LBI is a pooled investment token on Hive Engine, with a diverse range of holdings across HIVE. From HP and HBD, to positions in liquidity pools and various Hive Engine projects, think of LBI as a diverse basket of Hive assets. We have invested for asset growth, and share a portion of our weekly income as a SWAP.HBD dividend. Another portion of our income provides liquidity incentives for token holders to add LBI into various pool.

Each week we publish this detailed update, showing where all our assets are invested, how our income has tracked, and any other relevant information for token holders and potential holders. Our token is fully distributed, and we have a slightly deflationary token supply thanks to a weekly buy back and burn program.

Here are the token prices used in this weeks update:

And here is the link to the last report for comparisons

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Assets

@lbi-token

I have not done a lot with this wallet this week. We gained 40 HP, and 1.2 HBD across the week. I've moved another 1000 HSBIDAO over to the Three wallet. Value is down a bit, with HIVE slightly lower, and LEO (which is now held in this wallet) down also.

@lbi-eds

We added 56.68 EDSI across the week, with our EDSI growing faster these days. Our increased HP delegation adds more EDSI than we used to get, and the EDSD contributes well while HIVE price is so low. Added a bit more HP over the week from the Leo wallet power-down.

@lbi-dab

We gained 53 DAB for the week, and 20 DBOND from our RUG rewards. We shifted to all liquid DAB to boost income across the week. No changes this week overall.

@lbi-cent

In amongst all that detail for the CENT wallet is CENT stake. We bought a bunch of CENT this week, and now hold 2.5 Million staked. These are then delegated to @centtoken, who reward us with weekly SWAP.HBD. This has given a boost to the yield of this wallet. I used some remaining LEO sitting in the LEO wallet to make those purchases. LEO keeps going down, and CENT has held or is up a little, and I think will perform better in the short to medium term tbh.

@lbi-three

Shifted some of the HSBIDAO over from the main wallet to add to these pool positions. Will continue to do that gradually over the coming weeks and eventually all our HSBIDAO will be in this wallet. Slow and steady in the game itself, waiting for new features and add-ons to role out.

@lbi-alive and @lbi-leo

We continue to wind down the LEO wallet, and slowly build the new "ALIVE" wallet. We have added to the LP position, to help ALIVE improve it's liquidity in advance of the launch of a new ALIVE:LBI pool. Watch this space...

@lbi-bbb

Another week without any token buys for LBI. Each week that passes without a buy is a good week, as it means that LBI has not traded at or below it's asset backed value at all across the week. That is a win in my books.

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Totals

We end the week with an asset backed valuation of $0.064, around $12,172 of assets in our wallets. HIVE has been under $0.06, and LEO continues to drop, so in this light I am happy to hold above $12,000 for now.

LEO is down to 13% of our fund now, it's lowest point I think I can remember. 40% HIVE, 20% USD and the rest you can see above.

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Income

A good week for income, topping 14 SWAP.HBD for the first time since switching over from LEO as our base currency. An increase in the price of HIVE would do wonders for this, but building the income base while HIVE is low is going to work well for us. Next goal is to push over 15 for the week.

Dividends have gone out for the week, at a yield above 2% for the first time since early March, back when Leostrategy yield was still (sometimes) getting paid out. 2% dividend, for a growth fund is decent. Don't forget you can get extra yield from your LBI by adding to the Liquidity pools. Take a look at the weekly update on LBI liquidity to see the options and how they stack up.

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Conclusion

We close the books on another week for LBI, with this week really being about consolidating our positions and improving our liquidity. The pools have nudged above the 20,000 LBI liquidity in them for the first time in a long time. Income is up a bit to it's highest amount in the time since we swapped over from LEO to HBD. Despite HIVE's woes, we are doing ok, and positioned as well as we can be to survive more woes, or prosper on an improved performance for our home base.

Thanks for checking this weeks update, drop a comment below with any thoughts, questions or opinions on anything LBI.

Have a great week,

JK
@jk6276 for LBI

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