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RE: LBI Weekly Update post - Year 2 Week 46 - W/E 7 June 2026
I really think we need to reconsider our engagement in all those projects. This goes for EDS/EDSI, DAB, Duo, Alive. I don't know much about those projects and would like to and I would like to assess whether it is profitable to even take part in them. For example EDSI (haven't we talked about it already called @silverstackeruk?). I just want to know the math behind it. We delegate 10k HP to a project receiving hundreds thousands of HP and growing by 150 HP weekly?
0.00000421 BEE
It's growing by a lot more than 150 per week - that is it's profit - sort of.
https://peakd.com/saturdaysavers/@eddie-earner/edsi-updates-whats-been-happening-and-hows-things-are-going
That post shows how it's all going overall - nothing much has changed since then as far as I can tell. LBI gains around 50 new EDSI each week, which are fully backed 1:1 with HIVE. We get around 13% APR on our EDSI.
DAB is very similar. The difference is that the DAB token itself is not backed fully by HIVE. DBOND is, and RUG is backed by assets off chain in liquidity pools to earn APR. It won't surprise if the DAB project gets shut down at some point, which is fine as the vast majority of our holdings are fully asset backed. SSUK winds things up fairly when he has to shut down a project.
Alive and DUO, similar to CENT and HSBIDAO bring new holders into LBI, they have expanded and refreshed our project by drawing in new investors. Projects still working towards the future here on HIVE at this point, after such a long decline overall, and so many shutting down, deserve some support. We are in a position to do that, to a degree.
Just my thoughts, as we saw with Leostrategy I can get it wrong.
Cheers mate,
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The said link claims it grows by 381 Hive a week, so let's say it's 400 Hive weekly as the amount is bound to grow since the post date. Thank you for detailed answer. Let's ask @eddie-earner if he has any estimate about when the flipenning is bound to happen or how far are we.
!ALIVE !HEARTBEAT