Some of you will know that recently I decided to use 5-10% of all my post rewards as tips for votes - or VIPS as I prefer to call them. This is my solution to the problem of low stake vote power.
As is common knowledge when you are new to the community and start out on the Hive journey it can be a daunting and challenging place, with very little post rewards from curators, and that's when you are posting high quality and engaging content. This means that building stake can be difficult resulting in very little vote value to give out to others.
Therefore, my approach to this problem has been to delegate most of my stake, of which nearly 70% I have bought from the open market and powered up. As a result of these delegations I receive vote support and token drips which I exchange for Hive, and this has allowed me to build my stake more quickly. But it leaves me without vote power to reward peoples' posts and comments, hence the introduction of VIPS - my new tips approach to voting.
So yet again in the spirit of blockchain technology and transparency during the past week I have given out a total of 3 Hive, which is down on the previous week so will make sure I get vipping more! Obviously I am very conscious of the fact that 3 Hive is not much, but given my current HP status 3 Hive is not far off what I would have been able to give out in votes.
I must admit I do enjoy rewarding other Hivians with these more meaningful tips as votes, instead of using my stake which would only give out around a $0.06 vote. It's great to now have the ability to return the favour and give back to others who have kindly given me their support since arriving in the Hive community, as well as discovering new and rewarding decent content.
Enjoy the VIPS guys, more on the way!
Peace!