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RE: How to apply for Peer-2-Peer leases in the DLease application

in Project HOPE • 3 years ago (edited)

Hi thanks for sharing an important step by step tips on how to lease steem, i've got a few question.

Do i need extra liquid steem to pay for my leased steem, from the above screenshot a total of 81.6 steem is to be paid.

I guess the payment need to be completed by the leasee before they can get approved for the above 1000 steem.

Secondly approximately 30% APR is offered for leasing are you over the long term paying an interest rate of 30% APR?

Thanks for sharing.

3 years ago in Project HOPE by
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     3 years ago 

    Hi @mccoy02

    The 81.6 Steem must be paid at the time of requesting the delegation, which is the amount that corresponds to 30% of the APR for a term of 12 weeks (equivalent to 3 months), this is the disadvantage of the service offered by DLease in Steem APRs are very high compared to the service in HIVE which is much more attractive between 10 and 15% APR.

    Best regards, be well.

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       3 years ago 

      Thanks for the enlightened much appreciation best regards.

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