Loaning out steem for profit? 100% upvote for best answer
Hello everyone,
I am away for a few weeks and i won't be on Steemit for that time. I want to loan out my steem power while I am away.
I have a little bit of experience loaning my steem to smart steem where I receive around 1% per week which is cool!
Has anyone ever heard of people earning more than 1% per week?
If anyone has a way of earning more that 1% please share in the comments and I will give you a 100% upvote!
(One day I do hope to have a $100 upvote!)
I don't understand what is 1%. Please give me more detail. If you delegate 600 SP to someone, you want 6 steem per week like this. That means 1 steem for 100SP/Week. It is too high for me. I want to offer you with 4 steem for 600SP/week if you don't mind me.
I currently get nearly 6 per week. From smartsteem
I don't know how can you get 6 steem/sbd per week. If you want I can give you 4.3 steem for 670SP/week.
Sorry you are correct. I think I last looked when I had some loaned steem or maybe I calculated wrong. So yes I am getting just over 4.3 a week. So your 4.3 offer is slightly less than I am getting. I will stick with smartsteem unless I get a better offer
What about 4.5 SBD/week for 670 SP. It is higher than smartsteem.
I can offer you 4.7 STEEM/Week for 670 SP. Keep in mind that SBD and STEEM are diverging in price.
Also, don't forget about the 7 day cool down. How many weeks are you gone?
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