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RE: Steemit Question: What is Delegated Steem Power?

in #steem7 years ago

Can People Lend Delegated Steem For Personal Gain ❔

Anyone can buy x❾ the amount of 90 day of Delegated Steem compared to just Steem on BlockTrades. I guess this means that you can rent your Steem to get a return on it? I don't know, but that wold be a nice return and safe too.
I appears people can buy 9 ETH of Steem Power then make someone HeMan for 90 days for 1 ETH. I can stand on both sides of that deal and like it. Speculation but going off what everyone's words were on the topic this seems right to me.
With 810 ETH to invest, after 90 days of equal lending the lender could make 1 ETH/Day, forever if they lent out the Steem as it came back to them. Is this correct?