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RE: LeoThread 2023-11-23 08:00

in LeoFinance11 months ago (edited)

If I delegate a bunch of LEO to somebody - does it harms me?

Or does it benefits me?

What do ya think?

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I think it depends on your thinking on the net. Speaking specifically of you, my view is that you are a builder within Hive and INLEO and have an absurdly large amount of tokens.

In that case, delegating an amount that doesn't affect your income too much helps to distribute and build Hive and INLEO and the "damage" you cause by reducing your income is too small compared to the help you give the network to grow.

If you were to delegate, for example, all your tokens without earning any income, this would probably harm you much more than it would help the network. Decreasing your income by 1% can increase a small holder's income by 200% and encourage them to be more active and invite more people!

The latter. Hope people appreciate what you're doing.

It does not benefit you directly, unless the other person sends you a portion of their earned curation rewards!
When i had received the bad luck prize for you, even thought I was not requested to - I sent you liquid $leo at the end of the delegation. I think it is the fair thing to do. Nonetheless, delegating smaller accounts benefits the accounts > platform > all of us :)
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it benefits you, because when you delegate 200k Leo to me I upvote more lions and then people check my account and see its actually you so they create shrines and develop a religion called OneAlfa and the God takes form of a lion 🦁

If they curate it benefits platform, which benefits price, which benefits you.

If you delegate LEO or Hive Power or any token for that matter. If the person does not curate, does not use his super powers. It's not helping the platform and in turn does not help the price.

So it's upto the user who gets the delegation to do things that benefits the platform.

I really need to learn more about the $LEO tokenomics. I have some delegated to leo curator but I need to see if I should pull that back now that I am more active myself.

It benefits you and the receiver too.