I used to stake everything in my Hive Engine wallet so that I could have higher upvote power no matter where I posted.
Then I realized that if I wanted to do something such as trade tokens at LeoDex, I could only trade them when they are liquid. I discovered a couple of other reasons I would need liquid tokens.
@brofi
or @lolzbot
.Given that most of my activity was at LeoFinance and at Layer 1, I decided to unstake everything except LEO and HIVE and POB. The POB I had staked I delegated to either @brofi or @lolzbot. I have VYB only because I aped into a VYB airdrop by accident when I had bought a ton of POB as its price was dropping. I delegated my airdropped VYB to either
Everything else I unstaked and sold for SWAP.HIVE I could use to add liquidity to a couple of diesel pools where I have positions.
Posted Using LeoFinance Beta
Oh okay, that sounds like a nice strategy especially this time that Hive is cheaper. Thanks for sharing.
If I may ask, what would you get by delegating to them? Thanks!
Posted Using LeoFinance Beta
When I had delegated to
@brofi
, I was receiving any of a number of other Layer 2 tokens daily in proportion to the delegation I made in whatever way it's calculated. Due to recent difficulties@brofi
was having, I undelegated and moved over to@lolzbot
. If I read the post correctly,@lolzbot
rewards its patrons in liquid HIVE.Posted Using LeoFinance Beta
Oh, that is awesome! Thank you for your reply :) I greatly appreciate it. I just checked and I actually have delegation to brofi :) Thanks once again.
!LUV
Posted Using LeoFinance Beta
(1/1) gave you LUV.
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