Delegate 2000 HP to leo.voter to let it pay for INLEO Premium
I just renewed my INLEO Premium after realising that the monthly payout is likely to exceed $10. The details is shown below.
What is the thinking behind this?
Well, I am creating a little flywheel here myself.
2000 HP is worth about $840 today. It's the 2000 HP that I don't need. So I delegate to leo.voter.
It will earn me approximately 171.82 LEO or about $11 in a month through this delegation. I know my LP will be increased by this amount in a month.
With that, I can pay for the INLEO premium with 10 HBD. I may even get bigger APR with INLEO Premium.
Now, if I keep writing posts and threads, I am sure I can easily earn more than 10 HBD too.
So in essence, I am getting a risk free INLEO Premium payment by using my delegation rewards for it.
The alternative, which is non-action, does not make sense to me as the lowered engagement with the network is likely to bring limited yield.
Posted Using InLeo Alpha
can I do something like this too, if yes, how, my account is still small.
Gradually grow your account! Patience.
Yes this is doable for sure and a good way to grow in the LEO ranks too
Leo to the moon ! I am thinking to purchase Inleo premium.
wow not a bad plan O.O. but u receiving it as staked so u have to unstake it?
Yes. But I am happy to be stacking.
i see not a bad plan to pay off your premium
That is really a great investment option you pick here
I will definitely give delegation after giving something
I am also trying to invest some money in the same way and give delegation to the good projects.
I so much Believe Leo will definitely do well. Quite well
I think that is an interesting way to pay for it but I think that 2000 HP could also generate close to $10 per month in curation right? I am not really sure though. Also, does being premium make your delegation rewards go up?
For regular long form content creator, premium is a must.
From threads also we can generate micro earning in HBD to fund premium subscription.
Thank you.
That's an awesome way to grow one's LP. And yes, being premium has its perks too.