Leasing Hive Power for SGS via DLease

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·@buggedout·
0.000 HBD
Leasing Hive Power for SGS via DLease
It’s been a very long time since I’ve used [DLease](https://hive.dlease.io/market).  There was a time when we leased nearly all of the Hive Power for our **Community Curation Project** through DLease and before that it was [MinnowBooster](https://www.minnowbooster.net/market) back in the old STEEM Days.  I have just been checking that old site and it looks like it hasn’t been active in 4 years….how time flies...

<center>![](https://images.ecency.com/DQmbLNaxLecw7Eq1jnxiDQ1sFyMVjBaXZZDRZQP6mGB1x3M/dlease.png)</center>

It’s actually been a very long time since we went out onto the open market looking for leases and I forgot how sucky that process can actually be.  However, we’ve just had a very successful fundraiser and our members have leased us some extra power so last week I threw it out to non-members who want to [Earn 13.5% APR Leasing Hive Power to SGS!](https://hive.blog/hive-167922/@buggedout/earn-13-5-apr-leasing) We did get a few nibbles from interested non-members and are now up to **285K Hive Power** – which is great, but still short of the target I think we can afford at 350K.  So all options are on the table and I think it's time to give DLease another try.

On the plus side, DLease is good for a **Trustless Lease** arrangement with a totally unknown party since DLease handles all the management and holds the funds in escrow so there is no real risk to either party.  For this little benefit though they take a cut of course.  That’s about 10% which is hefty but not too obscene.  I’ve put a bid up for 5000 Hive Power with a duration of 13 weeks, costing us the same 12.98 HIVE per week as our off market leases would.  After **Fees** and **Cooldown Calculations** are taken out this results in that lease being advertised with a **Realized APR of 11.55%**.  That puts our lease request at the top of the list and I think it still looks very attractive.

The overall **Strategy** here is to get someone prepared to lease us Hive Power at that 11.55% rate and then see if they will be willing to continue longer term for the full 13.5% we are actually paying.  I personally prefer off-market handshake deals because we can save funds by avoiding middle-man commissions and won't have to pay 13 weeks in advance.  This strategy has worked on occasion in the past (a long time ago), but past performance is no guarantee of future results.  We will have to see how it goes, but in the meantime if anyone has any leads on HIVE HODLers who might be willing to lease us some extra power at 13.5% APR, please encourage them to get in touch!

**EDIT - That did not take long.  Our advertised lease has been already snapped up.**
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