Hive :Taking Lease vs. building slowly.

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Hive :Taking Lease vs. building slowly.

When it comes to building the Hive power in the account rapidly, there are at least 2 options available.

  1. Either you purchase the Hive and power up in your user account.
  2. Or someone can delegate their Hive to you.
    I will not consider the Hive earning by posting and curating because both are gradual processes spanning years and it is not something that can build your account overnight.
    hive.png
    If you have a nice chunk of spare money and you are aligned in thought that Hive can be a potential bet then you can buy Hive and power it up. But in case you do not have much spare cash and you feel that more HP in your account will add more "weight" to your on-chain presence then you can try the "delegated" HP way. For "delegated" HP there is some kind friend who wants to spare some Hive power from its own account to you or you can purchase the "Hive Power" for a stipulated time by paying for it aka leasing of Hive power.

What are your lease options?

|If you want to get the leased Hive power then there are 2 interfaces that are known to me for this purpose. The first one is "Dlease.io" where you can request for lease and pay the requested lease using Hive.
Second interface is "https://hive-engine.com/lease" where you can request for lease and pay the requested lease using Swap.Hive, BEE and SPS.

Benefits of taking a lease.

When you get delegated HP, you get the same curation and post-voting power benefits as it is simply owned by you. I can say that delegated HP can easily increase your visibility. If you couple with this community engagement, sharing your honest opinion and a little thoughtfulness, I am sure you will certainly get popular in Hive. (though I have no "popularity" metrics to define popular.)

Risk involved in taking a lease.

If you're thinking that taking a lease will be always monetarily profitable, then I guess it is no. It may be profitable, or break even or you might lose money as your curation income by lease might be less than the expenses you paid for getting a lease.
Secondly, Lease is not at all a permanent solution in lieu of your own HP. but it gives you time to build your own by paying fees till you build your own.

Difference between own HP and delegated HP.

As far as curation rewards are concerned, there is no difference between delegated HP and owned HP but still following differences are there with respect to "owned" and "delegated" HP.

1. Governance Voting in Hive.

Your vote value in Hive Governance is always proportional to your "own" HP. Delegated HP has no say in Hive governance. Furthermore, HP owner say in Hive governance is always proportional to its Hive Power whether HP owner delegates it or not.

2. Staking APR.

Apart from Curation APR, Hive Power also attracts 3% APR but this APR is again credited to the HP owner. Even owner delegates its HP, the owner still earns the staking APR. (though in the case of its delegated HP, the owner will observe its delegated HP value keep increasing instead on its own account but still HP earned is in the owner's account.)
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Hive :Taking Lease vs. building slowly. | Ecency