Renewing Leases
When we started the Liotes project, we collected a lot of Hive during the first days of the launch sale. We then delegated this Hive Power over dlease mainly. After about 3 months, we have now some of these leases coming to the end. The offers on the dlease market at the moment are not that good and we decided to delegate a bigger part of the liotes.fund to @leo.voter which pays around 16% APR in LEO token.
We believe that LEO is quite cheap at the moment. So by delegating we would get a bigger quantity of LEO and this could be beneficial in the long term. We also decided to delegate some of the Hive power of the @liotes.fund to our own @liotes.voter.
Double advantage
Since we pay about 12% APR on the delegations to the liotes.voter, we get about the same return as if we delegated on dlease but we have two advantages if we delegate to our own voter account. First of all, the @liotes.voter account is growing in Hive Power and can give more powerful upvotes to the members of our community. The second advantage is that contrary to dlease, the lease won't run out and stay unproductive for 5 days.
The income from this delegation being covered with the curation rewards that we generate, we believe that this will be a real improvement for our economy in the long term.
The secondary layers are growing nicely
Even if we had a little bit less income from the primary investment layer, the secondary investments are progressing nicely. In one week our VIBES stake increased by 20%, the CTP stake by about 10% and the LEO stake by about 5%. This looks pretty good :-).
Liotes
A project run by @ph1102 and @achim03
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!LUV
@ecency, you were given LUV from @ph1102. About: https://peakd.com/@luvshares
Thanks for the info. This was a smart move. 😎 👏
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Thanks for the feed-back and the Pizza ;-)
!ENGAGE 20
ENGAGE
tokens.I agree with that decision. I have been trying to buy a little Leo at a time while it’s cheap. Keep up the good work. !LUV
It could be the case that we will stay a bit in these bearish markets, so prices can fluctuate around current values, but I'm optimistic about the future of certain tribes (and tokens) here on Hive... LEO is definitely one of them...
!ENGAGE 10
!PIZZA
@horstman5! I sent you a slice of $PIZZA on behalf of @ph1102.
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tokens.@liotes, you were given LUV from @horstman5. About: https://peakd.com/@luvshares
Sounds like a sound, well thought out plan. Thank you for putting so much into this project.
!LUV 1
I hope so that you are right and the plan is good! For now, It works much better than planned :)
Thanks for the support!
!ENGAGE 10
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ENGAGE
tokens.Thanks for the update! (Not a high value post, I know, but all I have to add at the moment ;)
Thanks for stopping by.
No problem about that :-). It's not always possible to leave 150 word comments. We are very greatful for any type of comment!
!ENGAGE 20
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tokens.I am personally satking all my leo on VFT lab
Earning VFT maybe some of the leo could also be used on that? It still has nice payouts.
I like the decision just adding this as a possible new layer :)
That is a valid idea... I'm doing the same with my personal LEO, but we will see if we go to that direction with Liotes...
!ENGAGE 10
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@solymi! I sent you a slice of $PIZZA on behalf of @ph1102.
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ENGAGE
tokens.