Hive-engine Governance token WORKERBEE - 4K+ Staked & My Plans Ahead...
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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I only knew Bee. I was not aware of the Workerbee token. Its price seems stable and mining the Bee token is great.
I didn't know that we can also earn staking rewards with workerbee token in hive engine. I will check about it
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Aha that is great, you can earn a passive income from that if you delegate your worker bees to @neoxianminer. You can earn passive income from that.(you can Thank me later 😬)
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I dont hold any Workbee since Im focus more on growing my HP but I were you probably wouldn't sell any until next bull market, there is a moment where everything goes up exponentially and you are already 2x up so going up another 2x at least might be easy, the problem could be liquidity if there are buyers, after I get to 10k HP my next goal would be to get some HBD into savings I think its similar monthly % between Workbee and HBD savings, liquidity might the the difference, Ill take a look at Workbee ✌️