Maximising your ROI via delegation on Hive
Hi everyone,
For seasoned users on Hive, delegation is known to be one of the most powerful features which one can utilize to maximise your return of investment. If used smartly, it can be a true passive income generator at a daily basis promising good value for money.
Even for new users, you can utilize this feature once you have a substantial amount of Hive Power in your account which you can start delegating to other projects on Hive for return of profit. Don't worry so much if you see your HP is not big enough because eventually you will reach there soon. I have been building myself here since 2018.
Delegation is a powerful tool on Hive
Once you have that good amount of HP to lease, start delegating to receive profits. As for me, I have been delegating on two major projects on Hive. One of it is LEO. I have been delegating to them in exchange for $LEO. With this, I can opt to diversify my investment and that is to invest on CUB. Other than that, I could also use $LEO to exchange with credit om Splinterlands too. I have various options here to maximise my profit or profit diversitication.
Splinterlands card rent-out
This feature is really awesome omln Splinterlands which you can actually rent out your extra or less used cards in exchange for DEC (Dark Energy Crystal). How cool is that? All made possible on Hive blockchain!
Although, I have taken out a lot of cards from the market because I am focusing more on building my CP. However, I can still earn a few by delegating some cards I have extras. This is good value for money!
That said, this is just some of the things we can do to max our ROI. There are a lot more other things that can actually be done to also max our profit.
You need to DYOR on which provides better APR but ultimately, all of this can only be realized on Hive blockchain.
How much Delegation made to leo.voter? @robmojo