BROFI - LEO pool is a HUGE value right now!

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BROFUND's Bro-FI has officially let drop it's announcement post, and the rewards are incredible!

Currently the top pool is LEO, and we have delegated all of our LEO to this great project, but also have delegated HIVE POWER, LOTUS and NEOXAG.

The daily payouts from the pools has started, they split 1% of the pooled BRO tokens each day.

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For 6276 LEO, I received 1.3 BRO, that's 11,7 HIVE if I wanted to buy those BRO, or 4.3333 LEO at 2.7 hive/LEO. This is YUGE!

And that's everyday BRO

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This pool is still quite pristine, the return is solid and much better than I was doing with my LEO stake in curation. At least with the @brofi program, I know that it will be curating and following good curators that find content and can motivate the production of content and value on the HIVE chain.

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The top two pools, LEO and HIVE. HIVE is also paying out quite a bit, with our 3000 HP recieving 0.409 BRO, or 3,681 HIVE per day worth of BRO! This is at least double a very good rate for delegations, of 3.5 hive per week per 1000. This is always the metric I check against, 3.5 per thousand (per week).

The pools are expected to fill over the next several days until they approach 'chain standard roi', but I also think there is a huge benefit of earning BRO, and teaming up for a larger curation based initiative.

HODL that BRO, and get your BRO dailies, plus the ability to rank the pools and curators of your choice. There may even be more governance options in the future for BROS - defi and brofi are all about development!

None of this is financial advice, just seems like common sense to delegate your loose HP and tribe tokens to a community project so hot and exciting!

Freedom and Friendship!

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18 comments
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Bang, I did it again... I just rehived your post!
Week 49 of my contest just started...you can now check the winners of the previous week!
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My decision is kind of the same as before. I ended up delegating some more STEM and CTP but I can't seem to bring my self to delegate HP or LEO. My problem is that I don't think the rewards pool has been stabilized yet so I have yet to see how good the ROI is.

However I am loving BroFi so far. With the dividends payout, I have managed enough to start getting paid even if its only 0.001 SIM right now. Hopefully I can gather enough soon to get more token payouts.

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I sent some over the other day but I have no idea how to see what I'm getting for my delegations. Where do you find that? Is there a tool or something?

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3.5 Hive per week per thousand, I'll remember that - so that's around an 18% return which is nice.

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(Edited)

Its always nice to have a metric in mind!

I should say that since the inflation rate on HIVE drops over time, it is not as easy to get 3.5 /week/thousand as it used to be!

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Yes fair point re Inflation, but it just reduce very slowly so I think we'll be ok for a few years yet!

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Payout are seems much intresting..
Even the Hive payout are more then double as per your calculation

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You say something here, Hive has a better return than delegating on LEO, as in here it has 18.2% APR and on LEO 16%. Need to recheck if I don't switch something.

The @brofi project is lit. Did delegate some stake where I'm not active in, but might consider also some other.

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