Time for @leo.voter to stop HP delegation and start RC delegation? A look at HP delegation data from @leo.voter.

amr008 in #hive-167922 • 2 years ago

Hello everyone ,

Hope you all are doing good . This post is related to HP delegation from @leo.voter account to the new accounts created through LeoFinance front-end .

RC delegation

One of the major changes to the whole Hive EcoSystem implemented through HF26 was RC delegation , previous to this only HP delegation was possible which increased the RC for the delegatee.

Downside of this was that the user who is delegating the HP ( Delegator ) would lose out on their own rewards. This was solved by RC delegation feature .

leo.voter

@leo.voter is the account which delegates the HP to the newly onboarded users via LeoFinance .

This is the same account to which you can delegate HP to receive Leo rewards everyday at 16% APR.

Now I went back and checked some Delegation related data and this is what I found.

All Delegations

Now note that there are some delegations done from @leo.voter account to other LEO accounts itself .

All you see in the above GIF which are in green are LEO accounts .
@wrapped-leo , @p-leo , @b-leo , @leo.bounties , @p-sps , @cubdaily .

Totally this HP delegation amounts to 2127.6 HP .

Apart from this all the other accounts HP delegation is for onboarded users [ Blue ]

Onboarded users only

Here you can see that the range of delegation is from 10 to 10.5 .

Actually it was 10 itself but as you know HP grows over time so the 0.5 HP is actually the interest .

Month wise delegation

If we look at the month wise delegation , August is the highest with 189 users onboarded and 1902 HP delegated .

In November itself , 28 users were delegated 280 HP .

Total delegation currently for onboarded users

So a total of 11,034 HP is currently under delegation from @leo.voter to a total of 1084 onboarded users .

Conclusion

This 11k HP can be undelegated and used for curation from @leo.voter itself . The same 1084 users can have RC delegation instead . This will not change anything for @leo.voter negatively as once the HP returns to @leo.voter , the RC will be back too and the same RC can be delegated back to the 1084 users.

What do you guys think about this? Let me know in the comment section .

Regards ,
MR.

Posted Using LeoFinance ^Beta

#proofofbrain #neoxian #ctp #hive-stats #vyb #archon #palnet #leofinance

2 years ago in #hive-167922 by amr008

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jfang003 2 years ago

I think it makes sense as a logical step but I wonder how the returns from the voter will change due to it? I think to an extent, the HP subsidizes the LEO paid out but RCs themselves don't generate anything.

Posted Using LeoFinance ^Beta

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cmmemes 2 years ago

hey man, long time no see :) I haven't seen any front end implement the long awaited RC delegations. So regular plebs can't use the feature for now

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amr008 2 years ago

Hey @cmmemes :)

Actually peakd already has it . Click on the little arrow button beside delegate in your wallet and you can see "Delegate RC" over there .

Alternatively you can use this -

https://delegate.superhive.me/

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cmmemes 2 years ago

cool, thanks for educating my retarded ass :)

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yeckingo1 2 years ago

Seems like the logical step to me. After all, the leofinance delegation for new accounts is so that users can start and publish, not to give them healing power, which is also too scarce to make sense. So I think it's something to implement soon.

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india-leo 2 years ago

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

_{Please contribute to the community by upvoting this comment and posts made by @indiaunited.}

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