Just a reminder to everyone. The people who benefit the most from this, is the minnowbooster devs who get 10% for just hosting the market.
If you buy 300 steem delegation, you will pay 8 steem but the person delegating to you will get 7.2 steem. Try to deal with investors personally to get a better rate.
To add to @littleboy 's on point information I'd like to point out that @blocktrades offers a similar service. As far as I can tell blocktrades is leasing you steem power they own directly. Their rates for 30 day leases match those of minnowbooster. Blocktrades 90 day rates however are better than a 12 week lease via minnowbooster.
Another thing to consider is that blocktrades transactions are nearly instant because you aren't waiting for someone to fill your order.
Yes, I got a 200 steem delegation from blocktrades. I use that because that is instant.
I've got 750 through minnowbooster and 150 through blocktrades. As long as current conditions hold I'll be leasing through blocktrades henceforth. Until my organic SP is north of 5,000.
We are able to fill certain orders instantly:
@littleboy Can we trust the investor?
Yes. They are quite trusted regarding this delegation business. If he @thecryptodrive were to scam you, contact me. I will be at their throats and their PR will be at the bottom of the sea. We critics are always looking for reasons to criticize.
As opposed to blocktrades earning all of the revenue rather than to individual investors as well?
You can try lease directly but you then have no escrow protection of the whale pulls his delegation you paid in advance for and the @buildteam devs and token holders won't benefit and thus progress on other project developments will slow down. Supporting @minnowbooster supports devs and other great team members who build great projects on Steem.
looked into leasing sp. the fact 3.8 million sp has to be unavailable for investors to get a chance to lease their sp seems unrealistic to have a chance to lease steem when the whale takes the investment first.
We don’t have 3.8 million SP, and delegated SP can’t be forward delegated by us. Also we always have open orders on our market for investors.
If you have an investor you trust - by all means, negotiate directly! However, if you end up sending money to someone who then doesn't delegate the SP promised or revokes it sooner than agreed? You just lost some steem dollars and that can really be frustrating.
I think that unless you really trust whoever you're leasing power from, the 10% is a totally reasonable "insurance policy" against such unpleasant cases. But that's just my opinion. :)
Aren't you quiting steemit?
Do you see me publishing content? Nope. I have nothing to contribute to the platform until the bullies are taken down.
But thank you for the reply, which clearly shows your honest interest in an answer, rather than your desire to advertise competitors and support bullying. :)