I can't believe that I was writing about the "fake BTC pump" in last week's report, and this week I can write about the "real pump"... I mean, nobody knows if the price will continue to go up, but at least this time, it is not just one green candle led by the fake news... And again, it's Monday, and Bitcoin is currently fighting with that crucial $31K level! If we go over that, the (near) future is bright, if not, well, we will have to wait a bit more to go further up... What I like to say, it is not a matter of IF, but WHEN...
If look at HIVE, it is acting very similarly to other altcoins... It went up a bit, but recently, Bitcoin has taken all the spotlight, which is something that happens always when we are getting out from long bear markets... So, HIVE also went over its 30, but in our case, 30 cents, which is nice to see...
Created in Canva.com
Regarding our WORKERBEE token that we use in this pool for mining BEE tokens, it did the opposite to other tokens... As I was saying in previous reports, it was overvalued and lately, the price is going down, where its real value is (again, in my opinion)... That's not that bad at all, as it is more affordable for people who would like to use it for mining the BEE tokens, and also, it makes the mining APR more attractive...
Don't forget that there is not enough liquidity for the WORKERBEE tokens on the market and that's one of the main reasons for its high volatility...
Back to the Workerbeee report numbers!
After a couple of weeks, we have finally got a new member in the pool! A warm welcome to @mistbutspicy! Welcome to the WorkerBee PH-Pool! As usual, we got some new delegations from existing members too! Thanks for your trust!
In the last 7 days, we mined 139 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?
This week, I will give away some INDEX tokens as a bonus! The INDEX token is a mix of different Hive-Engine tokens that should go up if the value of those tokens goes up, and vice versa (if they go down, INDEX goes down too)... As Hive-Engine tokens didn't react to this Bitcoin move (yet), it is uncertain what will happen in the future... So, if you want to speculate, you can do it with the INDEX token... If not, you can sell it on the market... There is low liquidity, so be careful if you want to sell a bigger chunk of tokens...
There will be distributed 30 INDEX 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 139 BEE tokens and 30 INDEX tokens as a bonus... The APR (without the bonus) was 5.652%, and when we added the bonus it went up to 6.776%!
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 @ph1102.ctp here https://tribaldex.com/witnesses... THANKS!
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 .:. LBRY