Thanks for this post. I wanted to ask you about renting HP when I saw you post it in Snap. How is it economical though if you're paying 10% APR while the curation APR is around 7%+?
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Thanks for this post. I wanted to ask you about renting HP when I saw you post it in Snap. How is it economical though if you're paying 10% APR while the curation APR is around 7%+?
To be honest, I knew from the beginning that I wouldn’t make a profit through curation since I’m paying a much higher APR to the delegators.
However, I still offered a higher APR to encourage people to delegate their HP. If it’s not particularly profitable for them, they’re less likely to delegate. 😅