Hey All,
I have been a long time investor of this governance token of Hive-engine which is WORKERBEE and as of writing this article my stake is close to 4K+ $WORKERBEE tokens that are staked on the hive-engine platform. 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 2.2+ $HIVE.
This is the price at which we have the Sell orders for WORKERBEE in the internal market i.e. Hive-engine. I had bought this miner token [WORKERBEE] when it used to trade for one $HIVE and have already 2x my investment here. This does not include the $BEE tokens which I had been getting on a daily basis. If I sum up all the $BEE tokens and its value then I would say that I have already received my initial investment back and continue to earn a passive income on daily basis in the form of $BEE token.
My Stake & Strategy Ahead...
I'll be very honest here on a daily basis I have been swapping all the $BEE tokens that I receive for $HIVE. On an average I would say I am able to make 3 $HIVE daily, which I feel is a decent amount that allows me do anything with the HIVE received. Either I go on to swap it for other second layer tokens like $LEO or $SIM or $STARBITS whichever I feel interested in increasing my stake. And off recently I have again started building my stake in $SIM which is the in game token of the game dCity which again is built on HIVE Blockchain. I am targeting 7+ Million $SIM to at the moment have close to 6.3+ Million $SIM accumulated which is giving me another 1.5+ $HIVE daily for just HOLDing the SIM token.
The plan ahead is that I am thinking to unstake at least 1K+ WORKERBEE and invest in other projects. Not yet decided but my preference is in using the funds to buy in more $SPS and stake it. The rest WORKERBEE, I am going to HODL and will continue to mine $BEE and swap it for $HIVE for now. It would be nice to see some more use cases coming out for the $BEE token and we a momentum building up for the price of the token. It been a long time that the price of BEE token is stable at around 0.4+ $HIVE for 1 $BEE token. Overall, I am very happy to have invested in the WORKERBEE token and now enjoying its benefits is wow - you made the right decision... cheers
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 Miner & Governance token WORKERBEE - My Stake & Strategy Ahead...
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Image Courtesy:: hive-enigne, procanva
Best Regards