hive projects. The fund had HBD earning interest, nad that was about it for non-LEO income.

You've already got the LEO-BACKED FUND down to a whopping 13% of LEO.

That was over 40% just 3 months ago, and it's not dropped because of us selling anything. We have more LEO now than we did then. Here is the link to the weekly update on December 8 2024 for comparison

Throughout all the changes and the malaise of not really having anyone doing anything with this

LBI was most likely to have been wound up if I didn't step up and offer to take over. Token holders would have been offered around 2.5 LEO per LBI to shut down.

I'm sorry you are not happy with this direction. I have had a number of token holders suggest to move completely away from LEO completely - rebrand and focus on other areas. Others have been ok with keeping our exposure, but building the other incomes as a priority. In 8 months, yours is the first comment suggesting we should be buying up more LEO. Juggling a majority of the remaining active holders wanting to scream and shout about our bHBD unwrap that is still waiting after 33 weeks with no end in sight, and trying to do what's best for everyone hasn't always been easy. Sorry that you are not happy. For $1 to $2 per week that I am collecting for running LBI, maybe I should have just left it alone to be shut down.

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1 vote

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dagger212 7 days ago

Don't mind me. I was just grouchy this morning and it came as a shock to me that you were planning on selling LEO at these prices. I appreciate the fact that you continue to work on this when nobody else wants to. As you say, it's not like it's making you rich. Hopefully one day that will change.

In the meantime, I guess I was just under the impression that we would be trying to make each LBI backed by more and more actual LEO over the long haul. Like we have 200k now and maybe in a couple years it's 250k, so each LBI is actually worth more LEO tokens. Not just dollar amount, but actual LEO tokens. I like a few of the things you've done with Hive and HBD as well as EDS. I'm not very familiar with DBOND and PWR but...it's your call. Like I said, my biggest problem would be selling LEO here. Even if it goes from 4% to 12% return, you lose any chance at the asset itself making gains. Personally, I don't think we should ever go below one actual LEO token per LBI in existence. And, again, I'd like to see us grow that number.

It is what it is. You're the boss. I've got enough of my own LEO that LBI is no longer something I factor into my long-term goals. I just don't think selling LEO at these prices to try and make an extra 8% on something this cheap is worth doing. If LEO just goes back to 2 cents that's a 50% return from here and we miss it trying to squeeze out an extra 8%? Just my 2 cents...no pun intended. 🙂

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1 vote

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lbi-token 7 days ago

One thing I'll incorporate from this feedback for sure is to keep track of the LEO owned per LBI with the new set-up. I agree building our LEO holdings (per token) in the long run is a good goal to have.

I guess the other possibility would be to pull out the remaining HBD savings, and use that to fund the HP and LEOM positions, keeping the 200K LEO intact and return to growing it. I have some LBI holders that won't like that, I'm already below where I wanted to have our HBD savings.

Might make a post to gather feedback on the options - I'll tag you in it so you don't miss it.

BTW, are you aware we have an LBI/LEO liquidity pool? It has 35K LEO in it from LBI holder deposits. If you have any spare LEO to pair with your LBI tokens? It has the daily pool yield (currently around 8%), plus the tokens in the pool still get included with the weekly dividend calculation. Anyway, just thought I'd throw that out there also.

I do appreciate the feedback, and will keep your 2 cents in mind before I make any final moves.

Cheers,

JK.

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1 vote

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jocieprosza 5 days ago

Are you aware we started this fund when Leo was at $1 and it's the other assets that keep us afloat? I'm against buying any more Leo, we may keep some for the x7 event you're talking about, but that's all.
This project is not backed by Leo, it's denominated in Leo, it's backed by other assets that didn't loose 98% of the value

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hivebuzz 8 days ago

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