Back to Basics
It’s no secret (I think) that I have mostly used delegation payout services in the past. There are a couple of reasons for that. First, it is much easier and less time intensive to manage my stake. Delegating to a service essentially means that one has a continual stream of revenue without having to „work“ for it. I have generally delegated to accounts that have paid a high APR. Yep, I won’t deny it, I have tried to maximize the return. But I have seen that this is essentially always unsustainable as the one receiving the delegation pays out native tokens that will be sold on the market for Hive. This ensures that there is a lot of selling pressure for the token, which often means that the token doesn’t survive for a very long time.
Another bigger problem that arises with this tactic is that one transfers one’s stake to other people or groups that use that stake for distributing Hive’s reward pool in their interests. That’s a big problem when the design of Hive’s rewad pool is meant to act in a „proof of brain“ type manner. Of course it has been pointed out that the idea of „PoB“ doesn’t really work very well in practice. But that’s another story. From what I have seen in recent years is that it has at least improved and shouldn’t be completely discarded.
Leo Problems
The catalyst for this change is mainly due to the problems I have had with @leo.voter. Payouts have been extremely inconsistent and only in the last month I didn’t receive 9 out of 30 payouts...(as can be verified here) That essentially reduces the APR to what one gets from manual curation (which is better anyway).
I like what @leo.finance is doing overall as they have played a big part in bringing awareness to Hive and onboarding users. But I have to point out that using their delegation service is very buggy (or I am just unlucky). Every time I delegated to them I have had problems. If you are a delegator it might be worth reviewing.
Auto Votes and Manual Curation
I currently have a list of over 100 Hive users that I auto vote on. I regularly have to update that list or add new users since people stop posting at some time. If you write good posts (I know it’s subjective), let me know, so I can add you to it!
In addition to that, I will also manually curate posts... and Snaps! I have been a bit addicted to @peakD’s new feature and have been using it quite a bit. It motivated me to power up 650 Hive last week just so I could better engage with users. Althouh we have great microblogging platforms such as @inleo and @dbuzz I am mostly a peakD user. It’s great to have a way to be able to share information without having to write a whole blog post and being able to use it directly on site makes it all the more fun and engaging!
Check out the Love The Clouds Community if you share the love for clouds!
It would be wise to use accurate information as opposed to misinform readers about something
If a payout is missed due to any technical error, they are remediated either with a double payment in a subsequent day or an increase in APR over multiple days that follow.
The period you’re referring to was a temporary outage caused by node issues and we resolved that, then released two double payments + increased the APR. That is unlikely to be an issue in the future.
Edit your post for accuracy if you wish. But it’s inaccurate to say the yearly yield is incorrect.
I don't think people really know all the in's and out's of everything on Hive. I doubt he meant to shine it in a bad light..
Although you are correct.
I should probably do a more in depth review of this, so I will simply state and revise that this is my subjective view of things. I will try to do a more detailed review (and look at a longer time period) and see how things stand with missed/refunded payouts. Thanks for taking time to reply, again I appreciate your work 👍
Thank you
The problem with stating innacurate figures as a matter of fact is that some people will now read this - and you also advised them to review their delegation (basically saying to undelegate) - and make a decision based on a subject point of view that lacks data to back it
I appreciate your support past, present and future but a post like this can be quite harmful
I've actually been doing the same. I recently converted my HBD into Hive when it was at $0.17 and have quite a nice stake. I was mainly using Hive.vote to vote on a large number of Hivers. I still have configured hive.vote, but only from 90-100% so I don't waste my HP when I can't be active for a while.
I'm using my stake to upvote more posts, comments and indeed the new Snaps! I've already discovered some new interesting people to follow in the past two weeks!
Nice!
This isn't always the case, but in most cases it is... Especially when new tokens are minted to pay "dividends" to delegators, inflating the token supply even more... It is possible to keep the value of the token, even if you have a selling pressure, but with a different logic and tokenomics, of course...
Despite having a curation project (@Ourpick) and our @liotes.voter who supports it, I do advise people to keep the majority of their stake to themselves... Manual curation is the best way to help good content creators, and friends that you KNOW that are doing a good job, and to grow your own account...
I think it makes sense to have the majority of your Hive powered up as many delegation services can't usually pay out more than they get they themselves get.
yep, if they do they usually do not last too long; although leo seems to be an exception as they provide much more value than other tokens/communities
The Leo token has lost 99% of value, so I can't say that I agree.
I forgot about the ATH, I suppose it is at least somewhat stable recently
Nice, I pulled back my delegations awhile back and do 100% curation myself.
Soon I am going to try 100% manual curation and see how that works for me.
You also use auto votes or follow a curation trail?
I have an alt account that has ~400 accounts that it autovotes with just enough hp to make a 2% vote.
~1700hp is needed for that.
I then use the list populated in hivetasks by the alt account to vote with my main account.
Sadly, I'm lucky to get 10 different authors autovoted, I have to follow trails.
Trails do the same thing as delegating except you don't give your hive to someone else.
I won't be putting much hive in any more 2nd layer tokens until hive does better.
They seem to be a good blow off valve for a mooning hive, but until that time they mostly transfer your hive to the token's sellers.
Which trails would you suggest?
Pick someone who votes things you like.
It took me some looking, but I found a couple.
You'll just have to follow some and see how they do.
I would avoid the large curators, ganging up to increase rewards from the pool is real classy.
You can still delegate a small amount of hive to projects or accounts that you like.
But like you say put the hive power back into your own hands, you have earned it and enjoy your time using it.
I to think peakd and snaps are brilliant and its my preferred front end so far. hey can you send me a witness vote if you have a spare one, another great use for your HP.
I never tried automatic voting. I have no clue how all that works 😅 Yes, I am a big n00b
Simply log in at Hive.vote and set up your fan base. You can spread out your votes in that way and also configure how often you want to vote or until which % of voting power. I'll make a post about it soon :)
I love that peakd is linking up thread and wave, it makes interacting in those two places so much easier.
I put a lot of effort and pure my heart into my posts, I will be glad if you add me to your list. !LUV
Great post! Good to have "you" back ;)
yeah, it does feel like being closer to the community again!
😃👍
!PIZZA
I write good posts 😅😅 atleast I would like to believe so 😅😅😅 no need to add me on autovote but if you see a post I wrote feel free to throw a comment in there... I am dying for some comments😅😅
$PIZZA slices delivered:
@digi-me(5/5) tipped @tobetada
I also noted about Leo finance, they do miss the payouts around 4-5 days in a month. There could be several reasons which i dont wan to go in debt.
Anyway, I do write contents and share vlogs. If you are interested 🙂
@asgharali
Yep that has been my experience as well, apparently they make up for it, but ai have to look at that in depth
Agreed
I try to write, not sure, if they are good or not, up to others to judge. Good to see the middle class growing.