APR disbelief

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It's been almost a week now but I'm still not over the fact amr008's engagement project has shut down. Besides the fact it encouraged people to be active and write comments, I loved the fact I was being payed for my delegation in the coin I was delegating, in my case: Proof of brain (PoB) and Leo. But what I liked the most was the super nice APR I was getting for delegating POB, the last one being 163%.

Since POB has dropped under 1 Hive per token I have been gradually stacking it while also keeping some liquid in case the price goes crazy again, and with the returns I was getting from my delegation it was nice to see how fast my stake was growing.

I have been looking at other projects to delegate to but I haven't found anything that offers similar APRs to what I was getting for my POB with the engagement project. Brofund seems like a pretty cool project and gives similar APR for Leo but 14% for POB feels like a punch in the stomach compared to 163%. Another thing is I am a simple person, I like being payed in the token I am delegating, and the fact Brofund pays in BRO seems a bit complicated to me, not that is the end of the world or anything, it's just my preference.

If anyone knows where I could delegate my POB and get similar APRs to what I used to get please let me know, because I don't have the time and desire to do manual curation on every Hive engine token I own.



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11 comments
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Manually curate pob...go on...just do it!

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You should do better just voting the stake now that rewards are linear.
A service has to make a profit and that profit can only come out of your curation rewards.
Delegating for profit is vote selling, too.

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(Edited)

didn't realize even delegation can have a bad rep in certain contexts :))) I'll see how the rewards pan out just by voting on one interface

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Have you been to leodex.io and set your multiplier in the rewards tab?
You can set it so that a small hive vote gives a big h-e vote.
I have mine set on 10, so that any hive vote over 10% gives a 100% h-e vote.

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because on this account I have a small vote I always give 100% upvotes so I don't think that is necessary but thanks for the tip, I'm sure it will come in handy at some point :)

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Well, you can get better than 14% by delegating CCC to the Creative Coin Fund: we're paying 23% for the month of September, with a base rate of 21%. Here's the delegation announcement post: https://peakd.com/creativecoin/@cccf/earn-21percent-apr-on-delegations-to-the-creative-coin-fund

Posted Using LeoFinance Beta

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Thanks for the info but I still don't have a place to delegate my POB :) and I don't think I have much CCC btw

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