And 90,000 HIVEs were immediately delegated to leo.voter.
Through leo.voter, approximately 16% of the Annual Percentage Rate (APR) is distributed daily in LEO, which is valued at around $13-14. In exchange for the delegation, this generates a fixed rental income of approximately USD 390 per month.
The calculation is as follows:
- 90000 * 0.16 = 14,400 HIVE per year
- 14,400 / 12 = 1,200 HIVE per month
Considering the current value of HIVE, the expected monthly distribution is approximately USD 390. While it may not bring instant wealth, it provides a consistent and stable income. You should consider joining the FIRE and this allows you to pursue your true passions while no longer being dependent solely on earning a living.
I hope to reach a point where I can fulfill my dreams and aspirations while maintaining financial stability.
Also, if anyone knows a way to build a better passive income channel, pls share your wisdom.
You delegated 90,000 leo to leo voter and you will get 90,000 back in a year?
Oh my... you delegated your Hive to them. I see. They give back the rewards plus leo. That seems to be a little more than 20% APR
HI @minepoly,
Yes, I assume there is apporx. 20% in total yield (anticipated) per year. (16% of leo distribution+ 2~3% of hive delegation interest).
Let's make it bigger! lol
Leo may be worth something still. Good score.