Increasing My Hive Curation APR [FAILED]

in LeoFinance20 days ago

Increasing My Hive Curation APR  [FAILED].png

I mentioned that I am starting to treat Hive as a business. This means being serious and focusing on the statistics on my account. This includes aiming for higher profitability and generating income from author rewards and curation.

One thing that I love is learning more about curation rewards. Even though you only have a few staked HP, you can still earn from it by just upvoting. But the more Hive Power you have, the more you can earn from the curation.

My goal in my account is to grow my Hive Power continuously. After reaching 2,000 HP, my next goal is to reach 2,500 HP before Q3 ends. This is just a small progress but it is better to start with small goals until you reach your main goal.

My current HP is divided into two: 1,000 HP is delegated to the @hivephilippines account to support the community (I am not forced to do this). At the same time, the other half is used for my curation.

For every curation/upvote that I do from this 1,000 HP, I am earning around 0.01-0.02 HP. In total, I am earning around 0.19 HP per day and 1.30 HP per week.

average curation rewards.png

As of writing, I have a 5.81% curation APR. This is much lower compared to my curation APR 2 weeks ago.

current curation apr.png

Last April 11, 2024, as part of my monitoring my APR, I had a 7.45% curation APR. This is still lower compared to my target which is to have at least 10% curation APR.

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I monitored this APR and this was it last week 6.54% APR. I don’t know the reason why it is getting lower each week even though I already have the strategy when curating content.

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I also know that the time of the post affects the efficiency of the curation where if the post is more than 24 hours posted and you just upvoted it, it can affect the efficiency of the curation and can affect the curation APR.

More on this in this blog written by adamada: How Hive Curation Rewards Work

It is important to note that my 7.45% APR 2 weeks ago was also influenced by following a curation trail, but then I want to experiment and do manual curation for the next two weeks.

From my experiment, it seems that I am missing something that I do not know. I consider the following before upvoting the content:

  • Time posted
  • Number of current likes
  • Amount of rewards

Since the rewards are distributed between the author and the curators, I am considering the last two from the list.

Overall, considering my current HP, I believe that delegating it to Hive communities is more profitable than curation rewards. I am thinking of delegating some of my HP to @leo.voter and getting a sweet APY from my delegation.

I recently had a conversation with @logen9f from threads where he shared that he has a projected 0.745 LEO daily payout from his 600 HP delegation which is around $0.08 based on LEO’s current price of around $0.08/LEO.

Read our short conversation here: https://inleo.io/threads/view/logen9f/re-anonymous02-2pzkc9exv

By doing the math, I believe that I can get more rewards from delegation compared to curation considering that I only have a few HP. This estimation of rewards will continue until I grow my account and take advantage of the higher APY from the delegation.

Soon, when I already reached my main goal, I will invest more in curating content and continue increasing my curation APR. Despite this decision, I will continue experimenting with manual curation and check my curation APR from time to time so I can learn the strategy of curation.

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Curation rewards are linear, you should be getting ~9%.
Unless, you vote after 24hrs, then you lose a portion of your curation rewards to the earlier voters.
There are 3 windows, each progressively more taxing.

Your vote mana also has impact on your vote value.
Voting your mana from 100% to 90% will return less than voting your mana from 90% to 80%.
Max return is by voting 100% every ~2.4 hours.

You may need to increase your voting percentages to avoid making dust votes on comments.
.019 and less does not payout.
If you are the sole voter on a comment, and your vote is less than .02, it will not pay out.

I'd advise against selling your vote to any of the curation gangs, it makes it more difficult for those of us that play the game as designed rather than gang up to increase rewards.
Also, if you are getting paid in another token you are selling your vote for them to get a hive return now while you are unlikely to ever sell the token for what you could have had if you had just played the game as designed.

Thank you for your feedback, I think this is the answer that I am looking for. It gives me realization somehow.

But I still have some questions, if the curation rewards is linear, what does the APR percentage that shows at Hivestats? Is it inaccurate?

I will take note of your suggestion, I'm fully invested in the community and trying to accumulate more Hive and HP rather than other tokens. It is my original plan.

Hivestats may not be accurate 100%, but it should be close enough.
Somebody voting after 24 hours increases your rewards according to the window they vote in.
24hrs, day 2 to 4, and day 5 to 7, iirc.
If somebody votes a post you voted on day one on day seven, then you get a portion of their curation rewards.
So, curation can vary alot.

If you want to maximize returns you will want to power up 100% on your posts.
Only when hbd is over 1usd do you get less.
Until hbd goes over 1usd and stays there for an extended period will you get a better return than powering it all up.

Thank you for this, I fully understand it now.

The reason why I don't set my rewards into 100% HP is I join with HPUD event. But I never really cash out or withdraw from Hive since I joined. I am just inactive a bit that's why I only have few HP until now.

Your comment really helps, thanks!