All About Delegation (And Where to Invest!)

brandonfrye (64)in #steemit • 7 years ago (edited)

Steemit Delegation 101

Today we dive deep into the world of delegation. What does it mean? How does it work? And why should you delegate your hard-earned Steem Power to other users? We'll cover all of these questions and more in today's video.

Links Mentioned in Today's Video:

If you're interested in more videos, tutorials, and how-tos, I encourage you to follow my channel and leave me replies of things you would like to learn about. If I don't know the answer, we'll learn together! :)

Want to Earn Passively on Steemit!?

Introducing the @brandonfrye upvote bot where users can bid for promotion on their posts! And those who delegate their SP to the bot are earning a whopping 80% from all of the bids. Talk about a completely passive investment! If you'd like to learn more, please see this post.

Daily Comment Reward

Upvote this post
Leave a unique comment (not just a "great video!" or "follow me")
And you could win $20 USD worth of SBD!

That's it! It's also a great idea to go ahead and follow my channel so that you don't miss any upcoming posts. You can do that here: https://steemit.com/@brandonfrye

#steem #blockchain #delegation #cryptocurrency

7 years ago in #steemit by brandonfrye (64)

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thetruth36 (64) 7 years ago

@brandonfyre Great article!

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3 votes

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brandonfrye (64) 7 years ago

Thanks @thetruth36! Glad to see you here too :)

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doctalk (55) 7 years ago

Watched your video and i am waiting for some numbers in the next video . Good explanation . Please try to make a calc sheet , so that we understand much more .Appreciate your effort.

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1 vote

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brandonfrye (64) 7 years ago

Will do.. it's actually already in the works. Just want to get a little more data first. But it's looking like about 35% APR or higher which is similar (or more) than other upvote bots.. and higher than typical MinnowBooster delegation leases. 😀

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mslifesteem (53) 7 years ago

Welcome back Brandon after 6 days.

I think delegation is one of the best ways to earn some passive income on the Steemit network. Aside from this, Leasing SP is another beneficial way to become more influential on the Steem blockchain.

@smartsteem and @minnowbooster provide great services to the users and one of the services is delegation. I like the service of @smartsteem because they provide a tool to calculate revenue means How much a delegator will earn with the certain amount of delegation and I think that's great!

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1 vote

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ground2feet (61) 7 years ago

Yeah, they are a great service and I recommend people check them out! Real classy people over there at @smartsteem!

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1 vote

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therealwolf (75) 7 years ago

Thanks for the feedback about smartsteem, @mslifesteem!

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mslifesteem (53) 7 years ago

You're welcome @therealwolf. Your services deserve appreciation and I appreciate you for providing such amazing services to all the Steemians.

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sunrisela (44) 7 years ago

Just Delegated 66SP to you...

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1 vote

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tony19r (45) 7 years ago

Hi Brandon, yours was the first videos I saw on YouTube about the website and you were the first person I followed. Thanks for your advice and hope to hear more from you soon.

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brandonfrye (64) 7 years ago

Excellent @tony19r, I'm glad to hear that!! Appreciate the support :)

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quasekiwi (43) 7 years ago

Thanks for all the information and help you are providing to this community. I've learnt a lot from you since I started on Steemit at the beginning of the month. I really appreciate it. Cheers.

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1 vote

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brandonfrye (64) 7 years ago

Thanks for your kind words, @quasekiwi, I appreciate the support! :)

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banditqueen (52) 7 years ago

thank you for your great work. looking forward to earn more on steem

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brandonfrye (64) 7 years ago

You're very welcome. I'm glad to help get you there!!

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evernoticethat (64) 7 years ago

I don't know man. I've never tried delegating. Kinda gives me that feeling you get right before that roller coaster's about to go over the edge... But I'm sure it's one helluva ride! :)

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