Are the "good days" for leasing out HP over?
You might not even have heard that it was possible to do so. But there are many accounts on Hive (former Bid Bots) that give you a return for delegating HP to them. Normally this is lower than the average curation rewards for users which is about 8.5%. But there is a better way of getting a return for leasing out HP!
Leasing out HP on Dlease is a much better way if one wants to earn some passive rewards. It is a market for HP on which you can either request a lease or give out a lease for a fixed amount of APR. I think many did not know about this, since up to several weeks ago it was often possible to get APRs of about 14-18%! But now this has gone down to abour 10-11% which is still not bad considering that it is about $2-3 above of what you would get for curating posts.
But I have to stress here that it is generally always better to curate for the Hive ecosystem. Leasing out your HP to someone means that you literally give your stake/power to someone else. This person can then do with it whatever he/she wants. The problem with this is that this generally centralizes power and therefore reduces the distribution for Hive rewards in the ecosystem. But we actually want the rewards from the rewards pool to spread to as many users as possible. So when you are delegating your HP to someone, just keep that in mind. But that of course does not mean that one cannot use multiple systems at once of which Dlease could be one of.
There is also the option of leasing out HP over at Hive Engine. For some reason the APR is generally much lower here and there are much less active leases. I suppose it is because it is still relatively less known that one can do it over there which is also why I want to raise awareness for these markets.
Decline in APR because of a decline in Bots?
I think I also know why the APR has dropped so significantly in recent weeks. Since February 1st it seems that bots have been on the decline for Splitnerlands since it is much less rewarding to have bot farms over there now. The accounts requesting HP at high APR apparently were often bot farms that could make an even higher return...
As a general reminder: Please keep in mind that none of this is official investment advice! Crypto trading entails a great deal of risk; never spend money that you can't afford to lose!
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