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RE: Staking Instead Of Market Making - Being The Boring LEO

in LeoFinance4 years ago

LEO gets spread far and wide as people on HIVE interact with content tagged using their reserved tag "LeoFinance"

  • You can earn LEO from commenting on a post with the leofinance tag and the users upvoting you,
  • You can earn from upvoting a post that has a Leofinance tag
  • You can stake your LEO and earn more
  • You can delegate your HIVE to leo.voter and earn LEO
  • You can buy LEO miners or Mega miner tokens and earn LEO
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You can delegate your HIVE to leo.voter and earn LEO

Any idea how much ? May be I would delegate few k hive !!

Posted Using LeoFinance Beta

1560 HIVE should net you around 1 LEO per day, which is around a 23% annual return on your delegation at the current LEO price, so as it goes up you could make even bigger returns

So that's more than even leasing hive !! And do we get the hive curation reward as well ?

Posted Using LeoFinance Beta

No you don't, the HIVE curation goes to LEO and is used for token burning pushing up the price

Actually it's always around 16% APR. When LEO price moves compared to HIVE so does the daily amount you get from delegation. I currently have 1500 delegated to leo.voter and the daily LEO rewards keep going down as LEO appreciates compared to HIVE. Today it was around 0.6-0.7 LEO.

Ah thanks for clearing that up, I didn't factor in the price change of HIVE, ah always so many moving parts, but 16% APR still ain't a bad return, beats out a lot of the lease market on dlease right now

beats out a lot of the lease market on dlease right now

That's true and is why I upped my delegation to leo.voter from 500 HIVE a while ago when dlease APRs were no longer as attractive.

Lol after your comment, that's exactly what I went and did, let the LEO roll in while we can get it cheap

Lol, nice!