Hello LBIer's, today we are going to look into our HIVE wallet. Since its launch, our HIVE wallet has been building from content and curation rewards and until now has remained pretty much untouched. Earnings from HIVE content are received in 50% HIVE POWER and from curation, 100% HIVE POWER. Because LBI puts out daily content, our earnings are very consistent and our road from 0 HIVE to over 10,000 has been 1 step at a time and very predictable. Let's take a look at roughly what we are earning, what are saving, powering down and the basic plan for our HIVE holding other than acting as a hedge holding against LEO. 

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/AKe9T3j6eoetU716AK9HyCMyM3cRTukC5WTewwwzo9qMq3XzMFSwPDouBZmXAmC.png)

### What's in our HIVE wallet today?

HIVE - 4.018
HIVE POWER - 11,472
HBD - 303.49

**HIVE POWER breakdown is**

10,006 delegated to leo-voter
52 delegated to cublife
26 delegated to lbi-payments
1300 in power-down

We also receive 8251 in donation HP leases from 4 token holders, tasktaskmaster4450le, ro-witness, cryptoandcoffee and rxhector. Shout out to these guys for helping build our curation rewards. 

### Breaking down the wallet

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23wC3XFp1x9Twn4puCNCczTE16pLF7PcBQ68adKPZTnmtqFsrzjzGWj79NDa7a9GWry5P.png)

**HIVE**

No plans to be holding any liquid HIVE so no plans for this part of our wallet

**HIVE POWER**

Medium-term, I think we've grown the HIVE POWER enough for long enough to start and take our some profits. I can't say what is going to happen with the markets in 3,6 are 18 months from now but alot of people are saying we're headed into a crypto winter so I think converting HIVE into HBD and LEO will pay off big time in 12-18 months' time if HIVE is trading for under 20 cents again. 

I started a 1300 HIVE power down yesterday that will pay us 100 HIVE each week for the next 13 weeks. This power down will be split roughly 50/50 into HBD and LEO. Over the next 13 weeks, we let our HIVE POWER balance grow and when this current power-down has been completed, we start a new power down based on the amount we've added over the next 13 weeks. We add 60-80 HIVE POWER per week to our balance so the next power down will be smaller. 

We always keep 10,000 delegated to leo-voter as its brings us in some nice LEO income. Long term we add more HIVE POWER but not in the short to medium term. 

**HBD**

We are currently growly our HBD balance in the saving wallet because it earns 20% and will work as an excellent hedge against the declining market for us. I plan to add 50 HBD into this saving wallet each week for the foreseeable future and i plan to fund it with content rewards which are roughly 25-30 HBD per week and then topped up to 50 HBD with the 100 HIVE power-down. 

The end goal here would be the save 50 HBD per week for 18ish months to gather together roughly 4500 HBD when we factor in compounding. If HIVE drops to say 15 cents, we could convert that 4500 HBD into 30,000 HIVE. That's a crazy amount and the earning potential that could have for us is huge. If we earn 130 LEO per week from leo-voter with 10,000 HP, we could do over 500 LEO a week with 30,000 more. 

We could say when HIVE hits $1 again, we convert the lot back into 30,000
HBD and earn 6000 per year in interest. Maybe this is thinking to far ahead and time and we'll stick to the plan of adding 50 HBD per week first to make it happen. 

#### That's about it

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23xARfFYmv1cT4ccNKkbPrtPPDJSBU33FhDNqTKc9YTZgYyDzPoXC8b7ZHhCsKRTkKiuT.png)

That is the state of our HIVE wallet and what we are doing with it. In the big picture of things, our HIVE wallet has been an excellent hedge against LEO as the LEO to HIVE ratio has increased over the past 18 months. We are lucky that we can are able to earn both LEO and HIVE rewards when uploading from the LeoFinance frontend. 

To sum up, we'll gonna stall the ball on growing our HIVE POWER balance in favour of growing our HBD saving wallet and converting the remaining into LEO, i guess that'll be around 300 LEO per week at current prices. 

**Thank you for taking the time to read through today's post.** 

Have a great Sunday 




 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@lbi-token/looking-into-lbi-s-hive-wallet)