I'm a slow learner... One of the last abbreviations I learned last year was NGU, or Number Go Up, which I discovered thanks to @mypathtofire. 😃 To be honest, I'm not a big fan of abbreviations in general, but you have to know them if you want to communicate with youngsters... 😃 I'm a bit old-school and like more sayings, anecdotes, and short stories with a message...
Created on Canva.com, using my photo as a background
Anyway... I'm currently on vacation, but still working as you can see... Addicted to HIVE and addicted to meetups... Anywhere I go, I search for Hivians who are open for a meetup... As I did last year, when I visited family in Serbia, I organized a meetup in Novi Sad... This year, I'm doing the same, same country, but in a different city... As I count this as vacation, I didn't push the "event" too hard, but the open invitation was/is available for everyone... The meetup will happen tomorrow, and you can find more details in my post here! Btw. that will be my 2nd Hive meetup this year, and the NGU for that... If you remember, I made a #MyHiveGoals for the number of meetups, where I aimed for 5 this year! Not sure if it will happen, but I will work on it!
Speaking of NGU, it looks like we finally got into the "party time mode" regarding altcoins... I mean, you never know what can happen, but the BTC dominance chart looks much better than before!
Screenshot from tradingview.com
That number does go down, but a lot of altcoins are recovering! Some of them slowly, like HIVE for example, and others more aggressively, like ETH for example, which went up more than double from its bottom... TBH, I like how HIVE is slowly creeping up as compared to some other coins; it's doing great! Not all alts are going up steadily, and some big names are rather stagnating price-wise than going up...
If the BTC dominance continues to go down, we could have a lot more moves on alts... In my opinion, it will be different than before for one simple reason... There are a lot more altcoins out there than 4 years ago... a lot more... What can that mean? The amount of money will be diluted among more tokens, and we will have less volatile moves up... Or only a handful of tokens will reach the "banana zone", while the rest will continue to creep down... Of course, we could have the mix of these two scenarios...
What am I doing? Well, nothing... lol... Trying to enjoy my vacation... I have marked my sell price on the charts for tokens I own, and I'm patiently waiting for them to be triggered...
Let's see the WorkerBee Pool numbers for this week...
This week, we have mined 82 BEE tokens in total, 8 fewer than last week...
This week, we didn't have new delegators, but we got new delegations from old members! Thanks guys! Appreciate your support!
This POOL doesn't have fees, and you get up to 20% MORE by delegating to it!
What about the bonus tokens?
Last week, I was giving away LEN tokens as a bonus, which is one of the two main tokens of the @liotes project (LENM is the other one)... As the project was growing, new collaborations were made, but also, we had many talks with other token owners about potential merging... Unfortunately, many tokens had almost no value and no incentives for people to HODL them, and no use cases... The only one that ticked all boxes was the CTPSB token, which was backed up by HivePower on the account, and because of that, the NGU for it! It found its use case as a reward for people providing liquidity to pools... As it goes up in value, even if liquidity in the pool is growing, the APR of rewards can stay the same, or even go up!
There will be distributed 2 CTPSB 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... 82 BEE tokens and 2 CTPSB tokens will be distributed as a bonus... The APR (without the bonus) was 5.558%, and when we added the bonus, it went up to 6.802%!
I have calculated the ROI approximately with medium prices for all tokens when 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 your portion of mined BEE tokens and BONUS rewards!
.:. DO NOT STAKE TOKENS TO MY ACCOUNT!!! Just DELEGATE! .:.
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 @ph1102/workerbee-p-h-ool-let-s-help-each-other
Thank you for your time.
--ph--
None of this is financial advice!!!
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