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RE: Payments sent! @bellyrubbank Earn 45% APR 50 SBD/STEEM

in #bellyrubbank7 years ago (edited)

You need to understand what 'delegation' means. It means YOU control your investment, and only you can cancel the delegation to return to your wallet without anyone stopping you from doing so. It takes 7 days to get your money back and that is a Steemit rule (for now). 1500 SP Min otherwise take the Transfer Steem/SBD route. But this way, you always own what you loan.

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i don't want to delegate cause it pays me just 1 steem every 250 sp.
i would like to invest sbd, not delegation power!
I have respect for anyone, just asking questions.

Well then, Zeartul has just changed the rules within days of talking to him on Discord.

I am getting 45% delegating SP. Now it's half?

where can i read what you said? if i delegate power to them , i earn the same 45% ??
If yes, i would join it too..

I just asked Z, (I said 1000+ SP) let's see what he says, but next time it's the new rules for us both. So that means for you and me we have too send liquid steem/sbd which we may or may not want to do.

Let me know what he answers! thx

“45% is only for sbd/steem. The Price per delegation is 1 STEEM for every 250 SP.”

That price is less than delegating to MinnowBooster. So to clear things up, for security, safety and peace of mind you might as well delegate to helping others through the MinnowBooster Market

Otherwise if we want to gain 45% through the bank of bellywelly, sending Steem would be best as it rises in value unlike Steem Dollars.

There was nothing said about 45% for delegated SP... I really don't understand where that came from.
But For depositing SBD/STEEM it is 45% APR and 1 STEEM per 250 SP.

What is the security for this high return?