Wow, Why I should not think about delegation to earn 22% APR
Friends, I am very happy to hear such a good announcement. I am slowly learning on #Hive #Blockchain because Hive Blockchain is a very big blockchain in itself and that is why it is taking time for me to learn but I am sure that I will understand this blockchain well. Friends, I just read @mango-juice 's post which I liked very much. I was not active on labs.inleo.io till now, hence I do not know much about Leo, but my friend @mango-juice has given me very good information about it in his post.
I have to do what I am doing but I have to make a small change. As we all know that 20% APR has been kept on HBD which is very high, similarly on doing power delegation, I have an APR of up to 22% which is very good so why should I not do delegation. Till now I thought that on #inleo we get rewards for token staking. But due to the pump-dump of the market, I feared that if the price of the token went down, I would go into loss. But today after reading mango-juice's article, I feel that I do not need to be afraid at all because now I do not have to buy @Leo tokens but I only have to delegate my HP. So that we can get maximum #Leo Tokens as daily reward and that too without any risk. Currently my account value is $225.62. I currently have 1,774.77 HP, out of which I have delegated 1,560.54 HP to some communities. So now I am relaxed because I have the right on my HP and no one can take it from me.
Currently I have 225.62 HBD in savings which gives me 20% APR. Similarly, instead of saving on HBD, I now have to delegate HP. I have currently kept 2000 HP in my trading application which I will delegate to @leo.voter very soon. Mango gave good information about Tier-1, Tier-2 and Tier-3 in his post, which I liked very much. I want that we all should read and understand Mango's post very well so that we can do better in this regard.
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Hello fren there are many benefits if you start making your posts via the inleo.io front end.
Some of the benefits include
OOoooh really, I didn't seen or listen before this comment, but really your comment is helpful me, I'll really go more deep to learn this,
Thanks @thetimetravelerz , your comment bring something new for me.
Please be connected so that I can get more info in future from you.
This is a juicy way to get more Leo for doing nothing except delegating. I even heard that the hbd saving is now at 19 apr. So going for the new 22 apr from Leo is a good choice.
Really, still I think I'm on 20% HBD , but no matter for this because 22% is more than 19% or 20% so definitely 22% is a good option to earn more passive income and nowadays who doesn't want passive income,.. He... He...
Have you also delegated?
We all do.
I will do that soon. I still have something I’m using my hp for right now but I will delegate once I’m done.