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Hive Power Delegation for more than 50% APR!

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@cantfoldaces
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As the title says, I've just discovered an opportunity to gain an insanely high APR on Hive Power delegation and i'll be jumping on the opportunity in its early days.

Intro

As it's shown on the poster, it's related to WOO or World Organization Online, a play-to-earn game still on it's early phase and not launched yet.

I won't focus on the game's details as many other posts give detailed explaination but will jump straight to the financial aspect of this game with WOO Token as the base (governance?) Token.

Hive Delegation

WOO has launched a new rewarding program for delegating Hive Power to @wrestorgonline either via:

  • the classic method
  • Through WOO Website:

I've already delegated 150 Hive Power for a juicy 64% APR:

How the APR so high?:

  • Rewards won't be paid from Curation rewards but there are 30M $WOO dedicated for HP delegation rewards
  • A massive 77,000 HP delegated and still such a high APR
  • APR may vary depending on HP delegated, $ Hive Price AND $WOO Price

Currently $ WOO price is at 0.003$ , if it reaches 0.01$ we already made 3x the current APR as explained in details on tobias-g post:

Delegating today means that you're earning a return of around $0.7032 per every Hive delegated, however in the event that the WOO price was to appreciate to a 1M cap this would see your return increase to around $1.40 per Hive assuming that price of Hive remained the same and total delegated, this means that you could earn just over 2 Hive for every 1 Hive delegated, now, of course, all of this can change, but if you believe in the project WOO are creating, there isn't a less risky way to get involved with WOO at the moment.

What can I do with $WOO?

Again I'll be taking the financial side of this game and won't involve the in-game utility of this token:

$WOO Staking

Staking can be done on the official website or on hive-engine for a whopping 170% APR.

On a side notice, Staking rewards should be claimed on the official platform

Daily compounding will result in an even higher APY (assuming APR stays the same) for more than 400% APY

Liquidity Pools

Currently there are 4 Liquidity Pools offering daily rewards for providing liquidity:

WOO:SPS seems to be the most popular

WOO:PIZZA offers the best APR among them

Staking still provides (currently) the best ROI with NO risk of impermanent loss from the liquidity pools.

Useful Links

Website: https://woo-prod-client.herokuapp.com/ Discord: https://discord.gg/7acdgdyemP Peakd Profile: https://peakd.com/@wrestorgonline

Posted Using LeoFinance Beta