Back to Basics
It’s no secret (I think) that I have mostly used delegation payout services in the past. There are a couple of reasons for that. First, it is much easier and less time intensive to manage my stake. Delegating to a service essentially means that one has a continual stream of revenue without having to „work“ for it. I have generally delegated to accounts that have paid a high APR. Yep, I won’t deny it, I have tried to maximize the return. But I have seen that this is essentially always unsustainable as the one receiving the delegation pays out native tokens that will be sold on the market for Hive. This ensures that there is a lot of selling pressure for the token, which often means that the token doesn’t survive for a very long time.
Another bigger problem that arises with this tactic is that one transfers one’s stake to other people or groups that use that stake for distributing Hive’s reward pool in their interests. That’s a big problem when the design of Hive’s rewad pool is meant to act in a „proof of brain“ type manner. Of course it has been pointed out that the idea of „PoB“ doesn’t really work very well in practice. But that’s another story. From what I have seen in recent years is that it has at least improved and shouldn’t be completely discarded.
Leo Problems
The catalyst for this change is mainly due to the problems I have had with @leo.voter. Payouts have been extremely inconsistent and only in the last month I didn’t receive 9 out of 30 payouts...(as can be verified here) That essentially reduces the APR to what one gets from manual curation (which is better anyway).
I like what @leo.finance is doing overall as they have played a big part in bringing awareness to Hive and onboarding users. But I have to point out that using their delegation service is very buggy (or I am just unlucky). Every time I delegated to them I have had problems. If you are a delegator it might be worth reviewing.
Auto Votes and Manual Curation
I currently have a list of over 100 Hive users that I auto vote on. I regularly have to update that list or add new users since people stop posting at some time. If you write good posts (I know it’s subjective), let me know, so I can add you to it!
In addition to that, I will also manually curate posts... and Snaps! I have been a bit addicted to @peakD’s new feature and have been using it quite a bit. It motivated me to power up 650 Hive last week just so I could better engage with users. Althouh we have great microblogging platforms such as @inleo and @dbuzz I am mostly a peakD user. It’s great to have a way to be able to share information without having to write a whole blog post and being able to use it directly on site makes it all the more fun and engaging!
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