Yes you can delegate hive and earn rewards in hive.
And yes you can delegated a second layer community token like the token Leo and earn Leo.
The specifics depend on the delegation agreement, usually posted on the account you delegate to..
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I understand delegation as far as matching tokens. So an example would be what happens when I delegate say Leo tokens to a hive delegation token or group? Or another example Leo.voter delegation, what if I delegate Hive Instead? I think you understand what I'm asking now. Thanks
The terms of the delegation are determined by the person your delegating to. As a contract, all terms are negotiable, but delegations outside those terms may not earn you anything.
Example;
You delegate hive to a hive curator, someone who generates high earns off curation in lieu of his/her high hive power, much of which is delegated to them, in return for a share of the hive curation earns. However you decide to delegate Leo instead of hive. The outcome depends on whether the person you delegate to agrees to pay you in return for this delegation. They may not need Leo and since the delegated Leo doesn’t increase hive earnings for a hive curator, they may chose to pay you nothing.
However, someone else who can use the Leo to curate Leo community posts, may be happy to receive the Leo and pay you Leo, which you can keep or trade for hive. Or you could stipulate they pay you in hive, which they could also do, providing they agree to do so.
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Just found this post and see your explanation :3 Thank you~ I get more information that I need~
You are welcome, I am glad the post continues to reach people with the good news of tokenized social media on the Hive blockchain.
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Awesome I got it! I really apreciate your time!