What is the difference in between SP Delegation and SP Lease?
The difference between steem leasing and delegating is same as borrowing money from bank and depositing it for interest. When you lease the steem from a portal, that portal acts like a bank which generates income from services it renders to the lessor and delegator.
If you have surplus steem power which is like a fixed deposit, which you donot wish to liquidate to steem, then you delegate to a bot who pays interest to you. When you need steem power you go to leasing market and borrow it for a month two or three then you are required to pay interest.
To conclude
Delegation = Deposit
Leasing = Loan/borrowing
Thanks. One more question ... From whom to get lease and what is the interest rate?
What is the interest rate for SP Lease?