This is something that we have gone over a lot over the past few years on chain.
How good we have it here!
And with the rise of the 20% APR that a lot of us are enjoying from HBD, it has most definitely fit the bill when it comes to building passive residual income from our efforts here.
Our engagement, activity and value that we build on chain, literally feeds our HBD savings if you want and we all dream of the day....When we'll all make a full time living off our efforts here.
I made a post a few weeks ago about the difference between staking Hive power vs putting HBD in savings. It comes down to a simple answer for me...I want them both.
I love seeing my 20% APR from savings, but just as important, my stake rising helps me distribute the token through curation. Which is the real power of powering up your Hive.
But there's another reason I'm a raving fan of Hive Power and I wanted to share that with you tonight....
I wanted to highlight my favorite delegation project on Hive.
Many of you know about it, it's quite legendary around these parts :).
Now from that screen shot, you can see....I've been delegating to Leo Voter for years now. And it goes up and down, I've had more of Hive Power delegated to it, and last year when I was in the middle of some offline drama...I had to un-delegate some of it as well.
Tonight, I added another 5,000 HP to the delegation.
Why?
I'm a huge believer in @LeoFinance Everything about this project just screams potential and opportunity. It's a passionate community, strong leadership and a massive asset to Hive as a whole.
I can add or subtract my delegation whenever I like. When things are going great, I'll delegate more but if things go bottoms up like last year, I can take it back. This is the true power of delegating your Hive Power into projects you believe in. You are always in control of your stake!
But here's the BIG reason....
(Note: Because I added an extra 5000 HP tonight, that'll add another 25 LEO a day to my total)
I get LEO....Every. Single. Day!
Now, someone who lacks vision may say...Big deal, LEO is like 3 or 4 cents right now. A whopping $1.50 or $2.00 a day....
One peak at what LEO has been up to recently, let's you know....Now is the time to stack LEO while everyone else is looking elsewhere. The potential for LEO to rocket is always there, just because they are always building!
That's why I'm all in on Leo Voter!
And bringing it back to the main point of my post.....
Sure, it's great! We can sit back and enjoy our 20% APR from HBD. We can even stake our Hive, and work to distribute the token through curation efforts which is always a win!
But the other reason we should focus on building our Hive Power....
The ability to delegate to projects we absolutely LOVE. Which helps them out but also, gives you some layer 2 tokens in return for that......Potential and opportunity that you know is coming down the road!
