Delegate 2000 HP to leo.voter to let it pay for INLEO Premium

avatar

I just renewed my INLEO Premium after realising that the monthly payout is likely to exceed $10. The details is shown below.

What is the thinking behind this?

Well, I am creating a little flywheel here myself.

2000 HP is worth about $840 today. It's the 2000 HP that I don't need. So I delegate to leo.voter.

It will earn me approximately 171.82 LEO or about $11 in a month through this delegation. I know my LP will be increased by this amount in a month.

With that, I can pay for the INLEO premium with 10 HBD. I may even get bigger APR with INLEO Premium.

Now, if I keep writing posts and threads, I am sure I can easily earn more than 10 HBD too.

So in essence, I am getting a risk free INLEO Premium payment by using my delegation rewards for it.

The alternative, which is non-action, does not make sense to me as the lowered engagement with the network is likely to bring limited yield.

Posted Using InLeo Alpha

hive-167922 inleo proofofbrain neoxian gems
0
0
0.000
14 comments
avatar

can I do something like this too, if yes, how, my account is still small.

0
0
0.000
Reply
avatar

Yes this is doable for sure and a good way to grow in the LEO ranks too

0
0
0.000
Reply
avatar

Leo to the moon ! I am thinking to purchase Inleo premium.

0
0
0.000
Reply
avatar

wow not a bad plan O.O. but u receiving it as staked so u have to unstake it?

0
0
0.000
Reply
avatar

Yes. But I am happy to be stacking.

0
0
0.000
Reply
avatar

i see not a bad plan to pay off your premium

0
0
0.000
Reply
avatar

That is really a great investment option you pick here

0
0
0.000
Reply
avatar

I will definitely give delegation after giving something

0
0
0.000
Reply
avatar

I am also trying to invest some money in the same way and give delegation to the good projects.

0
0
0.000
Reply
avatar

I so much Believe Leo will definitely do well. Quite well

0
0
0.000
Reply
avatar

I think that is an interesting way to pay for it but I think that 2000 HP could also generate close to $10 per month in curation right? I am not really sure though. Also, does being premium make your delegation rewards go up?

0
0
0.000
Reply
avatar

Now, if I keep writing posts and threads, I am sure I can easily earn more than 10 HBD too.

For regular long form content creator, premium is a must.

From threads also we can generate micro earning in HBD to fund premium subscription.

Thank you.

0
0
0.000
Reply
avatar

That's an awesome way to grow one's LP. And yes, being premium has its perks too.

0
0
0.000
Reply