That'd be about right. 50 steem/month would take about 5 years to save up 2500 steem. Renting it at that rate would be about right.
I have quite a bit, just mentally crunching the numbers to see if it's worth leasing out my 10K SP, at 200 steem/month.
Yeah it's 4 weeks and that is the going rate for community projects on minnowbooster, they calculate an 18.4% APR, and that includes the one week cool down when the delegation expires, but something we can discuss is seeing if people want to commit to it longer term and renew it month, this eliminating the cool down. We can certainly discuss further feel free to reach out to me.
Oh yeah, plus minnowbooster takes 10% for brockering the deal, thus their 18.4% also accounts for that amount. But of course you need to calculate in your loss curation when your crunching those numbers for yourself.
You can see how it's an excellent deal from my perspective at that kind of price though.
I'm effectively loaning at a high interest rate, leveraging my existing steem investment, increasing my exposure to any growth (and loss) and face zero chance of a default, since I can remove the delegation at any point.
And you've struggled to find someone to fill that order on those terms?
Might be time to move some bitcoin into steem and become a lender.
I'm glad you see it that way, I think our problem is that we are currently competing against the non-community leases, that offer a higher ROI. As a community support bot minnow booster gives us 200SP for 4STEEM, and non-community leases get 150SP for 4 STEEM, Thus investors are more likely to fill those leases. But I suspect many communities just broker there own long term leases privately, much like we are discussing now.
But I do feel you are correct that filling these leases can be quite lucrative as an investment and those ROI's are excellent with no risk whatsoever. I hope you continue to seriously consider our lease as I will be starting to look at finding a private deal off minnowbooster if our STEEM is once again returned in 2 days.
PS the other great thing about leasing to this project is that you will directly see the benefit from the increased voting power since you are also an active member of this community. I can see that you don't post often but I think the botty vote would directly offset the lost curation. Are you feeling any arm twisting or begging yet...lol. Sorry.
I believe it’s for 4 weeks. But I’m not positive about that.
That'd be about right. 50 steem/month would take about 5 years to save up 2500 steem. Renting it at that rate would be about right.
I have quite a bit, just mentally crunching the numbers to see if it's worth leasing out my 10K SP, at 200 steem/month.
Yeah it's 4 weeks and that is the going rate for community projects on minnowbooster, they calculate an 18.4% APR, and that includes the one week cool down when the delegation expires, but something we can discuss is seeing if people want to commit to it longer term and renew it month, this eliminating the cool down. We can certainly discuss further feel free to reach out to me.
Oh yeah, plus minnowbooster takes 10% for brockering the deal, thus their 18.4% also accounts for that amount. But of course you need to calculate in your loss curation when your crunching those numbers for yourself.
You can see how it's an excellent deal from my perspective at that kind of price though.
I'm effectively loaning at a high interest rate, leveraging my existing steem investment, increasing my exposure to any growth (and loss) and face zero chance of a default, since I can remove the delegation at any point.
And you've struggled to find someone to fill that order on those terms?
Might be time to move some bitcoin into steem and become a lender.
I'm glad you see it that way, I think our problem is that we are currently competing against the non-community leases, that offer a higher ROI. As a community support bot minnow booster gives us 200SP for 4STEEM, and non-community leases get 150SP for 4 STEEM, Thus investors are more likely to fill those leases. But I suspect many communities just broker there own long term leases privately, much like we are discussing now.
But I do feel you are correct that filling these leases can be quite lucrative as an investment and those ROI's are excellent with no risk whatsoever. I hope you continue to seriously consider our lease as I will be starting to look at finding a private deal off minnowbooster if our STEEM is once again returned in 2 days.
PS the other great thing about leasing to this project is that you will directly see the benefit from the increased voting power since you are also an active member of this community. I can see that you don't post often but I think the botty vote would directly offset the lost curation. Are you feeling any arm twisting or begging yet...lol. Sorry.