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RE: Overview of DLease: How It Works & What It's For

in LeoFinance4 years ago

You don't lose HP with dlease over the term as it's already agreed upon when the lease is filled as far as I know?

Thanks for the info.

What I mean by the quoted text is, is it not possible for someone to undelegate their HP during the period of the lease?

I imagine one could do that and then they would forfeit the daily payments but the borrower's projected yield would vary by a higher degree.

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Yes it is possible to undelegate during the lease but if that happens through dlease the outstanding payments will be returned to the person requesting the lease.

So if your lease was terminated early (e.g. 30 days early) by the person removing their delegation, you'd get that 30 days worth of HIVE back refunded.

I'm not sure this would happen if you set up an arrangement outside of dlease though so that's something to be wary of.

There is no security making agreements outside DLease, true.

I wonder whether allowing borrowers to lock leases to a specific user would actually help provide that security.

For example, I we would agree on the amount of HP, the APR and lease contract length, then I would create the contract on DLease locked to your username. That way only you can fill it and I as the borrower have the security of knowing there will be no 'funny business'.🙂

Yes that is a great idea! If that's not possible, another option would be to set up a "private lease" so that it isn't public on the market place so a url is generated and can be sent to you via discord or Twitter or whatever you use for direct messaging.

I've arranged specific leases in the past with another account, they create the lease and then send me the direct url to it although it still appears on the public website/market tab so someone else can take it up.

I'll tag in @cryptodrive and @dlease to see if this could be implemented for "private leases".

Would be interested to see if they develop that feature.

That would actually be the easiest way to implement it. I would love to hear from the Buildteam guys if they implemented something like this. I would jump on that opportunity immediately.

I wonder if you still organize leases. I would love to pick up a delegation to curate the Sports community and hopefully turn a profit/grow my HP at the end of the lease contract.

Yeah it might be worth joining their Discord server (I imagine they have one) and seeing if they can add it. Can't imagine it being too difficult to add a little check box to "private lease" - although I'm not a coder so have no idea haha!

I've pretty much leased out or delegated all my HP otherwise I'd help you out there man. I know @acidyo and OCD are looking to help support with specific communities so you might be able to reach out to him?