Posts

To lease or not to lease?

avatar of @enforcer48
25
Leonis
@enforcer48
·
·
0 views
·
2 min read

         It's been a long time since I visited the Hive Engine frontend at https://hive-engine.com. One of the reasons for my revisit was the RC leasing feature at https://hive-engine.com/lease. For the most part, I use Tribaldex to manage my tokens.

         In essence, it's like @dlease, but with more tokens in the mix. As you can see, leasing your "asset" is not a novel concept. Even @blocktrades sells delegations as part of the services offered. Today, you can still delegate to reputable curation groups for returns. I'm sure many folks remember the debacles that came with bid bots. That was a darker time.

         There are a few delegation requests on the page. I suspect it has more to do with the ROI. When I look at my curation stats on HiveStats.io, I get over 9% from curation alone. I don't even utilize my voting power efficiently because I have days when I sit at 100%. So, hitting 10% on curation is more than likely. Although, if you were going to be passive about your HP, having an ROI is better than none.

         I know delegation for profit is controversial for some. I have no qualms about how people handle their own assets. It's not like private deals wouldn't happen if we opted for a more draconian stance against people leasing.

          As I wrote earlier, there are other tokens you could offer as payment. It doesn't seem like people are utilizing them at the moment. I wouldn't mind filling some requests for SPS or DEC. So far, I can't tell if it's due to a lack of awareness or desire. Then again, most people who keep things on the chain usually want their assets in HIVE.

RC delegation was supposed to be the next big thing?

         There doesn't seem to be a desire to pay for RC right now. Or, the filled requests aren't displayed on the page? The bear market certainly does not help with the demand. I can't assess how it would have played out had the RC delegation come out in 2021. Since it's so new, I don't think people have figured out how much they are worth.

         For me, RC is free for the most part, as it derives from my own HP. So, if I were to get any returns, it would be worthwhile. Would I use this service? Probably not extensively. I will definitely check every now and again to see if I want to fulfill someone's request.

         Maybe the issue is the timing in the market cycle. We shall see.

Posted Using LeoFinance Beta