Sample LBI earning report based on 5 days

in LeoFinance4 months ago (edited)

Good day to you LBIer's and to those interested in what we are doing in his corner of LeoFinance. As Saturdays will be earning and reports day for LBI, I thought I would give a sample of how things will look as for as earnings are concerned. I have been playing about with a spreadsheet for tracking earnings and we have 5 days earnings so why not share as im sure token holders will be interested to know and will enjoy the sample. I like to keep things clean and easy to understand. Makes life easier.

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So let us jump right in and begin. LBI launched on the 7th of Dec and we only started to receive curation rewards from 15th because of the 7 day payout and 1 day to receive it from contract_tokens (my new best friend). Curation rewards started off slow but by Wed we were getting 70 LEO per day and then we had the small SCOT hiccup from last week that we can see on Fri.

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So that is it and like I said, nice and simple. You can easily see the total earned for each day and weekly total for each different income source along with the weekly total in the bottom corner. Finally the dividend pool for this week, there no are dividends payments until 2021 so this is just shown as an example.

Let's talk about earning over 400 LEO in 5 days keeping in mind the SCOT bot thing from last week. I cant not see any reason why LBI will not produce at least 100 LEO per day to start with, we have been powering up LEO and our posts are getting fantastic payouts because of all the engagement. We are even already making a small earning from leo.voter with our 200HP balance and the only way is up.

Put this chart together quickly just the show you in percentages and give a rough idea of how earnings will be coming in to start with.
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Right now it is showing LEO content as earning the most with 52% of earning coming from that, 40% of curating content and 9% from HIVE content rewards. Hmm, that's 101%? maybe it's rounding up numbers. Anyways, I am going to guess that curation rewards will be top dog earner for us because we will always be powering up more LEO but content rewards will peak out and level off after some time.

Just out of interest, let us work out how much of a dividend someone would get if the held say 100 LBI's tokens based on the current circulating supply and LBI earning 100 LEO per day.

  • Currently LBI's token in wallets - 154,761

  • Weekly earning - 50% of 700 LEO = 350 LEO

  • LEO dividend per 100 LBI's tokens held - 0.226 LEO

  • Yearly dividend APR est of 11.80%

  • LBI token value price increase - 0.002 LEO each

Not to bad as a starting point and keep in mind, the price of the LBI will increase also. In fact, if we held off dividends for the first 3 months of 2021 the token price would increase quicker as 100% of earnings would be reinvested. As a reference, SPI never paid out any dividends for its first 10 months and it's first week's earning were around 40 HIVE. LBI has got off to much better start and I can see us moving at a much faster pace because the community is so willing to pitch in and get things done. It's so refreshing and remind's me of steemit, summertime 2017, good times.

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Just by looking over these 5 days of earning we can see that everything is working as planned and it's good. Next Saturday I will upload out first full weeks earning and holding report and I have to say, I am looking forward to it because I think it's gonna be good are at least not disappointing.

Thank you for reading today's post from LBI, I hope you enjoyed it and you now have some sort of idea of the earning power we have. This is base-level earnings and over the coming months as we branch out into other income creating sources like gaming, Leo miners, maybe leasing LP are investing into dividend-paying tokens our earning will increase nicely. We're are off to a fantastic start. Thank you to everyone for their efforts to date.

Authored by @silverstackeruk

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I would vote to hold up for 3 months of dividend payments to scale things up. If someone needs liquidity, can sell it's LBI tokens and has the dividend included as it has been reinvested, of course minus the liquidation fee.

If you keep the way you work till now, by releasing posts with updates, which, besides the revenue out of votes, bring also a higher reach and trust in the community and reinvest it with a profit, I'm pretty sure that the 1000 LEO/week can be reached.

I'm happy that I manage to stick to my plan to have roughly 1% of the tokens issued.

Thanks for the update.

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We will definitely have that conversation with the community since there is some interest. You are not the only one who is willing to forgo the dividends to help the project grow quicker.

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Thanks for the answer. One is a slow start and one is a rocket start. In this case I think a little patience is needed to have the later one. Maybe to a post with voting of the stakeholders on that matter, like a d.poll post for example.

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That is what I was thinking as well as if it benefits everyone to not have a payout and keep reinvesting that is what we are here for and that is growth. This extra 3 months should make that much of a difference which everyone will benefit from. I have nearly 1500 LBI's so according to this I am sacrificing 40 odd Leo in earnings which is nothing looking at the big picture as that earning power will be that much more by delaying payments.

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Error in voting.

Congratulations.

Hopefully you buy a few more LBI with the payout.

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Thanks for the error. :)
Nice pre-Christmas gift. Definitely I will buy LBI Tokens for them as it helps keeping up with the target on holdings (1%). :)

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I am still slowly working my way to that 100 LBI mark, just put in a request for 9 more, so like I said slowly getting there. After that 9 I should be up to 66.

We appreciate the support.

They will be sent as soon as SSUK gets back online.

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Being 8 or 9 hours different than England/GMT/UTC time, I am pretty good at not stressing over where is it where is it. LoL. It will get here when it gets here.

Add me to the list of forego dividends for 3 months.

I would rather see the value of the project grow and the holdings get stronger.

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Looks like we have something to vote on. This will be an easy one to use as an example fop the governance process will work.

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Wow great start with more than 11% APY (not considering increase in token value). I do agree these numbers are just starters and going to grow with time.

Also as dcity is giving upto 250-300% APY. It would be better to get into it as early. It can be started by spending 5% of weekly earnings or less. That would definitely increase APY over longterm.

Another lucky one also I see.

Good for you all.

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How much do you need to spend to get that APY. trying to understand dcity and still wondering how you can earn that much lol

Just check out recents posts from @luca-legend. There he has made sample dcity costing 100 hive with about 300% APR.

You can start with any amount, but market is better at start than going for random cards.

Great stuff!

When do you stop the offering at 1 LEO for one LB1 BTW, or has that already ended?

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No definite plans. It is based upon the earnings and the value of LBI.

For example, if each LBI is worth 1.10 LEO, selling 1 LEO doesnt make much sense.

SPI started to creep the price up as it neared the 1.05 level.

No problem through the end of the month at a minimum.

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LEO dividend per 100 LBI's tokens held - 0.226 LEO
Yearly dividend APR est of 11.80%

This sounds amazing to me and I know it will increase in future .

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It increases since each of the areas mentioned keeps growing.

The HP that account is delegating to Leo.voter is only going to keep going up, thus providing a better payout of LEO in that area.

Multiply that same idea across 3 or 4 different areas.

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Absolutely , that is why I feel this is the best investment I have ever made ( Because I believe LEO price will increase exponentially (( Not exaggerating )) too )

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Many on Leofinance feel the same about the LEO token.

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I would also forego dividends for 3 more months for quicker increase in LBI price. Let's create a monster. :)

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Looks like we should put this to vote. I'll try and have the governance post out on my next posting day, next Thursday and we'll get a quick vote in before the new year start.

This will be an easy vote to show an example of the governance process

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This is a very positive start and even with the hiccups not bad at all. There are so many earning potentials available now that SPinvest never had this has to do way better. I know I am just going to add a little bit every day for as long as I can as I know it will be a great investment long term.

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Deffo a great start, cant wait to see what we can turn this into

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How i can get devidens? Just holding in wallet or reinvest with send my LBI to @lbi-token?

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Yes simply holding LBI enables anyone to share in the dividends.

There is no staking or anything else to do.

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wow simple to earn dividens just by holding LBI TOKEN 🤩

Yes we want to keep things as simple as we can.

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Reading this report and many comments, the only conclusion is to buy as quickly and as much as possible. Unfortunately, I am also in the process of consolidating LP and here comes a dilemma. I will try to buy, I think there is no other solution.

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really good numbers. I also think about to get more LBI Tokens for an long term hold :)

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Some great progress here! It’s about the long game for sure and you’ll keep getting some Leo from a lot of us like me. Some great looking stats here, thanks for the info!

A lot are adding on each day or every couple days.

This is great to see. It keeps adding up.

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Such a great start, @lbi-token.

Congrats!

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Thank you, yes we are doing great and people are still lots of tokens :)

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Nice. It means i need to buy 50 more LBI tokens to make it 100 💯✅

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That is a great goal.

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This is very cool stuff. I'm floundering around the blockchain learning as much as I can. I think investing my earnings might be better for me than curating in the long run. Your strategy just furthers my ambition to grow @leofinace through simple marketing hacks like the youtube marketing I've been posting about. I think with LBI and marketing my needs may be served. Lots of thinking to do lol

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Always lots of learning to do and thinking as well. LBI is the first of many tokens to released on LEO, people will see our success and try to capture some of that.

Thanks for stopping by and dropping some feedback

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for sure. It's all good stuff on Leofinance. But so much to learn

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add me to the forego earning for 3 months w/taskmaster as well - i'm here for the long haul.

i also have some HP(600) that I could delegate to the project - i'm not really using it for anything, I may as well see if it can help the community.

just tell me what account to delegate it to.

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@lbi-token

We appreciate that a great deal. Every little bit helps.

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Very good information. By January I hope to buy more LBI

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Thank you @celi130.

We look forward to making LBI one of the more successful projects on Hive.

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Healthy returns!

I too would happily give up any dividends for a few months to get a boost under this thing. Will keep an eye out for a formal canvassing.

Looks like we will have an easy first governance vote and decide on holding back dividends.

Thanks for your feedback, a few others share your thoughts

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400 leo in 5 days awesome!

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An average of 80 LEO a day. We should be able to push it near 100 a day in the next week or so. If we all start to get involved and help the place grow, we can get there.

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@silverstackeruk, I have a problem. I transferred 25 LEO to @lbi-token and got only 19 LBI. Can you check please?

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Might be best to send him a DM on discord to ensure he sees it.

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Can't find him. Can I have his Discord username please? Or does LBi-token have a Discord server?

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Glad you guys are building the community
and keep it stronger through collaboration
It should be a great buy for this token
I will get some for sure.

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I have sent 1.6K+ LEO to LBI-token on 07.12.2020, is sending LEO to LBI-token to exchange LBI still open? Or I shall buy LBI in open market?

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