Good afternoon everyone,
As the title says, the APR for @empo.voter HP delegators has been increased up to 12% APR. The change is already LIVE.
(First round of rewards in a few hours).
Looking at the data for the last 6 months since the APR was reduced to 8%, it is clear that this APR is not attractive enough for HIVE Power delegates and has gradually fallen into disuse in favor of other alternatives in the HIVE ecosystem that pay 10-12%.
Add to that the fact that the APR for voting on autopilot is already around 6-8%, and it is clear that delegating HP to empo.voter is nowhere near the top of profitability.
So I thought I would try this little experiment and see how it goes.
As the title also says, this is a test to gauge how much interest there is in a 12% APR paid in PWR, but I can't promise to maintain it indefinitely. So I am going to give a couple of guarantees:
- This 12% APR will be held for a MINIMUM of 6 months*.
- One month's notice will be given before being reduced again**.
(*6 months means from now until the second week of September '25)
(**Could be announced as early as August to end in September)
These two clauses are simply there to guarantee a minimum duration and stability over time. As you should know, withdrawing a Hive Power delegation takes 5 days during which the HIVE is in limbo. These are 5 ''lost'' days of revenue and therefore must be taken into account; timing is important.
Any comment or suggestion, I'm all ears. I'm out!
Thank you for accompanying me with Hive Power Ventures.
You're not voting for my witness yet and love what I do? Don't ask me more:
(100% of witness rewards are reinvested weekly into PWR).
