10.5% APR = 11.07% APY for delegators

in LeoFinance4 months ago

10.5 = 11.07.jpg
I planned to make a video today but unfortunately 3speak seems to have some issues at the moment. So I ended up writing this post.

Today, I have made a big update for the Liotes project. After two weeks on holidays, during which I skiped some tasks, I made today a complete update. I have also updated the Liotes ranking. There are no new people who have reached a higher title this week.

The advantage of daily dividends

When people delegate Hive Power to the @liotes.voter account, they get daily dividend payments in the form of LEN tokens. According to the price of LEN, we pay 10.5% APR to the delegators. Since people could actually sell their dividends daily, power up the hive they get and delegate this money again to the @liotes.voter account, their yearly return would actually be 11.07% and this is without counting the 2.87% that people get just for staking hive.

When you add everything together, it gets actually quite profitable to delegate to the @liotes.voter account! It is therefore not surprising that we have more and more people who delegate their hive power. In addition to the return, the delegation brings the nice side effect that people are climbing in the Liotes ranking thanks to that.

In the end the hive power on the liotes.voter account is used to support our community. So it's possible that it will also bring value to your posts... When put like that, it's a kind of nobrainer to delegate to liotes.voter ;-)

The numbers of this week

Liotes weekly01.08.22.jpg

Liotes

A project run by @ph1102 and @achim03

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Liotes Daily Dividend is great.
Have a great day.
!LOLZ
!PGM

Thanks for the tokens. A great day to you too!

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @steem82868, @liotes

remaining commands 8

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


I hear Sasquatch makes bowls out of clay
He's a hairy potter

Credit: reddit
@liotes, I sent you an $LOLZ on behalf of @steem82868
Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(2/10)

Awesome community!! Keep up the great work and lets keep growing together.

The great thing about hive is that if my friends grow, I will grow faster as well. It's definitely a win-win :-)

Let's do this!!! Go Liotes!!

That's cool. Just keep going, this is the most important thing now ... 😎

Exactly, doing the same things over and over again might seem a bit boring but in the end that is what will bring some results...

Cool, I don't have much but I can delegate a little haha ​​I like these initiatives and support whenever possible!

Would be great :-)

Totally agree! Have been increasing my delegation over time! Thanks for all the hard work! :)

Thank you for your support! It means a lot to the whole project!

I think writing a post isn't that bad but does it take longer to make a video or to write?

I still want to get more HP but I may delegate when I have enough HP for myself. One of my short-term goals is to collect some account creation tokens.

Posted Using LeoFinance Beta

Honestly, a video is almost easier for me :-). It's a good idea to get some account creation tokens. I have tons of them but I think they are not transferable.

You reap what you sow UwU delegate liotes.voter -> vote your post -> gain more too 🤔 I will do it later after incomes from dlease is quite good enough tho 🤣

Checking Liotes Ranking... 11th //(^v^)\ happy shock... I thought I'm around 20-ish. Otw to increase my points with LENM again UwU

Quite impressive 11th rank there ;-)

Your content has been voted as a part of Encouragement program. Keep up the good work!

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Congratulations @liotes! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You got more than 3250 replies.
Your next target is to reach 3500 replies.

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Check out the last post from @hivebuzz:

Hive Power Up Month Challenge 2022-07 - Winners List
The 8th edition of the Hive Power Up Month starts today!
Hive Power Up Day - August 1st 2022
Support the HiveBuzz project. Vote for our proposal!