It is a token that started being sold for 1 LEO. It is now 1.1 LEO for each LBI.
The tokens are part of a fund that looks to grow over time, increasing the value of the tokens. Since it started about 2 months ago, the value is up to 1.05 LEO per LBI token. That is an increase of about 25% annually.
Over time, as the fund gets larger, it enables investment in different things, increasing the return.
RE: Leo Talk 3/03/2021 -Come Join Our Chat