A very volatile and turbulent week is behind us and it didn't leave things as they were before... Hive had a nice pump of over 30%, and after that, the price dropped back, but not at the "old level"... Other Hive-Engine tokens didn't follow it but rather went down indexed in HIVE, following USD price... The problem appears when HIVE goes back, as some tokens never recover previous values...
In our case, the BEE token (a token that we mine with staked WORKERBEEs) went down from 0.39 HIVE to 0.30 HIVE and bounced back around 0.36 HIVE where it is at the moment... That is still around 10% less than before the HIVE pump...
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On the other side, the WORKERBEE token price didn't fall down (yet?) as the supply is small and the price didn't react to the HIVE pump... But, if we take a look at the WORKERBEE order book, we can see huge SELL order at 2 HIVE of over 4000 tokens... This could mean that maybe we will see lower prices soon... Of course, this depends on most of that WB whale if it will sell it for a cheaper price, or wait for its sell order to be filled...
Because of all this, this week's APR doesn't look great as before, but still, we are doing fine... Over 8% with an unlucky mining week is still a nice number...
Oh, one thing more... We should have HF26 soon, so I hope that this payment will go through and the next one... we will see it next week... :)
Back to the report numbers!
This week we got one new delegator! Welcome to the WORKERBEE pool, @dazed-wanderer! During the last 7 days, our pool has grown with additional 13 WORKERBEE delegations! Thanks, guys!
This POOL doesn't have fees and you actually get up to 20% MORE by delegating to it!
What about the bonus?
This week it's time to giveaway some INDEX tokens as a bonus! When the price is low, it's a good moment to bet on the market tokens and INDEX is a perfect asset to cover that...
I will distribute 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 122 BEE tokens and 30 INDEX tokens as a bonus... The APR (without the bonus) was 6.878%, and when we added the bonus it went up to 8.390%!
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...
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
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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