Carrot and Stick .:. WorkerBee PH-Pool Week 183

ph1102 in #hive-167922 • last month

Before writing this post, I was searching for a suitable topic to write about... As there is no better topic than those that I have on my mind for the last month or so, I decided to write about the Donkey and the carrot... Interestingly, it wasn't just me that got this analogy lately, but 2-3 of my friends used almost the same metaphor for their current situation! 😱

Anyway, I got the idea for the post, and I got the topic to write about... But, during the brainstorming process, I change the topic, but sticking to the same idea... Sounds weird, but let me explain how it went and connect the dots...

Created in Canva.com

A few months ago I received the "great news" that my rent will go up significantly 🙄, and when I say it, I mean over 20% of the current price... To be honest, that didn't surprise me as I knew that tourists in my area are paying much, much more... But, there is a big difference... They are TOURISTS and they pay that price for 2-3 weeks of vacation and go back to their homes... I'm LIVING here and I have to pay the price 365 days per year... Maybe you saw on your TV that there were some protests in Spain regarding this issue, so the struggle is real!

Having that in mind, and the fact that my son is starting University next month, we need a permanent solution to this problem... Believe it or not, the solution is to try to buy a home! Currently, if you manage to get a mortgage (or a loan), your monthly payment is LOWER than if you are paying your rent, so there is no sense in renting anymore! But, how to get the loan?

Now, we are coming back to the donkey and the carrot story, which probably everyone heard, but you can check it out here... The problem with finances in the last 2-3 decades (and more), is that most of the time we have an illusion that we are earning more, that we are progressing in the right direction... I had the idea of buying my first home for over a decade, but whenever I would put numbers on paper, I would need just a bit more money to get the mortgage... Every few years, I would sit down, do the math, and measure the distance of that carrot... It would always be at the same distance, or even further down the stick than before!!

Let's go back to that small graphic inside the image above... We have a carrot, a donkey, and a man holding the stick on the back of the donkey... So, which one am I on that image? Of course, a donkey! To be honest, this image, changed the topic of this post, from an ordinary talk about real-estate issues with getting a mortgage of ever-growing prices of homes, into something different...

The game is rigged! If you don't understand that, you should seriously think about it and make changes according to that fact... To embrace the "game", to understand how it works, and to "unrig" it! The guy on the back of that donkey is governments, corporations, banks, all those entities that are creating the rules of the game... You and I are doing the work, trying to get food on the table every day, but every next day it is harder and harder to do so... Food is getting more expensive, packaging is getting smaller, and our tummies are getting less of QUALITY food (speaking of that, it's another huge topic... junk food is cheaper, while "ordinary food" is more expensive)... Yes, your salary may be getting bigger, but very rarely it is higher than the inflation numbers... Your carrot is not closer to you... NEVER...

What is the solution to this huge problem? Being over 7 years in crypto, I got one question asked many times... Why are you in crypto? And almost from the very beginning of my crypto journey, I had the same answer...

To make a difference!!

It's not only making a difference in earning more money, but also embracing new tech, being a pioneer in the industry, and learning new, revolutionary things... In the end, after all these years, maybe it's time to educate others about the importance of crypto, about its crucial part in WINNING the rigged game! It can be the missing puzzle of not just surviving, but also leading the way, showing that it is possible to do things differently... Creating NEW RULES, creating NEW GAME, more fair, not rigged...

In my opinion, we can win by embracing Web3, crypto, empowering ourselves, and taking responsibility for ourselves, but also showing others the real values of crypto and this beautiful tech that we have... Which CAN make a difference... Which can help us to get that carrot, and maybe even the cake...

Back to the pool numbers! It looks like our "unlucky streak" is still on, but some other factors are influencing the APR... IMO, the WORKERBEE token is still overvalued at the moment, and it should be lower... But, I'm not deciding that, but the market so it is what it is... The APR looks poor, but you have to remember that most of you bought your tokens at a much lower price than it is atm...

Regarding the pool, we got a new delegator to the pool! Welcome, @keithtaylor!

This week we mined 90 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?

It is a turn on the LEO token to be distributed this week... I think that everyone knows what it is, so I will not waste your, and my time in explaining... One of the oldest "tribe tokens" on HIVE and one of the biggest communities on HIVE is standing behind it... The price of the token is down from its ATH, but it can be an opportunity to accumulate more... If you think that it's a bad sign, well, you can sell them easily on the market... The choice is yours!

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... 90 BEE tokens and 50 LEO tokens will be distributed as a bonus... The APR (without the bonus) was 5.025%, and when we added the bonus it went up to 6.153%!

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 your portion of mined BEE tokens and BONUS rewards!