This is a good time to lease STEEMPOWER.

in #exyle4 years ago (edited)


Dlease.io is a platform where Steemians can lease STEEMPOWER to and from each other.

I think leasing will be one of the future use cases for STEEMPOWER.

I expect leasing to become very popular when communities come out to fill RC pools for the communities.

But even today, there are good reasons to lease.


Why would you get a lease?


If you get a lease now it gives you some extra voting power on the Steem platform and you get access RC's.

The extra voting power is perfect for good curators.

The lease prices have come down enough that it's now easy for good curators to make more STEEM in return than what the lease costs.

14% is the number that most leases go for nowadays and good curators can make a 19%-20% ROI from the STEEMPOWER that the lease provides if they do a good job.

That's a 5% profit on the lease. That's not bad.

You can reinvest that SP in more leases, build up your own SP or take a small profit.

Another reason to get a lease is that it allows you to create Account Tokens.

Account tokens might not be so valuable today but when Communities come out they might be very wanted.

I have been creating account tokens since whenever it was possible.

I have a little over 3000 of them now.

That's a pretty good number to kickstart any community.

And one more reason to get a lease now is that it's pretty cheap and less risky than buying STEEM.

I recently got a lease myself to try the process out.


Screenshot 2019-11-15 at 09.41.35.png


I rented 5000SP for 12 weeks for 186 STEEM.

That 186 STEEM costs about $28 dollars ($0,15 STEEM) today.

Even without perfect curation, I should be able to earn that STEEM back easily and make a few account tokens on the way.

But buying 5000SP is still tough (even with $0,15) that will cost you $750 dollars. A hefty investment.

Leasing reduces risk with all the benefits STEEMPOWER provides.


Why would you lease out your Steempower?


It's a no fuzz way to get a nice return on STEEMPOWER. 14% is a decent return. You get a payout daily in your wallet in liquid STEEM.

And because of #newsteem, the STEEMPOWER you lease out has less chance to be used for straight-up abuse.


Some Leasing tips


If you request a lease I would suggest filling in a longer time frame (> 12 weeks). It's cheaper and you have more chances to get your lease filled.

If you want to lease out your SP I would avoid <4weeks lease requests. The return might be a little higher but you loose 5 days of access to your SP when the lease runs out.


Sort:  

Quote If you request a lease I would suggest filling in a longer time frame (> 12 weeks). It's cheaper and you have more chances to get your lease filled.

QuoteIf you want to lease out your SP I would avoid <4weeks lease requests. The return might be a little higher but you loose 5 days of access to your SP when the lease runs out.

FYI: dlease calculates the APR net of the 5 day cool down. So it does not matter the time frame the percentage cost or reward will be the same.

Really? Thanks! I had no idea.

I can delegate up to 100k SP, I'm looking for +15% APR with less 8 weeks duration.

That's a very decent deal!

Did you find a taker?

Thanks for letting me know about this. For a while I wasnt sure what to do with my SP since I hardly get to post anymore, but I leased out a bunch to try this service out.

It works like a charm. And decent ROI too.

It would be good if the interface gave you a slider on how much to pay that showed you the %chance to fill and the speed of filling as you slid it.

I'll keep my eye on this, very interesting opportunities here.

They have those numbers:

Screenshot 2019-11-16 at 12.55.37.png

Very interesting. I am going to have to look into this. I know a couple of other people that have went this route and it has been very beneficial for them. I was always kind of against leasing SP because I wanted to use my STEEM to power up, but I can see where the benefit would be especially now with newsteem.

One problem. Only 55k available leases SP. We need more delegate.

Posted using Partiko Android

Those are requests. I expect those to increase when communities arrive.

Right now, if you want your leased filled 100% just offer 15% and it will go.

That's a really cool post, thanks for your support of dlease.io. I will resteem it into the official @dlease account.

It's a great service. It works really well. I also see great future potential when communities come out!

Hey, you have looked into returns from curation, do you know which trusted curation trails are making good returns? MinnowBooster has some idle voting power.

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

After reading your post, I find SP leasing extremely lucrative and may buy a lease of 10k SP in the next few weeks ahead. Thanks for sharing. Cheers!

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