Hey All,
As of writing this article, I have close to 4K+ $WORKERBEE staked on hive-engine. Lets first understand a bit about this miner and at the same time the governance token WORKERBEE. Once you stake this miner token it mines the $BEE token which is a native token for the Hive-engine platform. Currently, the circulating supply of the WORKER BEE is close to 302K+, and 1 token costs around 2+ $HIVE. This is the price at which we have the Sell orders for WORKERBEE in the internal market i.e. Hive-engine.
To be honest here, I had bought these WORKERBEE tokens long time back. It would have been, I guess almost 3 Years now roughly. I bought these WORKER BEE Miners at a price of less than 1 HIVE and ever since all these miners have been staked. The BEE token that I get daily as mining rewards, I normally swap it for $HIVE or some other tokens like $LEO, $SIM and the once matches with my plan to accumulate them. Right now the focus is on accumulating $SIM for $BEE.
My 4K+ WORKERBEE Staked & Plans Ahead...
If we do quick math; my investment is about 4K HIVE Approx. And at the current price if you buy 4K WORKERBEE it will cost you around 8K+ HIVE approx. So I am already sitting at a profit of 4K+ HIVE here itself. Also at the same time, I get close to 3 or 4 $BEE tokens daily. 1 BEE token trades roughly for 0.4+ HIVE, so this is like 2 HIVE daily from 4K HIVE investment; which further grows exponentially. Ok, so what is my plan for WORKERBEE ahead. I have already got my ROI and am making close to 1.5x here. At the time I had bought WORKERBEE the price of $HIVE was also low. The plan ahead is I would like to book some profits here and reinvest in buying $SPS. I am planning to taking out $1K+ here by unstaking WORKERBEE and then buy all $SPS from it and increase my $SPS stake. The rest WORKERBEE, I am going to HODL and will continue to mine $BEE and swap it for $HIVE for now.
Have Your Say...on WORKERBEE & what is your strategy for it?
Do you have any WORKERBEE miner tokens? Have you staked your WORKERBEE tokens to mine $BEE? What's' your strategy looking like? Let me know in the comment section below...
Hive-engine Governance token WORKERBEE - 4K+ Staked & My Plans Ahead...
#workerbee #bee #hiveengine #miner #minertokens #tokens
Image Courtesy:: hive-enigne,
Best Regards
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