Good afternoon everyone,
As the title says, the APR for @empo.voter HP delegators has been increased up to 12% APR.
The change is already LIVE. (First round of rewards in a few hours).
Looking at the data for the last 6 months since the APR was reduced to 8%, it is clear that this APR is not attractive enough for HIVE Power delegates and has gradually fallen into disuse in favor of other alternatives in the HIVE ecosystem that pay 10-12%.
Add to that the fact that the APR for voting on autopilot is already around 6-8%, and it is clear that delegating HP to empo.voter is nowhere near the top of profitability.
So I thought I would try this little experiment and see how it goes.
As the title also says, this is a test to gauge how much interest there is in a 12% APR paid in PWR, but I can't promise to maintain it indefinitely. So I am going to give a couple of guarantees:
- This 12% APR will be held for a MINIMUM of 6 months*.
- One month's notice will be given before being reduced again**.
(6 months means from now until the second week of September '25) (Could be announced as early as August to end in September*)
These two clauses are simply there to guarantee a minimum duration and stability over time. As you should know, withdrawing a Hive Power delegation takes 5 days during which the HIVE is in limbo. These are 5 ''lost'' days of revenue and therefore must be taken into account; timing is important.
Any comment or suggestion, I'm all ears. I'm out!
- @commentrewarder set up as beneficiary (3%).
Thank you for accompanying me with Hive Power Ventures.
You're not voting for my witness yet and love what I do? Don't ask me more:
(100% of witness rewards are reinvested weekly into PWR).
Posted Using INLEO