The title could be true if we observe the Bitcoin price chart from a medical perspective... ๐ It's almost more stable than stocks or even some FOREX pairs... We all know what that usually means... The huge, volatile movement soon... When? I don't think that we will have to wait too long to see in which direction it will go...
As we don't have a crystal ball, we will try to use this period for accumulating quality tokens instead of panicking and doing irrational things... ๐
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When I bought my first WORKERBEE tokens (two years ago?!), the price was around 1.5 HIVE and just a few people knew about it... Nobody was paying attention to it as there were a lot more other tokens that were given much better APR for mining... The price went up, it went down... I bought a bunch at 1 HIVE per token...
In the first round of this pool, the APR with the bonus was almost 27%, in the second week it was almost 30%, in the third week over 30%, etc... Today, it's much less than that, and I'm always thinking that it should be more... But, that's how it works... When more people are staking, the APR goes down... But... We shouldn't forget that besides having mined BEE tokens, we still have staked WORKERBEE tokens... and the value of the WORKERBEE token went up... So, even if we have a "low APR", we didn't lose additional value which happened with many, many other tokens...
Back to the report numbers!
This week we lost one member from the pool as the price for WORKERBEE tokens went a bit up and it is tempting for many people to sell it... Is it a wise decision to do so in the bear market or not, time will tell... I don't blame anyone and everyone can do whatever it wants with their money...
As usual, some of you guys delegated additional tokens and it balanced out the undelegated amount! Thanks for doing that! This week we have mined 128 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?
There was some good news coming from the LeoFinance tribe about new U/I and new developments... Also, the LEOPUD had great success and all that contributed to the stabilization of the token price! I'm accumulating LEO tokens and I have a specific goal for this year for this token... Also, will continue to do that next year as all this effort from developers and the community will bring fruits when we go out from this bear market...
I will distribute 70 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 128 BEE tokens and 70 LEO tokens as a bonus... The APR (without the bonus) was 5.746%, and when we added the bonus it went up to 7.004%!
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 current prices... Most of you got them for a cheaper price, so probably have a much better ROI...
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~
If you want to support my witness, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses, or just scan the QR code down below...
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 .:. Odysee
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