Now Delegating To Leo.Voter

Tonight, I discovered that delegating Hive Power to @leo.voter can generate a return in LEO tokens. Typically with delegations, you would delegate HP and get Hive in return. Or, if you have a decen...

4 years ago, comments: 1, votes: 36, reward: $0.68

Tonight, I discovered that delegating Hive Power to @leo.voter can generate a return in LEO tokens. Typically with delegations, you would delegate HP and get Hive in return. Or, if you have a decent stake of tokens on Hive Engine, you can delegate tokens to another account. I haven't found a project that will pay you back in the token you delegated. Recently, I bought some SPI tokens, which pay out in Hive every Sunday. I think this is roughly the way most projects work. I'll likely also delegate to SPI as well once I power up a little more.

Discovering that I could delegate HP and get LEO seems like a good deal to me. I have lulls in my ability to post and curate. So, having regular income is attractive to me in that respect. I am particularly attracted to LEO tokens because it is a community that brings me back time and again. In other words, I'll visit other communities. But, I hang out on Leo Finance. In that respect, it's important to me to build my stake in LEO.

Although I am delegating from this account, this is not the primary account I use to interact on Leo Finance. Thus, any LEO earnings get delegated to my other account. I'll routinely check my LEO balance and then delegate it to my other account. Typically, I'll unintentionally pick up some LEO from curation or the occasional post from this account, which is fine.

For now, it's a balancing act with my delegations. I want to grow my account so that my upvotes help more people. At the same time, I know that I'm not a relentless machine when it comes to posting and curating. So, some passive income smooths out those dips a little. The long-term goal is to keep powering up and doing some delegation, some curating, some posting, and some leasing. I still don't have a macro view of how I want to approach my Hive allocations. This is primarily because i have never had enough HP to make such planning meaningful. I think that as I keep investing in Hive, I will likely have to become more systematic on how I use my Hive Power. But, I'm not there yet.

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