It's about time I got a weekly update post done for LBI. Missed last week, so I'll compare our performance to the numbers from two weeks ago.
Here is the link to the last report two weeks ago
And these are the current token prices at cut-off time for this update:
Assets
I am continuing to shift our LEO over to this wallet. It is being delegated to 
Overall, value's are very little changed from two weeks ago, aside from the LEO move.
Have increased the HP in this wallet over the last two weeks, primarily from the leo wallet powerdown. We are approaching 10K HP here, all delegated to 
Chugging along. I have just un-staked all our DAB. There is a chance that 
This wallet continues to spin out a high yield for us. We pull 0.3 HBD per day out as yield, which equates to an annual yield of 16% currently. Asset value has dropped a little over the last two weeks, but many things are down so that is not unexpected.
The wallet continues to receive small amounts of HSBIDAO transferred over regularly from our main wallet, to build the pool positions. During the week, we did a token swap of some spare LBI from buybacks with the 
As for the Three game itself, our progress has slowed dramatically. I've used up all our tokens from the started pack, and it's taking a few days to gain enough THREE income to add to our family. The cost for us to "read blueprints" is very high, as is the cost to do any building upgrades, so our growth has slowed to a crawl at the moment. It seems only a matter of time now before we start to be overtaken on the leaderboard.
The shutdown of this wallet continues. We have just one LEO powerdown to go. The HP here will take longer obviously.
We have not actually bought back any LBI tokens for a while, with the price pleasing holding above the Asset Backed Value for an extended period. I've added a fair chunk of the tokens we bought back into the various LBI liquidity pools, building up a protocol owned liquidity base. The main goal is to build further "permanent" liquidity in our supported pools, and assist in bootstrapping new pools. This is why the amount in the new SWAP.HBD pool is significantly more than other pools.
When I set up the reward contract for the HBD pool, I did try to exclude this wallet from receiving rewards. But that did not work. So just for clarity, any pool rewards this wallet received will all be added back into the pools.
Totals
Down a few hundred $$$ from two weeks ago. HIVE is the same price, but LEO is down over that time. As much as we have downgraded LEO in our portfolio, it still comprises over 15% of our assets, so it's price fluctuations still have an impact.
Income
The good news this week is that our income is creeping up a bit, with 12.739 being the best total since we swapped over to using SWAP.HBD as our base token. Periods early in the week where HIVE price was up help that, as our mainly HIVE income converts at a better rate into HBD. To be honest this is one of the main reasons I went with HBD, if HIVE ever recovers and gains value, our HBD income will be higher. Income could be better if I can get more content out.
We have sent out just over 5 SWAP.HBD as dividends, at a yield of roughly 1.83% annualized. Not much, but a lot of our fund is growth, and that is only 40% of our actual income. A similar amount has gone to fund the pool rewards wallet. 13.499 LBI burned for the week.
Conclusion
Another week in the books for LBI. Things have stabilized a lot since the change of direction away from being LEO focused into a general HIVE project. We have a fair idea of what income we can generate now, and pleasingly the price has not dropped by more than our Asset Backed Value. The crunch we suffered from the Leostrategy tokens price crash still hurts, but we re-build from around $13,000 base value (provided HIVE can hold $0.06).
Thanks for checking out this weeks update, all comments are welcome below.
Cheers,
