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RE: Delegation Offering : 50,000 of STEEM POWER for lease at highly competitive prices.

in #delegation8 years ago

You are correct. 10k SP for $200 USD worth of STEEM (about 175 STEEM at today's price). With the volatility of SBD at the moment, I have switched to this pricing structure. As the price of STEEM moves up I will update my pricing on a monthly basis.

Yeah, my price is low to allow Content Creators the ability to promote their post and also have a bit of extra STEEM leftover. Hopefully the promotion of their blog and capital appreciation of the remainder STEEM will dwarf the moderate profit on this delegation.

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Thanks for clarifying.
It's certainly interesting to see this space develop.
I'll be interested to see how you go with it.
Good luck :)

Thanks. STEEM is a frontier market. Plenty of space for all.

Absolutely.
There's enough demand for all, and happily, enough sources of supply that customers won't worry about collusion.
I know of yourself, myself, blocktrades, MSP and berniesanders.
I'm sure there are a few more I'm not aware of too.
We all have finite steempower to lend, as well as different pricing and timing structures.
It's interesting to note a lack of arbitrage possibilities since VP can only be delegated directly by it's owner.
I was the cheapest when I put my hand up, but the price has certainly come down recently.
My focus is on simplicity (calendar months instead of 28 days), and certainty.
(A customer with 1200 steem saved up knows he can be sure of 10K x 6 months)
Ultimately a vibrant delegation market is great for steem, which is great for everyone :)

I'm sry im somewhat new to delegation. Are you saying you get it for 28 days? 1000 SP for 28 days? $20?
Thx

Yes for 20 USD (approx 19.4 STEEM) you can lease 1,000 STEEM Power for 28 days. Maximum amount is 10,000 STEEM Power for 194 STEEM at today's price. Thanks for the interest.

Are there terms of use I could read? I have no issue with the cost at all

None really. I just don't like spammers. I'm ok with Content Creators using the delegated STEEM to promote their posts and comments, and also to reward their loyal followers.