Who do you delegate to?

tergan(55)

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The GLD Sandbox

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How many curation accounts are there?

Part of the Great Little Dragons reason for being is to check out different ways to get income on tokens. Locking Hive and delegating is one of the easiest ways to make extra tokens.

However, knowing who to delegate to is a real challenge. Currently this community has ten different accounts which delegate to ten different projects so we can reliably check out which project give the best return.

It should probably be expanded to twelve accounts because right now two notable mentions are not on the list.

@hiveabbyftp and @helios.voter

Then again this list is only for those curation accounts which pay out in HIVE so I guess @hiveabbyftp will have to wait for the list that pays out in lvl 2 / altcoin. Still leaving off @helios.voter is actually leaving off one of the best paying delegators on hive.

Looking at 10 different delegations

Rank	Account	APR	Delegatee	Source	Delegation	Payments	Total Received
1	@stonegale.gld	8.55%	amazingdrinks	amazingdrinks	306.296 HP	21	18.561 HIVE
2	@ecency.gld	7.93%	ecency	ecency	101.499 HP	191	4.190 HIVE
3	@curangel.gld	6.63%	curangel	curangel	101.686 HP	197	3.883 HIVE
4	@ocdb.gld	6.37%	ocdb	ocdb	101.875 HP	459	4.058 HIVE
5	@qurator.gld	6.26%	qurator	qurator	101.686 HP	205	3.566 HIVE
6	@emberfang.gld	5.60%	diyhub	diyhub.funds	306.296 HP	35	11.950 HIVE
7	@splinter.gld	4.07%	ladiesofhive	ladiesofhive	101.686 HP	170	1.986 HIVE
8	@fitatic.gld	3.51%	actifit	actifit.pay	96.052 HP	36	1.445 HIVE + 0.036 HBD
9	@silver.gld	2.98%	hive-106316	hive-106316	101.342 HP	153	1.370 HIVE
10	@scifi.gld	2.92%	scifimultiverse	scifimultiverse	101.876 HP	223	1.846 HIVE

Notice anything?

From a low of 2.92% to a high of 8.55% there is a wide variety of returns between accounts. Also notice that distrubition frequency varies lot also. Some area weekly. Some are daily. Some like OCDB have more than one distribution every day!

Also interesting is that payments can vary over time. The chart below has payouts ranked from inception but also based only on the last payment.

Rank	Account	APR	Delegatee	Source	Delegation	Payments	Total Received
1	@stonegale.gld	20.10% / 8.55%	amazingdrinks	amazingdrinks	306.296 HP	21	18.561 HIVE
2	@ecency.gld	8.63% / 7.93%	ecency	ecency	101.499 HP	191	4.190 HIVE
3	@curangel.gld	7.17% / 6.63%	curangel	curangel	101.686 HP	197	3.883 HIVE
4	@ocdb.gld	4.99% / 6.37%	ocdb	ocdb	101.876 HP	459	4.058 HIVE
5	@qurator.gld	5.03% / 6.26%	qurator	qurator	101.686 HP	205	3.566 HIVE
6	@emberfang.gld	3.57% / 5.60%	diyhub	diyhub.funds	306.296 HP	35	11.950 HIVE
7	@splinter.gld	4.67% / 4.07%	ladiesofhive	ladiesofhive	101.686 HP	170	1.986 HIVE
8	@fitatic.gld	5.44% / 3.51%	actifit	actifit.pay	96.052 HP	36	1.445 HIVE + 0.036 HBD
9	@silver.gld	2.52% / 2.98%	hive-106316	hive-106316	101.342 HP	153	1.370 HIVE
10	@scifi.gld	5.63% / 2.92%	scifimultiverse	scifimultiverse	101.876 HP	223	1.846 HIVE

One payment can change viewpoints

Look at amazing drinks. It made an outsized payment last time which works out to 20% but when looked over the months 8.55%. That's still the best of the group but if you only look at one payout it makes a difference.

Others like scifimultiverse look bad from being at the bottom of the heap on the multi month list but the current 5.63% actually looks pretty reasonable.
Samething with actifit. the 3.51% historic looks pretty anaemic but the recent 5.44% isn't stellar but still much improved.

The outlier

The account @helios.gld was supposed to track delegations to the @helios.voter but it got sidetracked by making posts about the HELIOS token and how useful it can be as a curation source.

So, for now I'll look at @tergan account delegation to @helios.voter

Total delegation 3410HP
Last 4 distributions : 9.516 + 8.518 + 9.057 + 8.616 = 35.709
Average distribution : 8.927 HP / week

What is the percent return?

(8.927HP/week * 52 weeks)/3410 HP * 100% = 13.6%

Support the community or your wallet?

There remains the tough question:

Support the community?

Support your wallet?

If you happen to be supporting the @amazingdrinks community then you are in luck you get a very good return and support a cool community.

However if you are an Actifit user like I am? Supporting the Actifit community getting 3.5-5.4% instead of taking the HELIOS payout of 13.6% is a tough call.

In the end? Totally up to the Hive user to decide which is more important.

And a side note.

Just for fun there is something else to look at. Did you notice that the HP delegated by each account is a weird number?

306.296 for stonegale.gld
101.876 for ocdb.gld

Here is something that people miss. Hive quietly gives interest on every staked HP. Those accounts started out at 300HP and 100HP respectively. While they were making money from their curation effort they were also earning 3% return just by sitting on HIVE.

That 13.6% return from funds delegated to @helios.voter is actually 16.6% if you count the HP saving interest.

Where else would you get 16.6% interest?

Anyways that's my thought for now about keeping an eye on delegation returns. You get an idea of the return from looking at the last distribution but get a better view of things from looking at the long term distribution.

Do you happen to know any other communities that should be added to the list? Ones that pay out in HIVE? I would love to hear about them so I can make a more comprehensive list for the community.

Also many delegations pay out in tribe tokens like @leo.voter, @hiveabbyftp, @indiaunited, @pakx and more. I'll look at those next time but for this time I wanted to focus on getting HIVE from delegating staked Hive (HP).

Final note: @hivepakistan got missed in this round as I screwed up. I originally thought it paid tribe tokens but I was incorrect. Sorry. It pays regularly in HIVE Check the comments to see it did really well in the standings :)