scrobble.life
#steem

26% APR returns now available on Steem!

@thecryptodrive@thecryptodrive (70)2601d

Pixabay Image

There has been some hype recently about Tezos being the most profitable staking coin at around 7.3% per annum, but is it really?

At a blockchain level technically yes, in comparison Steem gives around 1.8% per annum currently as inflation interest on staked STEEM POWER, but in addition to this, Steem stakeholders have the opportunity to participate in a 2nd layer P2P delegation leasing marketplace, dlease.io which currently has orders pending offering up to 26.2% APR!

The average market APR is 20.91% and the market depth/availability is 104K STEEM POWER today.

I grabbed a few of these leases today and maxed out my delegations, by filling these leases you effectively get 26% + ~1.8% native interest making the returns a whopping ~27.8%, better than Tezos? I think so, but you decide!

Disclaimer: This does not constitute as financial advice, seek advice from a finance professional before investing to ensure this is right for you and your circumstance. If you have idle Steem Power doing nothing, why not?

If you like what I do, vote for @thecryptodrive witness with this vote link: https://steemit.com/~witnesses

Or use the quick SteemConnect link: https://app.steemconnect.com/sign/account-witness-vote?witness=thecryptodrive&approve=1

Comments · 22

  • @improv(73)· 2599d

    Well, they appear to all be gone. I see the top lease at 19.5

    Posted using Partiko Android

  • @arcange(79)· 2600d

    Congratulations @thecryptodrive! Your post was mentioned in the Steem Hit Parade in the following category:

    • Pending payout - Ranked 2 with $ 101,38
  • @digital-wisdom(62)· 2600d

    It looks awesome! EXCEPT . . . . I tried to delegate but it's telling me that I have FAR less SP than I actually have. Is it possibly because I'm powering down? Thanks!

  • @daan(69)· 2600d

    Yeah, I've noticed that. That's why I couldn't get a lease myself, despite offering close to 21% APR :D

  • @libert(63)· 2600d

    All from good.game?

  • @oadissin(77)· 2600d

    Great opportunity to power up our steem. Thank you for sharing.

    Posted using Partiko Android

  • @brianturner(68)· 2601d

    Wow, this is great, I'm wanting to use it but I'm having an issue with logging in. I try touse the steemconnect option but it gets stuck and says "open desktop app" and "sign" and neither of them move me forward. Tried two browsers...hmmm....I'm gonna try to figure it out

  • @ikrahch(73)· 2601d

    NICE! But its sad that I don't have free SP to delegate. Few hours ago, I delegated to leo.voter to earn leo.

  • @adenijiadeshina(66)· 2601d

    Oh, 26%apr is really high I must say. I can just put 22% Apr

  • @chekohler(76)· 2601d

    26% is a pretty impressive return, I'll need to start upping my stakes at these low prices and try to fill up some orders

  • @lookplz(63)· 2601d

    That’s an incredible return! Although it seems I do not have enough power to delegate to most. Hopefully that won’t be an issue soon. I was wondering if there were any passive ways I could boost my income and I suppose this is a good one! I can also choose who I’m delegating to, by checking the marketplace, to ensure I’m supporting those who’s decisions I trust with said power.

    Thank you for sharing! I will be checking this out very soon! :)

    Posted using Partiko iOS

  • @lokiyngling(69)· 2601d

    That's Amazing!

  • @promobot(61)· 2601d

    @steemium purchased a 29.04% vote from @promobot on this post.

    *If you disagree with the reward or content of this post you can purchase a reversal of this vote by using our curation interface http://promovotes.com

  • @chireerocks(75)· 2601d

    @thecryptodrive, I've travelled a long journey with Steem but genuinely missed this platform and Opportunity. Now definitely will look into it. Thank you so much for letting us know in a descriptive way. Stay blessed.

    Posted using Partiko Android

  • @purefood(63)· 2601d

    You can't find those returns in many places! Great graphics by the way!

    -pf

  • @newageinv(74)· 2601d

    Wow! Luckily, I bought some more Steem today so need to consider powering up and leasing some!

    Posted using Partiko iOS

  • @steemitboard(66)· 2601d

    Congratulations @thecryptodrive! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

    You received more than 15000 upvotes. Your next target is to reach 20000 upvotes.

    You can view your badges on your Steem Board and compare to others on the Steem Ranking If you no longer want to receive notifications, reply to this comment with the word STOP

    Vote for @Steemitboard as a witness to get one more award and increased upvotes!
  • @jaydih(72)· 2601d

    It's been a long time to see this good APR. This time, I will take this one.

  • @chesatochi(73)· 2601d

    It is good but I prefer to keep my Steem Power instead to delegate it. ;) At least 26% is a good return on investment.

  • @crypticat(74)· 2601d

    I noticed that, it is quite lucrative at the moment. Probably due to all these new tokens popping up wishing to create sinks and value cases. Doesn't bode well for the future, unless you're the one getting that sweet 26% return.

    Posted using Partiko Android

  • @swiftcash(64)· 2601d

    You received a 10.00% complementary upvote from @swiftcash 🤑 To stop similar upvotes from @swiftcash, reply STOP.

  • @steemium(62)· 2601d

    57.27$ has been spent to promote this content using Steemium.
    Learn more here!