Hive Engine : Making use of Hive Engine Lease feature.
It is quite some time that Hive-Engine has launched it's lease feature and it's lease feature is little different from dlease as Hive-Engine Lease market offer Lease for HP delegation, RC delegation and BEE delegation. While Dlease is just used for HP delegation only.
Another big difference is the the way that in which currency you will pay the lease. Dlease accepts Hive for lease payments, While Hive-Engine accepts multiple currency to pay for lease like Swap.Hive,BEE , DEC and SPS. So basically Hive-Engine allow you to pay the lease through Hive-Engine tokens.
I guess Hive-Engine might be first interface that will help you to get paid for delegating the RC. Currently I see the highest APR of .15% for delegating the RC which in fact not bad as you can still earn the curation rewards by voting and .15% is extra on top of it. But be careful while delegating RC nd do not delegate too much that your own account start suffering from Resource Credits crunch.
Another Delegation that interested me is the BEE token delegation, I am actually building my BEE token profile for quite
some time though I am not at all aggressive for it and my main focus is still Hive goals. My reason of keeping and building BEE stack is that currently there is no plan chalked out to build Hive second layer officially and even it is announced it will take years to complete. Till then Hive-Engine and it's native token BEE has almost monopoly in this space and a bull run will definitely pull the BEE token up.
So I decided to create a small BEE token lease for me that will help both me and others (who have BEE tokens staked but not using it), then can delegate to me and earn some BEE for their delegations.
So here I am , creating a lease for me.
First I filled all the required details for my lease request, (please note that total payment need to be above 1 BEE)
And finally I paid for this lease.
My Dashboard shows if it do not filled till 7-December it will expire.
I hope for all the best for this lease and hope all you enjoy leasing and delegating in Hive-Engine.
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I have not utilize Leasing on HE, will have to check it out.
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Sure. Have some !PIZZA
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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
Read our latest announcement post to get more information.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
Thans, have some !LOL
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Thanka much for the very useful info! I really have to check leasing via Hive Engine! So far I've only used @delease. 😁🙏💚✨🤙
Thanks for stopby, enjoy some !PIZZA
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Certainly, and Thank you! 😁 🙏 💚 ✨ 🤙
This is pretty interesting, have to check out my options too. Thanks for sharing!
Sure , Enjoy some !LOL
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It's too bad that I don't have enough BEE staked to fill your delegation. Just wondering, what is the curation APR for BEE and is it more than what you are paying for?
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If some one is dedicated then curation APR in BEE can be 25-30% (including both staked rewards + liquid rewards).
But curation in Hive token is pain and you will be surprised that APR offered in this delegation is better then curation cartel.
Still my focus is Hive but I can try to create some small delegation in 12% APR and if I start earning nice then I get to 20% maybe.
PS: Even at 500 BEE power ,one is earning just couple of cents , so it does not make sense for many to do curation.
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!PIZZA
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It looks that your request got filled as I can't see it on the list! Congrats!
We, on Liotes, had a similar idea when we started our project but unfortunately, we didn't have a developer to do it... The idea was to create a platform for delegating different H-E tokens and I hope that the Hive Engine team will continue with development and add more tokens to the list!
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yeah it was quickly filled.
Might be HE can take fees from outpost and give this functionality.
Interestingly ,Leo team created Leofi and instead of enhancing it, they forget it completely in their Defi goals.
!PIZZA
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Yeah, I have noticed that... Also, the same thing happened with Polycub... ☹️
I havent used that before - thats for the tutorial !
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I hope you find it useful.
!LOL
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Great to see you trying out the leasing in Hive-engine Rajat, it is a good addition, and good luck building your BEE stake, enjoy your weekend and stay awesome.
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