There are many such users and many such communities who take HP on lease and do curating. Everyone has their own interest some want to do blogging while on the other hand some want to do curating.
Some like to make content while some enjoy reading content. Anyway in this ecosystem there are all kinds of users. Those users who like leasing HP and want to know how its mechanism works they should definitely read my content till the end. You will get many informative stuff and will help for taking lease in the easiest way.
The only way to lease HP is #hive-engine where you can get a lease of any amount. Remember that HP lease is done on a special agreement which has a fixed time limit and this contract happens only when giver and taker agree on APR.
Lets say I want to request a 1K HP lease. For this I need to login to #hive-engine and go to the lease section. There, click on “request a lease”.. Remember that before taking a lease check the APR so that you have an idea at which APR to request a lease.
First you need to select the account name. If I want to take lease for myself I will put my account name. You can also lease HP for another user. After that write the number of HP you want to lease and select for how many weeks.
At the end you will see the APR. If the market APR is 8% then you will get a lease quickly at the same APR. But if you keep a lower APR the chance of getting a lease is also lower.
Now lets talk about whether #HIVE price affect the HP lease APR. In my view and as far as I know it does not affect APR lease. Wherever #hive price goes APR remains the same. But there is a big profit or loss for the lease taker. How?
For example you take 100K HP lease. Hive price is $0.10. After taking the lease if the price pumps then you will profit because your vote value will increase. Profit will be according to value but Hive quantity will always remain the same.
Similarly if the price goes down you will have a loss. Meaning you will get less value in dollars because Hive price went down but you will still get the same Hive quantity. So only value goes up and down.
Hive price affects lease only in this sense that you can have profit and loss in value. Quantity will not be affected. Even if Hive price goes to $1 you will get the same quantity that you got at $0.1.
This is the way to take lease, the mechanism and Hive price effect on lease. I hope you understood. Did you find my post informative? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA Hive-Engine
Thank You!
Best Wishes.
Good content. I was bit confused about the hive price that donot affect the APR change