BlockTrades offers about 9.27 90-day Hive Power delegation for 1 HIVE, so... πŸ•΅οΈβ€β™‚οΈ

in D.Buzz β€’ 2 months ago (edited)

@blocktrades offers about 9.27 HP delegation for 90 days for 1 HIVE. At that rate, the APR is 1 / (9.27 / 365 * 90) * 100% = 43.75%. 😱

Service is good for urgent HP needs, not long-term use. πŸ€”

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Sounds like an interesting way to get HP but I don't think it is worth it. But its a nice thing to note incase we get a huge influx of users and a lack of HP.

Yeah, even in urgent needs, it's only useful in specific cases. (Needing a bit of RC for a new account, preferably someone you invited.)

Posted via D.Buzz

I would use @giftgiver to give a new account a 20 Hive Power delegation. If @giftgiver ran out of HP to delegate, I would just delegate 10 of my own Hive Power for the new account until @giftgiver is available again. πŸ€”

Thanks for replying! πŸ˜€

The APR is actually 1 / (9.27 / 365 * 90) * 100%. πŸ‘ˆ Markdown ate the asterisks! πŸ˜…



Posted via D.Buzz

What do you mean? πŸ€”

you always have great content but sometimes i dont have time to read, test it, or bookmark it on here so im kind of bookmarking them with the tag #SavvySays so i can come back later lol

Posted via D.Buzz

That's a great idea!

Aww just checked it by myself. But are we getting our hive back after 90 days period. πŸ˜‹

No, you do not get your HIVE payment back, since it's payment for renting the Hive Power. πŸ™‚

πŸ˜’ not gonna rent then. Upvoting your own content seems to be greedy with that hive power. Many hive whales do not support self upvote.

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I believe this is a very costly service and by curating you will not be able to generate enough money to even justify the payments.

I strongly agree that it is indeed a very costly service. πŸ™‚ However, if you really need Hive Power immediately (and @giftgiver's free 20 HP delegation is unavailable at the moment), you won't wait until someone leases Hive Power to you on @dlease or a stranger delegates to you for free. πŸ€”