Our fundraiser at SGS is done and I’ve had a chance to draw up a rough budget for how the new funds can be spent. I gave everyone a heads up last week that SGS Soon Seeking New HIVE Power Leases Paying 13.5% APR and we’ve already had a few expressions of interest – which is great. Now it’s time to get some solid agreements in place.
As per last time the SGS Membership will get first option on the new leases and so that is what this post is now announcing. The calculations I've done are a bit of a guesstimate but I think we can target a Total Hive Power of 450K for the 
So if you’re a member of SGS and want to lease your Hive Power to our Community Curation Project then NOW is the time to get in touch. Please contact me on the SGS Discord so that we can firm up the details and make sure we have a solid understanding of the size and terms of your lease. The basic terms of the leases are 13.5% APR paid weekly, in advance, with a minimum amount of 5,000 HP per lease.
I’ll leave this open to SGS Members for a few days and then will give those outside our membership on the Waiting List an opportunity to pick up the rest. Please do make sure that you talk to me first BEFORE changing your Delegation. This needs to be an orderly process and I’m not keen to facilitate people jumping the queue.
If you are interested in supporting a great community and getting a great return on your HIVE investment then I hope to hear from you soon.
