It's Wednesday 10 December 2025
Today's #lbi asset backed value per token is:
1 LBI = $0.158 USD ($30,827 total fund value)
This is equivalent to:
LBI's values through the liquidity pools are still well below these asset backed valuations.
Have a great day lions.
honest question, how is that relevant if I LBI is only convertible Through the LP. Can anyone swap LBI directly for the backed asset in the fund?
We do not have a "cash-out" option so you are right, the only way to exit an LBI investment is either by selling through the pools, or listing them on the order book.
I mention the difference between the asset value and the token price every now and then to highlight that I think LBI is cheap - but the market decides what our tokens are worth and right now it is deciding they are worth less than the assets we hold.
Why? I don't know tbh. I think a big reason is our asset mix. We hold roughly 50% LEO assets, and 50% HIVE. Hive people won't buy LBI because they dislike LEO. LEO people won't buy LBI because we are not LEO enough.
I'm struggling to find people in the middle, so our token remains prices below its assets value because of a lack of buying interest.
🎉 Thank you for holding LSTR tokens!
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