I don't think it is much useful though. after infact a person have to pay steem as an interest daily. This could be very expensive. A minnow on the first hand don't even know how to use steempower and even if he did, it doesn't make much of a difference. Rather only the delegators would be benfited by this not the lessee.
RE: Investors - Earn up to 49% APR with MinnowBooster.net Delegation Leasing Market (DLM)
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Investors - Earn up to 49% APR with MinnowBooster.net Delegation Leasing Market (DLM)
Yes but remember by having increased voting power the minnows can be more esteemed amongst their peers and gather a community around themselves quicker and start building a name for themselves in the community by using their new vote power to support others and get support and followers in return in the long term.
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I was definitely trying to figure out how renting SP would actually help my bottom line considering I am a new minnow.
I'd love to get an article from someone with experience to talk about the benefits for us newbies and small frys.
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Tell us in clear and laymen term that for example how much one give 500 SP for 4 weeks for 41% APR would generate from leasing? 20 SP FEE charged at the beginning,that means 480 SP(-20 SP). This means leaser should get more that 20 steems after 4 week to be benefited from the delegation process. however i don't that will happens unless i missed something. I asked repeatedly but no answer up to now.
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