In this post, I will try to explain some of the communities where you can delegate your HP and earn good APR.
This post is especially for all those new users who have recently joined Hive ecosystem or have Hive power and are confused where to delegate and how to use the proper HP for the growth of their account.
First of all, it's recommended to use your hive power by yourself by curating others content. This will have many benefits for you.
One that when you regularly do vote other contents, You will also start receiving votes from others. This will help you increase your earning in your posts.
As many people start upvoting your post, your earning will increase and also there is another benefit for using your HP that you will earn around 3% APR on the yearly basis, which is the reward for inflation.
According to my calculations, you will earn around 10% APR if you use your HP by yourself, In other case if you don't have time to use your HP or you don't have time to share contents, there are some other options that you use your hive power.
One best option is that you delegate your HP to any of the best community which offers you a good APR.
This is obvious that a user will prefer all those communities which offer a good APR.
In this post I will try to discuss some of the communities which are offering good APR.
According to my knowledge, right now #ECENCY is providing the best APR.
The good thing about delegating to Ecency is that you will also get points which you can use it for many activities which will be beneficial for your account.
The curation reward from Ecency, adding points as well, you will get around 15 to 16% APR.
The next community which I prefer is HoloZing which is a newly launched project, Which is a role-playing adventure game where you can delegate your HP easily.
According to recent update and knowledge, you will earn around 14.77% APR if you will delegate your HP to HoloZing community.
Similarly, the next community which I will prefer is LeoFinance which offers around 14% APR if you delegate your HP.
These are right now the top 3 communities which offers the best APR if you delegate your HP.
The advantage for delegating to Ecency is that you will get liquid HP in return on daily basis.
But delegating to holozing and Leofinance you will get tokens, Zing and Leo token in return which is after then converted to Hive.
Therefore these three communities will be the best for the users to delegate their hive power.
What do you people think about these communities, Will it be profitable to delegate your HP to these communities? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
Thank You!
Best Wishes.