Arbitraging Dlease and LEOfinance?

in LeoFinance7 months ago

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If you look at the pictures above there seems to be a nice possibility here.

Scenario 1:

I have 20k HP and I delegate it all to Leo and get 16%... very cool but no more curation rewards for me on HIVE and I do make a decent amount there.

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Scenario 2:

Lease some HIVE like the 1000 in the example below and delegate that same amount to @leo.voter

I still make another 1.2% profit in my curation. And I know there are people out there that make way better curation rewards then me so for those it is even more lucrative to take the 2nd scenario

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I will admit that this is more of a whale/orca/fat dolphin proposition than for smaller Hive holders but It does not cost you much especially if you are able to take long-term leases.

Think about it this way:

In the crypto world, 1-3% ROI is peanuts
In the real world, it is a lot more than the banks are paying you.

Another byproduct of this approach might be that the % ROI of Dlease might go up as people try to take advantage of this.

I have put in my offer on DLEASE, lets see if it gets filled. If it does I know where my liquid Hive is going to in the next few weeks... I have 20k delegations to get

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I really hope I did not get anything wrong here but it seems my math is correct here
Please let me know what you think

Posted Using LeoFinance Beta

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I know someone who used to do that on the old chain. I don't know the numbers, but it was a similar scenario as yours. Not gaining much but still getting something. Balancing your HP is not easy for sure. Good luck with your plan :)

Posted Using LeoFinance Beta

on the old chain

that makes me feel like a veteran

Balancing your HP is not easy for sure

hence my comment about this being more for deeper pocketed individuals :-)

Posted Using LeoFinance Beta

We are veterans, don't you think? 😃

Posted Using LeoFinance Beta

Looks really interesting, well played

i am just trying it out, do not have much to lose but it seemed like an interesting thought experiment

Posted Using LeoFinance Beta

You are right you can do that but there is a risk here , if someone pulls out delegation mid way then you might be in trouble , well wait , no then you can just undelegate to leo.voter lol go ahead .

Posted Using LeoFinance Beta

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Do not miss the last post from @hivebuzz:

The Hive Gamification Proposal #2