30 hours more for CubLife snapshot , do you have enough LBI ?

in LeoFinancelast month

Good evening to everyone , I hope you all are doing good . This is just a reminder post to those who want to get involved in CubLife project .

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Well first of all , what is CUBLIFE ?

CUBLIFE is all of us, I'm pretty sure if you are reading this, you are invested in CUB.finance in same way and you'll understand how it works. CUBLIFE is a collective that anyone can be part of. The idea is to provide an actively managed CUB.finance portfolio that pays out handsome weekly dividends in the form of LEO to all CL token holders. The goal is to encourage people to take their dividends and reinvest/compound them down to grow a future nest egg through monthly group buys. CUBLIFE is a growth/dividend token at heart with a 100% focus on CUB.finance and its dens, farming and future kingdoms. Source

For complete information about CubLife , go to this post .

LBI and CL connection

CubLife is a project which comes under LBI project , you can call it a sub-project . Those who are holding LBI will get CL airdrop on 14th of May .

This is the schedule -

  • 7th May at 9:00 PM UTC - snapshot of LBI holders will be taken .

  • 14th May at 9:00 PM UTC - airdrop of CL tokens for LBI holders based on snapshot .

How can you get more CL airdrop ?

You already know the answer for this , buy more LBI .

You can buy LBI @ https://hive-engine.com/?p=market&t=LBI

or

here @ https://leodex.io/market/LBI

Let's look at some data

  • How many wallets are holding LBI as of now - 263 wallets

  • How much minimum LBI must be held to be eligible for the airdrop ? - a minimum of 10 LBI .

  • How many wallets qualify for airdrop as of now ? - 200 wallets

Eligible vs noteligible .png

  • Total LBI held in the wallet ( removing @lbi-token ) as of now - 223174.04 LBI

  • Average LBI holdings ( only those with 10 or more LBI ) - 1115.87 LBI

  • Median LBI holdings ( only those with 10 or more LBI ) - 109.753 LBI

Since average is more than median , it means there are few people holding big amount of LBI .

Is that unfair ? Absolutely not , it is an open market where you can buy as much tokens as you want , you want bigger airdrop ? Just buy more .

Quantiles

  • 25% = 40 LBI
    That means if you hold 40 LBI , then 75% hold more LBI than you and 25% hold less than or equal to 40 LBI .

  • 50% = Median= 109.753 which is already mentioned above .
    This means 50% or less hold 109.753 and 50% wallets holds more than 109.753 .

  • 75% = 646.32 LBI
    Again , it measn if you hold 646.32 LBI , then 25% hold more LBI than you and 75% wallets hold less than or equal to 646.32 LBI .

Top 10 accounts holding LBI as of now -

AccountAmount of LBI
@themightyvolcano45609.071
@taskmaster4450le20070.0
@wxmark12422.218
@underground10001.0
@onealfa10000.0
@myvest9374.668
@partituna6593.149
@d-company5291.919
@shanibeer5033.0
@forexbrokr5001.0

Things you must note

  • Although @lbi-token is holding LBI token , it will be removed from airdrop .

  • If you buy LBI after 7th May 9 PM UTC , it won't be counted for the airdrop .

  • Why 10 LBI minimum ?

We choose 10 LBI tokens because it requires 10 LBI to vote and to be honest payouts on less might not go through. The airdrop will equal to maybe 2-3% of your LBI holdings so nothing to write home about but the important thing is LBI tokens holders will all be evolved with the LBI new project.

Source

Finally


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Don't miss this opportunity , I personally feel this is a great project to be involved with .
Why I have a good feeling about this is - it benefits LBI holders too.

Those who want to be more involved in CUB can utilize this project to participate in the DeFi .


Regards, MR.

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Oh thanks for letting me know
I have to buy some

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Glad the post helped you to invest but don't sue me though if things go south lol .

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I have 100 LBI, not a lot but I think that's ok for a pleb :P

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100 is a good amount :p Almost near the median .

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and what's the value of the mean and the mode ? I smell a non Gaussian distribution :P

1115.87 LBI is the mean .

1 LBI is the mode actually lol .

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1 LBI lol :)))) didn't expect that, there are a lot of LBI plebs out there

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I know , I didn't expect that too :p

But actually it might not be too accurate because some users might hold 10.1 and others might hold 10.25 . For mode , it gets split .

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But the mode is the value that appears most often, why the split ?

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Yeah , see what happens is say 10 users hold 10.1 LBI and 15 users hold 10.15 LBI .

Now say 20 users hold 1 LBI . If we calculate mode , 10.1 and 10.15 although they are very near to each other they split and 1 LBI will be the mode .

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AAAARH: I NEED MORE LBI.. I ONLY HAVE 2 xD

Well I see that you have increased your balance to 10 LBI now :p hehe .

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Yes! Haha. FOMO is real :p

Lol true that :p

You can also buy them directly too .

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Its fine. I will stay at 10. I have to many things going on and not enough liquid hive to pay for it all xD

No , I meant you can buy CL directly too if you want . I wasn't referring to LBI .

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Ohh. I think I saw that, ye dno. There is a lot of things going haha

Ah that's for sure . Not enough liquid hive at all to participate in everything .

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This looks to be a great little project. Buying more LBI now! :)

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Glad to hear that @evernotice.leo :)

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Holding the bare minimum of 10 but kind of surprised I guess that there's only 200 people (or should I say accounts) holding enough for the airdrop.. Have a bit of liquid leo/hive but I think I'll save those for buying CL directly instead of buying more LBI, tough decision though!

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Yeah , the number of accounts surprised me too . Eventually I guess there will be more investors because the project is too good ( according to me :) )

I think I'll save those for buying CL directly instead of buying more LBI, tough decision though!

I will post the details of APR of CL once the first payout is out . you can make an informed decision then .

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Yeah, went ahead and bought a few more LBI as the token itself is very interesting too and because of the cap. Now on to CL, everytime I see your weekly engagement post I just stake and redelegate everything as it's just too good of a project :-p

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That's very sweet of you :) I hope you are happy with the returns so far . Will do my best to keep it increasing .

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Sure am, you're doing a good job. Noticed you had a tough time lately on a personal level. My thoughts are with you and hope you take enough time to process and work things out..

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I went in a lot bigger than I previously planned when it came to cublife. I am really excited about it. I hope more people jump on board because the idea of compounding a larger initial investment is really exciting to me.

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True , that means you won't be involved in CL project ?

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Oh no, I went in hard on cub life did you not see the list?. Multiple streams... I am all about that stuff...

Oh I missed the list , that's good to hear :) Hehe

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Ouch I didn't think I would have less LBI than the median. But that average is incredibly high so I wasn't expecting that.

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But that average is incredibly high so I wasn't expecting that.

The reason is because the top 10 users hold 50% of the LBI :(

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Yea that will definitely skews things quite a bit. I guess at least we have the median value so its more realistic.

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True , somebody suggested me to add median value , it is better than average value .

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Yes ! I have 25 LBI since few days !! And I see that I'm really with the low LBI account :')

I'll do my best to have more over time :')

Since I know That I'll don't get a lot with the airdrop, maybe not even one CUBLIFE I also bought around 10-15 with LEO today !

maybe not even one CUBLIFE I also bought around 10-15 with LEO today !

I amn't really sure how much amount we are airdropping yet . Everything will be known within a week .

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I am excited about this project and bought a few LBI recently.
I think this is a good opportunity to make an initial stake.
Another point is that you can also buy some LBI tokens by sending any amount of LEO to @lbi-token, tokens priced at 1.20 until hardcap.
Only issue is that this is manual process so may take up to 12 hours to get tokens as someone will send them to your account. But this is cheaper than market as current market price is 1.275

That's good to hear @harpreetjanda .

Another point is that you can also buy some LBI tokens by sending any amount of LEO to @lbi-token, tokens priced at 1.20 until hardcap.

I intentionally didn't add this to the post because if people send LEO and doesn't get back LBI in time ( before 9 PM UTC ) then I will be in trouble lol. It is less risky to buy them off the market for now .

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Yeah that’s true
There was some time to get them in time yesterday but not now i guess.
And that’s why I mentioned this is the comment as well.
Thanks for sharing the information

Got as many as I was able to, but not nearly what I was hoping! Considering tacking on a few dozen tomorrow though!

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That's good to hear :)

Well you have time till 9 PM UTC today so see if you can buy by then . If you buy after that , it will not be counted for airdrop .

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