I undelegated my HP 5 days ago because I planned to reallocate it to a different delegation. This morning, when I woke up, my HP was available for delegation again, so I delegated it to @lolzbot.

I have only a small amount of HP, but instead of letting it go to waste and not maximizing its use, why not delegate it so it can be beneficial?

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I also noticed that it functions as a curation token, meaning if you upvote posts with the #lolz tag, you will earn curation rewards, which is good for me. So the larger your stake of LOLZ tokens, the more curation rewards you can earn. (correct me if I'm wrong)

One more thing I like is to accumulate a lot of LOLZ tokens because I use them as tipping tokens. Right now, I have 2 calls. I bought LOLZ tokens before to use the !LOLZ call, which I use to tip interesting posts that I come across in my news feed and like. Ineed at least 1024 to make 10 calls a day.

Image Source: https://hivegadgets.com/

Instead of buying tokens, I thought of earning them by delegating Hive power until I accumulate enough LOLZ tokens to make 10 calls per day.

These are the benefits I see from delegating power to lolzbot

• The first benefit is that I save money because I don't have to buy LOLZ tokens.

• I can accumulate LOLZ tokens enough to make 10 LOLZ calls per day.

• My staked LOLZ tokens will increase, which I can use to curate posts with the LOLZ tag.

• Eventually, I will reach a point where I will have a good amount of LOLZ tokens coming in, and I can sell some of them.

• Since I am also a #lolz user, even though my HP is small, it can still contribute because I also benefit from the times when I get upvoted by the lolz curator.

I don't know if there are other tokens on Hive that function like this. If there are, please share them in the comment section so I can study them.

You can delegate not only LOLZ tokens to lolz, but if you follow @lolzbot, you will see in one of their posts which tokens you can delegate to them and to which user account you can delegate them.

Disclaimer: I am not a crypto expert. The Hive Blockchain is still confusing for me sometimes, and what I have written here is based solely on my observations and experiences. Please correct me in the comment section if I have misunderstood something that I thought was correct.

Image Sources: Almost all of the images are screenshots of my transactions with lolz token that I found on hive-engine, while some have image sources listed below them. If the source is not stated, then I made that image.

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