Leasing SP for Profit
I've recently come across a new strategy for building wealth on Steemit that I intend to try out soon. The premise of the idea is that you lease SP from a different owner in exchange for a certain amount of Steem per week. Once the transaction is completed you use the extra SP to upvote and comment on different posts in the community in order to increase your curation rewards. As long as the curation rewards you receive while you have the SP leased, you make a profit and increase the status of your Steemit account.
In order to lease the steem I will likely go to @minnowbooster and put in a request on the market place they have. While I'm not sure how much SP I should request for 1 steem I will likely try for about 100 SP a week and see how that goes. Hopefully I'll be trying this out in the coming weeks so I will be sure to update how this venture is going in the future.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Sully from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.