People use Hive for various reasons. It can be a social platform if you want it to be, but of course earning crypto is a big attraction. You can do that by posting, but some do it mainly from curation. You can automate that in various ways to optimise your income. I have made some use of the auto-voting services, but I try to keep it mostly manual.
One option to earn is via @dlease. I have not done this, but they came to my attention as certain people who make Hive worse are exploiting it. A prime example is huaren.news who has bought almost 100k of HP delegation and over 400k SP on Steem. He is using that to downvote those who dare to downvote his posts which seem aimed at milking rewards. He gets very little real engagement.
This is on Steem, but he has hit me on Hive too.
He has an army of other accounts that follow up his downvotes, but those have negligible effect.
He obviously prefers Steem as he can get away with anything there whilst his Hive posts get cancelled out.
)
Getting back to dlease I would just like to suggest that people check on who they are delegating to and consider if that is good for this platform.
I will not name names and leave it up to people to decide for themselves what is right to do.
At some point I followed some curation trails, but then I noticed my votes were going to some dodgy people. I really do not care if I earn less by not supporting them, but I prefer to use my votes for good.
I think it is worth sacrificing some short-term profit for the long-term good of Hive. Support those who deserve it and who are underappreciated. That may actually earn you more as that is what the curation algorithm was designed for.
Hive five!
Leasing isn't for me, Im not as manually active on curation as you are @steevc, so I think the little power I have can be spent wisely with some curation trails and not do too much harm.
You already know my recent history with huaren.news, ha ha :D
The curation trails on Hive seem to be doing a decent job, so that can be a better option for some. Downvote trails can be tricky and lead to retaliation like you saw. The bigger your stake, the more tricky it gets.
Also got flagged by him on Steem because I flagged his posts xD
Sorry to hear that, but if lots of us flag him then he soon uses up his downvote power.
Yeah that's the idea of blockchaine.
I did actually lease to that huaren.news back in steem days a few times. I tried to hastly check that they were not atleast appearing as worst abusers. In steem I would have propably been against leasing to some reward pool milkers but here things are a little different since we are going to get the smt's this year according to @howo. I understand that we shouldn't deter away newbies and other bloggers but here it does not even seem like too many care about milking. I guess people trust that the core devs get the smt's done so that we can then get proper social-tokens.
I would not expect much development from Steem as they lost their developers. The abuse there is out of control, but they don't care.
I think the bigger issue is he is using that lease to intimidate small accounts on Hive for joining downvote trails.
I used dlease a bit over on Steem, but I haven't used it at all on Hive. Unless you are actively keeping track of your curation rewards and how you vote, the return isn't that great from what I have found. Of course if you are just looking to increase your stake to spread some more love around then it works out great.
It does look like some people make good passive from leasing out their SP/HP, but some may not care who gets it. I will keep control of most of my HP, but I do some free delegations to some new accounts and projects.
Yeah I use dlease but I dont lease to people like @kingscrown or @huaren.news
Both I had an opportunity to but decided not to give them support.
Happy to hear that. At least they are not making so much on Hive, but they can do some damage. Huaren strikes out at anyone who takes him on. Thanks to support from people like you I don't worry about his flags. I still think he fancies me really though ;)
You should have named a few people, maybe they don't even know who they're leasing to?
I have contacted a couple directly who I have dealt with before. We need to get his delegation reduced if we can.
I don't understand what he gains out of it, it can't be sustainable!
He's making a bit from Steem posts plus curation on Hive. No idea if there's profit in it.
I am currently only delegating to One Project and I will contiune to do so.
I do pay a lot for leases from dlease just to earn from curation :D
As long as you use your votes well you should be okay. I am not going to judge people on that.
Its sat up for curation to help the same project I am delegating to.
I dont have much time currently to do anything hive related.
I do use dlease but only for curie, was surprised to see them requesting help in their posts after that then thought I'd put my HP to use so they can use it and it gives me something back that I've been powering up anyway.
But yes, otherwise people should look at who they are leasing to and review actions regularly of the account they are leasing to.
Curie seems to act pretty well. It's all about being aware of what you are supporting.
Yeah I trust curie and remember getting their vote on one of my posts 6 months in to my Steem/Hive journey which really gave me a much needed lift, now I'm trying to help them out so they can continue empowering people.
But you're right, people need to be aware but they just see the APR and don't go any further
I have done one delegation on dlease, I ended it early as the person I delegated has not really used the blockchain in weeks, (I regularly check up on their activity to see what they are up to)
I think dlease should put up a tip for their users to promote the idea of keeping tabs on what their delegatee is up to incase they use the delegation in a way you don't agree with.
I guess I should check out what they offer even if I don't use it. I review my delegations and will cut them if they are not being used.
Good idea, I think a quick "here is where your lease went" summary might sharpen some peoples minds. I dont delegate on Hive, I tried it on Steem and I found for a little account like mine its not worth it.
Hi @steevc
Thanks for highlighting this and I have used dlease for some delegation. I will look at it and surely do what is good for the platform. Thanks.
I don't use dlease but I can see that it can be an important tool for someone who invested quite a bit of money here and who wants to earn some passive income.
But like you said, I think it's important that the guys who do use the servive to check the person they are delegating to.
The tools need to give you the control. I have not looked deeply into dlease to see what options it offers. It ought to exclude anyone who is on a blacklist.
I only lease to accounts that I know are not abusing the system. Currently I have a lease out the SBI as I like their project. There’s definitely some sketchy accounts looking for HP.
I appreciate these things are run as a business and they do not want to judge. I spoke to Dan of Blocktrades at a Steemfest about an account that was renting delegation from him and using it to flag people. He said they very rarely withdrew delegation. With dlease the individuals seem to have some control.
I delegate to some people for free to support what they do. What I make is irrelevant.
I do both this was my first time in Dlease. I delegate to SBI normally, but thought since they were requesting I would fill it. I’m not sure how much I will be doing considering you can make more curating good content.
I was using it a lot on Steem but haven’t done it at all over on hive. I enjoy giving bites that are worth a few pennies whereas I would just 100% upvote everything but only give 1 penny at best. I feel like it’s allowed me to engage more with lots of people, I’m often in the ‘created’ section now instead of just my feed. It’s where I found this post here since I don’t follow you yet lol I do admit I had reservations about who I delegated you but the passive income was nice for a bit.
I can see that it can be valuable to some and I don't mind if it is used well. I think delegation is a powerful tool, but I just tend to help out other people for no return.
@steevc I believe it's important to know the person very well before delegating HP to anyone. Its not right to use this same power against the community.
Of course, but some people just care about profit. Some may not be aware of the risks.