I know that many of my followers who are not involved in this WORKERBEE pool just skip these "report posts" as they expect to see just a bunch of numbers from spreadsheets... Usually, when others are doing these kinds of posts it is like that, but I always like to add some additional value to the readers... Sometimes, that's not an easy task, especially when you are writing almost daily a few weeks in a row... And I said a few months ago that I would not do that to myself... How naive was I... 😃
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I wasn't too inspired to write today, but this post has to go out as delegators to the pool deserve transparency and reports about their earnings, so here we are... Luckily, I was reading a few interesting posts (and comments) here on HIVE and found two comments that made me think...
One was by @blind-spot on my yesterday's post where he said:
I agree with chasing Apr sentiment. Unfortunately it has become a trend in the general cryptospace. Quick profits are overvalued. The real profits are in the long run where value is created.
and the other one was by @seckorama, on this post:
I can agree with everything, maybe you should mention diverzification to, I mean never invest everything in one business...
While it seems that these two comments have nothing in common, they do have... Just two days ago, the crypto markets were crazy, BTC was going up, Solana went up even more than before, and even ETH moved up... but HIVE (and many H-E, layer 2 tokens) moved just a little... In those moments, doubts in Hivians were rising... Stories about powering down, quitting, and going into some new shiny tokens that "have a lot of potentials", became reality... We could hear stories about the next "Hive killer" blockchains... That's exactly what Blind-spot was saying in his comment... People are jumping to the next "big meme token" that will bring them better APR, or better speculation opportunities...
And then, we come to the comment by seckorama (nothing wrong about the comment, it just reminded me about the diversification), where people mention diversification as their "Bible", without knowing the real meaning of diversification (again, he didn't say that, it was just the word that triggered my thoughts)...
Diversification isn't your selling good, long-term tokens and buying 10 different shittokens for the future... Diversification is buying tokens with different risk ratios, creating a good balance between your long-term portfolio and your short-term (speculative) portfolio, with an accent (bigger percentage) on the long-term tokens...
I'm the first who made that mistake a few years ago, thinking how having 10 different shittokens will "keep me safe" from all the bad things that can happen... lol... Don't make the same mistake as I did... 🙂
Back to the Workerbeee report numbers! We were a bit unlucky this week as we mined 23 tokens less than last time...
We lost 1 small delegation during the last week, but we got some delegation from existing members, so we are more-less at the same place where we were a week ago... Thanks for your trust!
In the last 7 days, we mined 107 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?
Today's BONUS rewards will be paid in the INDEX tokens which are exactly what their name says, the token "backed" by the mix of selected Hive-Engine tokens... By holding them, you can receive dividends as some of the tokens from the mix are paying rewards... The token itself is one of the sub-projects of the @ctptalk guys, @jongolson and @blainjones... You can find more details at the official website https://he-index.io/...
There will be distributed 35 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 107 BEE tokens and 35 INDEX tokens as a bonus... The APR (without the bonus) was 7.722%, and when we added the bonus it went up to 9.296%!
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 https://peakd.com/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other
Thank you for your time,
~ph~
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