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RE: Auto-Compounding LEO Rewards! | Announcing Meowcurator

in LeoFinance • 4 years ago

I love the idea as it will help all the curators (and the hard work they do).

I'm a little lost in some of the detail about delegation though. I had 2 LEO delegated to @leo.voter and @onealfa.leo. (And thanks for the heads up that anything less than 10 LEO doesn't make much of a difference - I'm still just learning!)

Does this mean I should undelegate @leo.voter and @onealfa.leo, and delegate 10 LEO (or more) to @meowcurator?

I will sort out auto re-investing after I've got the basics sorted :-)

Thank you for the post and information.

Posted Using LeoFinance Beta

4 years ago in LeoFinance by
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     4 years ago  

    leo.voter rewards users in LEO if they delegate Hive Power. As far as I know, it does not reward users if they are delegating LEO power.

    I don't know what onealfa does with his delegations, but I would assume the same with leo.voter.

    So in this case, if you would like to earn passive rewards from basically HODLing LEO Power, the right way to do would be to delegate it to @meowcurator (preferably 10 LP or more, as you said) and observing @meowcurator sending you rewards every day.

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     4 years ago  

    Ahhh... thank you. So @meowcurator when delegating LEO, and @leo.voter when delegating Hive Power.

    Is the best thing to do to split delegation 50:50 between LEO:Hive Power ? Or is one a better option than the other for the LeoFinance & Hive community?

    Posted Using LeoFinance Beta

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     4 years ago  

    That is completely up to you to decide. You want LEO? Get more LEO Power. You want HIVE? Get more Hive Power :)