The Power of DLease!
With Hive Power Up Day less than two weeks away, I wanted to show how you can put your Hive Power (HP) to work for you.
DLease is an excellent way that I have found to do just that.
DLease.io is the website where you can temporarily delegate your HP to someone who in turn pays you interest on your delegation.
Most of the delegations are for 1-24 weeks, during which you are paid daily interest on your delegation.
The important thing to remember is that you are NOT loaning out your HP per se because it always remains in your possession, so you do not have to worry about someone defaulting on your funds.
You are likely aware of the benefits of powering up your hive, such as increased resource credit, higher voting power, and increased reputation, to name a few.
Using DLease to delegate your HP is just an awesome way to help increase your HP over time.
Delegating on DLease is very easy. You sign in with your Hive Keychain, which will show you how much HP you have available to delegate.
This is the main dashboard. It shows you how much HP you have available to lease.
It will also show you any current leases that you have.
Next, click on the Market tab on your dashboard.
This will take you to the lease page.
The lease page is very functional in that you can sort the lease request by amount, duration, daily payout, total payout, and APR of the lease.
You find the best fit and then click on the DELGATE tab on the right side of the chart.
Once you set up your Delegation, you can watch for your daily deposits in your Hive Wallet.
Keep in mind that this is just one of many options available on The Hive Blockchain, where you can delegate Hive Power to others in return for payments. You will likely notice that I have a few leases on my dashboard.****These are the criteria I use for leasing:
- I generally look for a return of 10% or more.
- I do not generally lease out longer than four weeks.
- I try to lease to members that I know. It is important to remember not to use too much of your Hive Power as this will not leave you with Hive Power to use for curation.
Until next time,
John Novak
dividers by @doze
Get some quality INLEO merchandise to share the platform.
Convert your crypto to HIVE with no KYC and rapid transfers.
Programs I Endorse
Posted Using InLeo Alpha