Self-Sustainable dApps, TVL, Profit... What's That? .:. WorkerBee PH-Pool Week 261

People think that there is no money made in the bear markets... That you can't make money in "bad days", or in days of a big crisis... Wrong... Let's ignore those bad actors who get rich on the back of poor people through hyperinflation or war profiteers, and try to find better examples today...


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Created on Canva.com, using my photo as a background

The first thing to know is that bear markets are the best (if not the only) opportunity to accumulate cheap assets... In those (or maybe I should say, "these") moments, you can make a difference that will mean something in the future... The hardest thing to do is to push that BUY button when everyone is calling the end, the BIG ZERO, the collapse of everything... But, let's ignore this example, too...


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Blockchains are more than just a database, more than a coin attached to them, more than just a social network... They can be (and are) powerful foundations for different business opportunities... What was imaginable just a decade ago is possible today... Imagine running a money exchange without dozens of licenses, or giving some financial loans without being a bank, or running a casino without paying a big racket (pardon lobby) to certain individuals... Today, you can run almost all these things in a decentralized way, "hosted" (or powered by) on a blockchain...

While we have some of these things on HIVE, we are far away from some other chains... Instead of having dapps that attract money to HIVE, we have dapps that are extracting money from HIVE?! We are oppositely doing things! TVL (Total Value Locked) is an important metric in the crypto world, and not just there... It is important how much money is "nested" in the ecosystem, as it shows that investors have TRUST in the chain! You wouldn't give your hard-earned money to a random person to save it for you, would you? We can talk about our chain, we can shill it on Reddit or X, but without an EXAMPLE, the job to attract investors is 100x harder...


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We need a SELF-SUSTAINABLE KILLER APP! I'm not sure if we currently have any that we could showcase to others... Maybe the @risingstargame, who did everything without a penny from DHF, big whales, or some bigger support... It was a small group of people, building it day by day... It would be great to see Jux driving a Lambo with earned money from the game one day... Who knows, maybe we will 😃 If that happens, I would not be afraid about the HIVE price... 🙂

Maybe Splinterlands... Yes, they got a small push from the DHF, but they still struggle atm... It's hard out there, but the battle is still on...

We should look a bit outside our bubble a bit... Look at those Hyperliquid(s) type trading platforms, they are earning money in the bull, but in the bear too! People are LONGING, but also SHORTING different assets... Imagine one platform like that, buying back HIVE with 2-3% of their profits, and sending it to NULL! We could have a "bottom price" that can't go down because of buybacks and burns!

I hope we will not screw HIVE by being greedy and thinking only about ourselves... "Screw others, I will take my HBD, and you keep your inflating HIVE POWER..." Sometimes, I think I can hear the voices on the chain saying exactly that... If you don't hear them, you can probably see them in their wallets...


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Let's see the WorkerBee Pool numbers for this week...

This week, we have mined 106 BEE tokens in total, 4 tokens fewer than the week before!

This week, we didn't get new delegators! Interestingly, this is the first time that we didn't get any additional delegations, either! It's rough out there...

This pool doesn't charge fees, and you can earn up to 20% more by delegating to it!


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What about the bonus tokens?

Today it's turn on the LEN tokens to be given away to the delegators as a bonus reward! You probably know about it, but I will repeat a short explanation of where it comes from... It is a main token of the @liotes project that is run by @achim03 and me... As we aren't developers, we combined the power of this chain, awesome community, sound tokenomics, some token burns, and additional streams of income to incentivize people... The result is a relatively stable token which goes up in value (indexed in HIVE)... No big support at launch, no DHF funds, no whales behind, just the power of community! It does stick out from hundreds of others that went to zero...

There will be distributed 74 LEN tokens to the delegators of the pool as a bonus reward today!


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74 LEN tokens will be distributed as a bonus... The APR (without the bonus) was 12.054%, and when we added the bonus, it went up to 14.523%!

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...


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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! .:.


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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 https://ecency.com/hive-119826/@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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👉 Vote for Liotes HIVE Witness HERE 👈

Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!

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6 comments

Bear markets can feel intimidating, but they present special chances for growth when handled wisely, such as accumulating HIVE and staking them ;)

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Thanks for the news!

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Interestingly, this is the first time that we didn't get any additional delegations, either!

I'm extremely sorry for that. I've been in Portugal for a week. Too busy watching the rain to update my Hive tokens😅. But I'll get it done before next week.

!BBH

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!BBH

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Forgot to delegate Ty for the LEN!

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