RE: Staking Instead Of Market Making - Being The Boring LEO
You are viewing a single comment's thread:
Plenty of users are cross commenting and curating on various front ends, and as a result, LEO gets dumped into their wallet, in some cases that LEO goes there to die.
I just discovered to have 17 LEO, not sure, how I got it. I thought, only using leofinance would get LEO, isn't that true ? Can you point me to any post that would tell me, what are the different ways to earn Leo ?
Posted Using LeoFinance Beta
0
0
0.000
LEO gets spread far and wide as people on HIVE interact with content tagged using their reserved tag "LeoFinance"
Any idea how much ? May be I would delegate few k hive !!
Posted Using LeoFinance Beta
1560 HIVE should net you around 1 LEO per day, which is around a 23% annual return on your delegation at the current LEO price, so as it goes up you could make even bigger returns
So that's more than even leasing hive !! And do we get the hive curation reward as well ?
Posted Using LeoFinance Beta
No you don't, the HIVE curation goes to LEO and is used for token burning pushing up the price
Actually it's always around 16% APR. When LEO price moves compared to HIVE so does the daily amount you get from delegation. I currently have 1500 delegated to leo.voter and the daily LEO rewards keep going down as LEO appreciates compared to HIVE. Today it was around 0.6-0.7 LEO.
Ah thanks for clearing that up, I didn't factor in the price change of HIVE, ah always so many moving parts, but 16% APR still ain't a bad return, beats out a lot of the lease market on dlease right now
That's true and is why I upped my delegation to leo.voter from 500 HIVE a while ago when dlease APRs were no longer as attractive.
Lol after your comment, that's exactly what I went and did, let the LEO roll in while we can get it cheap
Lol, nice!