It's time to talk about "low liquidity" tokens as we have a lot of them here on Hive-Engine... As the circulating supply of the WORKERBEE tokens is a bit under 303K and there is almost 239K staked, this token can also be categorized as a "low liquidity" token... If we count that another 51K tokens are in the ownership of the hive-miner account that is probably owned by Aggroed, it leaves us with only 13K liquid WORKERBEE tokens! As a result of low liquidity, we have this huge price volatility... Just a week ago, the WORKERBEE buy price was 1.5HIVE and today is almost double, at 2.6 HIVE!
As you could guess, playing with low liquidity tokens can be risky, but at the same time, it could be profitable... In my opinion, in the case of WORKERBEE, it's not that risky as the token is issued by the Hive-Engine team, which means that by HODLing it, you are "investing" in the whole sidechain... So, if that token goes south, the others will probably do even worse... But, it can be overpriced or underpriced as any other token... Just the probability that it will go to zero is smaller than for some other tokens...
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But, can you earn by staking/trading low-liquidity tokens? Of course, you can! As I'm the co-owner of Liotes which has 2 low-liquidity tokens, and also a HODLer of a couple of other low-liquidity tokens, I can say that I like to be involved with them... Yes, they are riskier, but these price margins give you a better % when you do trading with these tokens... What are the main issues with these tokens?
You can't buy/sell big quantities of tokens as there are not too many on the markets... Also, not many people are trading these tokens, which means that you can't earn big bucks in a short period... The solution? You should get into more different tokens if you want to earn some significant account...
Another important thing is that you shouldn't go too heavy into these tokens... If you are in the Top 10 of the low liquidity token, who will buy your tokens? You are/were probably the biggest buyer and if something goes wrong, you will not be able to sell your bags at all!
This leads to the next important point... If you decide to go into some low-liquidity token, you have to do a deep research of owners, developers, tokenomics, their history, etc... I mean, you should do that with any token/project, but here, in a certain way, you will have a "closer connection" with the project...
These are just some tips for this type of token... The other "rules" are the same as for any other tokens... As always, be careful and DYOR!
Back to the Workerbeee report numbers!
In the last 7 days, we didn't get new members in the pool... The price of the WORKERBEE tokens skyrocketed and people are not too happy to buy it at the new price... I can't blame anyone as I'm feeling the same... So, maybe a bit of patience, wait for the storm to pass, and then try to get some cheap tokens! :)
In the last 7 days, we mined 122 BEE tokens in total!!!
This POOL doesn't have fees and you get up to 20% MORE by delegating to it!
What about the bonus tokens?
Some people are calling the bottom for the LEO tokens, others wishing to see lower prices to get more 馃... What's for sure is that the LEO team has to create a buy wall to get tokens for paying dividends to HivePower delegators... As those delegations are huge, they need a significant amount of tokens, which leads to a nice buying pressure on the LEO tokens... But, I remember that I saw one big SELL order a few days ago and I can't remember that it was filled... So, maybe we will have those tokens back on the market and the battle between bulls and bears will continue... We will see...
There will be distributed 50 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 122 BEE tokens and 50 LEO tokens as a bonus... The APR (without the bonus) was 4.922%, and when we added the bonus it went up to 5.692%! As of the already mentioned WORKERBEE price hike, the APR doesn't look too good, but this is calculated if you buy tokens by the current price... Many of you did it for a much lower price and your APR is much better...
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 middle HiveEngine price...
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 STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (
@ph1102)! 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 @ph1102/workerbee-p-h-ool-let-s-help-each-other
Thank you for your time,
ph
If you want to support my Hive-Engine witness node, you can do it by voting for 
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