Build Long Term Vision To Figth Against FUD .:. WorkerBee PH-Pool Week 69
I was thinking about the topic for this report and after doing calculations for it, it's obvious what we have to talk about... Most people try to avoid the elephant in the room, but as soon as we confront the reality, it's better for us and our finances...
You have probably noticed that APR in this pool is going down week by week... I'm calculating it with middle prices for tokens involved... What's happening is completely normal and organic... On one side, we have WORKERBEE tokens that are very scarce and they are one of the main tokens issued by the Hive-Engine creators... That's why I like to call them "blue chips"... As everyone tries to minimize risks in the bear markets, people are buying tokens as WB and that pushes the price up...
On the other side, we have BEE tokens, that we "mine" with staked WORKERBEE tokens... Every day, there are more and more BEE tokens on the markets, which makes the opposite effect than we saw on WORKERBEEs... The main use case for BEE tokens is payment for Hive-Engine services, like token creations, bot expenses, issuing NFTs, etc... Again, the bear market has slowed down development and not many people are willing to start their project/token in this environment... When this changes, we will have more BEE token burns and probably price raise... That could happen in a month, or a year, (or never)... Nobody knows, but it should work out in a positive direction...
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Now, the reality is that it's not like that only in OUR small pool, and WORKERBEE-BEE ecosystem, but in the whole crypto sphere... We have to realize that those days of 1000X some token are far away... That will happen with some in the future, but not for the majority... From my point of view, that's good for crypto in general as those crazy APRs of over 100% are not sustainable in the long run... And to beat uncertainty, the best thing that we can do is to create a LONG TERM VISION on which we can focus... When you know that you can rely on your income source, there is no uncertainty, no stress...
This week, we didn't get any new members... Price of the WORKERBEE tokens is still climbing up, but our current delegators have acquired more tokens and delegated! I have no idea from where did they get them, but this week it was over 120 WORKERBEE tokens! 😀 Thanks for your trust!
This POOL doesn't have fees and you actually get up to 20% MORE by delegating to it!
What about the bonus?
I think that the LEO token was the first tribe token back in the old days on STEEM and it's awesome to see that it is still with us and thriving... Yes, it is down lately, but all crypto markets are in the same problems... But, it is definitely one of not that many Hive-Engine tokens that (in my opinion) will still be here in 5-10 years!
I will distribute 88 LEO tokens to the delegators of the pool as a bonus reward today!
As always, in the end, let's give the exact numbers for this week... There will be distributed 120 BEE tokens and 88 LEO tokens as a bonus... The APR (without the bonus) was 8.785%, and when we added the bonus it went up to 10.371%!
I have calculated the ROI approximately with medium prices for all tokens at the moment of creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the current prices...
Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter and we will find the best solution for both parties...
If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to DELEGATE your WORKERBEE tokens to THIS account (@ph1102) and that's it! Every week you will get the portion of mined BEE tokens and BONUS rewards!
All payments will be made after publishing this post...
If you have any questions, please leave them in the comment section!
You can find more about this pool in the initial post here
Thank you for your time,
ph
If you want to support my witness, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses, or just scan the QR code down below...
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
You can also find me on LEO Finance .:. Twitter .:. Odysee
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