This Workerbee report post is maybe a good place to take a look at the crypto current market conditions and write about it... We have delegated WORKERBEE tokens in the pool that are mining BEE tokens, so we already have 2 different tokens to talk about... On top of that, I'm paying a small bonus (up to 20%) to delegators, so we have a third token involved in the calculation... A small mini-crypto-market... 馃檪
In today's distribution, the bonus token will be from the Rising Star game (STARBITS), but now, I would like to take a look at another gaming token that pumped a lot in the last couple of days... You probably guessed which one is... Of course, Splinterlands SPS token!
Created in Canva.com
To be honest, I didn't pay attention too much to the price of the SPS tokens... Yes, I do have them staked, I have them in the diesel pools, but as I don't plan to sell them yet, I wasn't checking the price... But, I was checking something else, which gave me a clue that something was happening...
As I have some investments in the layer 2 tokens on HIVE, I'm using the SWAP.HIVE to HIVE converters very often... In the last 2-3 months, most of these "swap exchanges" didn't have HIVE liquidity at all... And then, I noticed that changed!
Screenshot from https://uswap.app/
The FOMO is real! People are exchanging their HIVE tokens for SWAP.HIVE to get those juicy SPS deals at Hive-Engine! Also, there are a lot of bots and many arbitrage opportunities as the SPS tokens are listed in more places... Was this expected?
The launch of the Land 1.5, the Land 2.0 whitepaper publishing, staking a lot of Splinterlands cards on land, and DEC staking requirements... You don't have to go deeper than that to realize that this was anticipated and expected... Did you have the patience to wait through the bear market to get to this point or did you FOMOed in with all the others to buy your SPS tokens now?
Will the price go up? I have no idea, but it went up over 50% in the last 2 days and that's a lot, even for crypto... I would be cautious in the short term, but still bullish about the game in the long term... NFA!
Btw, would you like to get SPS tokens as a bonus in some of the future weeks?
Back to the Workerbeee report numbers! We come back to the two-digit APR and that's great news! BEE token went up a bit, WORKERBEE remained more-less where it was, and that resulted in a higher APR... Is it the light at the end of the tunnel? :)
We didn't get any new members but we didn't lose any either! So, I suppose that's good! 馃檪 We got a small amount of WORKERBEE delegations from existing members, which is always nice to see! Thanks for your trust!
In the last 7 days, we mined 130 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?
I did that story about the SPS token on purpose and it looked like it had zero sense with the title of the post, but... Today's bonus is paid in the STARBITS tokens, which is one of the two tokens from the Rising Star game... The token had a small recovery from its bottom, but it still didn't do any crazy things like the SPS token... Because of that, it is very much "under the radar"... Is it the right moment to accumulate some?
There will be distributed 1.7 MILLION STARBITS tokens to the delegators of the pool as a bonus reward today! That's a record amount as the last time we did "only" a million!
As always, in the end, let's give the exact numbers for this week... There will be distributed 130 BEE tokens and 1.7M STARBITS tokens as a bonus... The APR (without the bonus) was 9.284%, and when we added the bonus it went up to 10.963%!
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
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