FYI: That BIT token that's added as LP rewards isn't affiliated with us, it's more likely to be created for nefarious use than any legitimate usage. I.e. they probably add it as rewards and send it out to people at random in hopes they'll buy some up and I expect they own all of the tokens and just hope someone buys into it so they can get some hive from it. So fair warning there, we can't remove rewards/tokens from the LP for some reason so this allows people to add whatever.
Also some additional info on HP delegations, your HP in and of itself also inflates yearly at a ~3%, this does however not go to who you delegate but remain with you. You may notice this if you for instance delegate exactly 100k and a few days later you notice your delegation is now higher, such as my own for instance where I did exactly that:
What you do forfeit however is the ~8.5% APR from curation rewards, this goes instead to @zingtoken which is earning approximately 4000 Hive per week from its 2.4m HP delegation. May sound like a very large number but for a project of this size ~$1.5k a week is not that much, but with vials it's adding up nicely and based on how that goes over time we may adjust zing distribution even more compared to the current distribution under "New":
Thank you for the clarity on that!
That explains the 7.186 extra HP lol
I couldn't remember what the ROI was for curation - 8.5%... again thank you!
That was the "cost" I was referring to 😊
By delegating the HP to @zingtoken you exchange the $HIVE Rewards you would get for using that 500HP on the posts you upvote... but in exchange, are getting paid in $ZING for letting the account curate $ZING Projects!
I love that 😊
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