The SGS Community Curation Project has leased Hive Power to boost its Upvotes since its inception back in 2018. The idea has always been for the @ssg-community account to provide a service and redistribute value back to the SGS members via Upvotes rather than accumulate wealth for itself. Because of this its Hive Power has always been in a perpetual state of Power Down with the Curation Earnings effectively just going back towards leasing more Hive Power. The project is well over 5 years old now so at this point it’s pretty safe to say that it's a stable and proven model that works.
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In the past we’ve leased Hive Power through dlease or even it’s predecessor (which I forget the name of). We also started out with a few Off-Market Leases via handshake agreements with various Whales but as the project has matured we’ve been able to get a lot of our leased Hive Power from SGS Members internally. I confess to Delegating a large amount of my own personal Hive Power a couple of years back. It was a pretty straight-forward Win – Win decision at the time (and still is) because the @ssg-community account has saved funds by not paying commissions to dlease and the deal has also been a nice stable passive income for me at 13.5% - which is better than I can earn by curating content myself.
Anyways, the Hive Power for @ssg-community to Upvote with has been very consistently around 210,000 to 220,000 HP for years now and the Curation Earnings on the account are also very stable. We could easily just keep going the way we are but there is possibly some additional funds coming in from future community fundraising efforts and so there may be opportunity to take on some additional leases in the very near future. That’s what this post is about – putting the word out and finding any extra Hive Power HOLDers out there who may want to lease their power to SGS.
My thinking is that we put together a kind of Waiting List for people who want to lease us power and then if/when the funds become available from fundraising then we can work down that list and take on the leases with the ability to start the payments straight away. The terms of the leases are 13.5% APR paid weekly, in advance, with a minimum amount of 5,000 HP per lease. SGS Members are preferred but you do not need to be an SGS Member to get on the Waiting List. These lease deals are a great source of passive income if you don’t have time to curate content on HIVE yourself and you’ll also be helping out one of the best communities on HIVE, so if you’re interested please Comment below or reach out to us via the SGS Community Discord.
I already delegate to SGS community for gold status but I’d do another 5K separately for sure.
If there is a big demand for this I would consider doing more.
Great to know man, thanks.
Only a 5K Hive minimum? 13.5% sounds good. I might consider it.
Excellent! Would be great to have you on both sides of the ledger.
The 5K is intended to be low enough to make it accessible for established members but also high enough not to create a management overhead via lots of fiddly small payments each week.
Good, put me on the list. For at least 5k.
I am willing to delegate to the SSG community. Unfortunately, my content does not pertain to precious metals or any other type of metal.
But if I find any benefit, I can easily delegate my HP and support this wonderful community that is entirely based on hard work and quality content curation.
Sounds great. Let me know how much HP you're looking to lease us and I'll put you on the list.
Hmmm. Maybe 6K.
This seems a good option for HP holders and I would like to extend support to the SSG community with a 5k Hp delegation. I never posted in this community but I follow you and I see that you are working hard to add more value to this community.
Thank you! I will add you to the list of leases for when we have extra funds. Appreciate the support.
My current available HP won’t hit that, but it might in the near future.
I'm late to the party on this one but honestly this sounds pretty dang exciting and something I may want to jump in on here. Also tried to jump into the discord with the link but shows invalid aka expired. Mind tossing me a fresh invite link when you have the chance please
Try THIS
I hope these fundraising can give the HP a nice boost
I'm interested... 5-10k
Excellent! You're on the list and we will be in touch.
ahaan, you guys are doing good, one of the best projects I have seen in the hive ecosystem. Are you planning to introduce your very own front end in the future?
No, I don't think so. There are plenty of good front ends out there already and I don't think we're big enough to justify making another one.
Thanks for continuing the hard work for SSG!
I am very glad that the project has gone well looking back on it from 2018, I see that it has come a long way and has the roots well entrenched.
This project is going very well I have been following this for a long time now I don't have enough HP but in the near future I will definitely delegate this project.
I agree that SSG is one of the best communities on Hive. But alas, I won't have 5,000 HP to rent for a long time.
💪😎 that pic is AWESOME! I wish I had enough HP.. maybe later on.. :)
I strongly hope people respond to this fundraising. It will definitely help the project
Lol lol lol lol lol lol lol
God damn that's funny.
What's funny about it?
Well you kicked me out of SGS because I was delegating and you didn't feel that you should be upvoting cannabis content..
Now you're looking to pay for delegations.
I think that's funny
I didn't kick you out of SGS at all. The members voted to bring the focus of the curation project back to metals and community relevant content. I know that pissed off a few people at the time but I thought we might have got past that by now.
Also, we've been paying for delegations from the start. This is not new, just a (hopeful) expansion of what we've already been doing.
I am past it. I just thought it was funny. I have a dark sense of humor, some people don't get it. Like food.
Will the curation always be only for metals relevant content or is this something that may change in the future?
We have a system where you can get curated for a non-metals content for every post you make that IS about metals. It's intended to be a balance and still incentivize relevant content but also support some diverse interests too.
You have to be an accredited full member of SGS to be curated by the project, however.
I used to delegate in the past, before the rule change. I appreciate the community, and have a passion for metals, just not posting about it..I'm the nature photographer guy..
This is nice and I'm very sure that there will be so many people who will want to lease Hive power to the community. It will be a great improvement
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Hold 10 or more DHEDGE to unlock daily dividends and gain access to upvote rounds on your posts from @dhedge. Hold 100 or more DHEDGE to unlock thread votes. Calling in our curation accounts currently has a minimum holding requirement of 100 DHEDGE. The more DHEDGE you hold, the higher upvote you can call in. Buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc.
Delegation incentives are probably the simplest way to handle this. Ecency and DIYhub handle matters that way pretty well.
Informative. That's great.