Low Liquidity Tokens .:. WorkerBee PH-Pool Week 131

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It's time to talk about "low liquidity" tokens as we have a lot of them here on Hive-Engine... As the circulating supply of the WORKERBEE tokens is a bit under 303K and there is almost 239K staked, this token can also be categorized as a "low liquidity" token... If we count that another 51K tokens are in the ownership of the hive-miner account that is probably owned by Aggroed, it leaves us with only 13K liquid WORKERBEE tokens! As a result of low liquidity, we have this huge price volatility... Just a week ago, the WORKERBEE buy price was 1.5HIVE and today is almost double, at 2.6 HIVE!

As you could guess, playing with low liquidity tokens can be risky, but at the same time, it could be profitable... In my opinion, in the case of WORKERBEE, it's not that risky as the token is issued by the Hive-Engine team, which means that by HODLing it, you are "investing" in the whole sidechain... So, if that token goes south, the others will probably do even worse... But, it can be overpriced or underpriced as any other token... Just the probability that it will go to zero is smaller than for some other tokens...


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But, can you earn by staking/trading low-liquidity tokens? Of course, you can! As I'm the co-owner of Liotes which has 2 low-liquidity tokens, and also a HODLer of a couple of other low-liquidity tokens, I can say that I like to be involved with them... Yes, they are riskier, but these price margins give you a better % when you do trading with these tokens... What are the main issues with these tokens?

You can't buy/sell big quantities of tokens as there are not too many on the markets... Also, not many people are trading these tokens, which means that you can't earn big bucks in a short period... The solution? You should get into more different tokens if you want to earn some significant account...

Another important thing is that you shouldn't go too heavy into these tokens... If you are in the Top 10 of the low liquidity token, who will buy your tokens? You are/were probably the biggest buyer and if something goes wrong, you will not be able to sell your bags at all!

This leads to the next important point... If you decide to go into some low-liquidity token, you have to do a deep research of owners, developers, tokenomics, their history, etc... I mean, you should do that with any token/project, but here, in a certain way, you will have a "closer connection" with the project...

These are just some tips for this type of token... The other "rules" are the same as for any other tokens... As always, be careful and DYOR!

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Back to the Workerbeee report numbers!

In the last 7 days, we didn't get new members in the pool... The price of the WORKERBEE tokens skyrocketed and people are not too happy to buy it at the new price... I can't blame anyone as I'm feeling the same... So, maybe a bit of patience, wait for the storm to pass, and then try to get some cheap tokens! :)

In the last 7 days, we mined 122 BEE tokens in total!!!

This POOL doesn't have fees and you get up to 20% MORE by delegating to it!


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What about the bonus tokens?
Some people are calling the bottom for the LEO tokens, others wishing to see lower prices to get more 🤔... What's for sure is that the LEO team has to create a buy wall to get tokens for paying dividends to HivePower delegators... As those delegations are huge, they need a significant amount of tokens, which leads to a nice buying pressure on the LEO tokens... But, I remember that I saw one big SELL order a few days ago and I can't remember that it was filled... So, maybe we will have those tokens back on the market and the battle between bulls and bears will continue... We will see...

There will be distributed 50 LEO tokens to the delegators of the pool as a bonus reward today!


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As always, in the end, let's give the exact numbers for this week... There will be distributed 122 BEE tokens and 50 LEO tokens as a bonus... The APR (without the bonus) was 4.922%, and when we added the bonus it went up to 5.692%! As of the already mentioned WORKERBEE price hike, the APR doesn't look too good, but this is calculated if you buy tokens by the current price... Many of you did it for a much lower price and your APR is much better...

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 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 the portion of mined BEE tokens and BONUS rewards!

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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://peakd.com/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other

Thank you for your time,

~ph~


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If you want to support my Hive-Engine witness node, you can do it by voting for @ph1102.ctp here https://tribaldex.com/witnesses... THANKS!

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 .:. LBRY

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32 comments
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Thanks for all the tips. This is also a great way to earn some more BEE token. Making a note to delegate some tokens in the morning!

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You are welcome! It's hard to participate in the crypto markets in the current conditions... :)

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(Edited)

Process: in your pool, I stake a Workerbee and get a Bee as a reward. Then I stake the Bee and delegate it to @dhedge.bee. And then I get a daily %Dhedge from it.
I wonder - question:
Is it more worthwhile for me to buy a BEE and directly delegate it to @dhedge or to buy a workerbee, stake it and delegate it to your pool?

  • part of the answer is that I got here LEO also ...
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hehehe... That's an interesting strategy... And regarding your question, it really depends on your preferences... Yes, WORKERBEE tokens are less liquid and more volatile, but I rather keep WB tokens than BEE tokens...

But also, you should pay attention to your entry price for tokens that you want to accumulate... and the direction where the value of the token will go... 😃

I have to say that I don't know the APR for BEE delegations in DHEDGE dividends... Don't want to take any decision in your name... :)

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On Dhedge site is saying: All amounts for H-E tokens are estimated based on current account pool balances and current delegations. Adding or removing delegations will change these amounts. Momentary, Paying ~0.0016861602 DHEDGE / BEE / Day; Total Pool Rewards / Day: 3.02439941 DHEDGE ;
Total Incoming Delegations: 1793.66077864 BEE; Users: 27; Pool Balance: 604.87988101 DHEDGE

Not sure that I can calculate APR from this ... 🤔

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Hmm
I think this is very good and I see it as a great way to earn the BEE token
Nice one!

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Thanks for the post. I will probably buy a couple of hundred WORKERBEE tokens.

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You are welcome! Thanks for taking the time to read it!

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Thanks for sharing this great and amazing information with us how to earn some token easily.

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You are welcome... Well, it's not that easy and it is with a risk... But, every investment has risks ;)

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It would be great if there was a diesel pool that paid out in wb. As it is, it is slow going earning the bee I'm getting. 😁😁

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Maybe it will be good, maybe not... It would inflate the market with additional tokens and probably push the price down... Which isn't what you want as a HODLer... 😃

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Can you tell me what token are low liquidity, i mean what's the meaning of low liquidity 😶

I know about staking but I don't know about it that saving also provide earnings while i thought by staking we can save something for future!!!!

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Can you tell me what token are low liquidity, i mean what's the meaning of low liquidity 😶

Low liquidity tokens are those that are scarce, you don't have billions and billions of them, and you can't find a lot of them available for purchase...
For example, I have some CTPSB, AWESOME, and even tokens from Liotes, LEN, or LENM... I would call them low-liquidity tokens...

And regarding savings to provide earnings... If you save, for example, gold... and it's raised in value through the years, you can say that you have earned by HODLing it... I know that it sounds weird in the crypto-sphere as most of the tokens go down in value, but you have some exceptions...

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Yes now i get it. Thanks for the information 🙂

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Low liquidity definitely sucks if you want to move in and out fast. So I agree that you need a lot more research before jumping into those tokens.

Thanks for running the pool and for the BEE/LEO tokens.

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Low liquidity definitely sucks if you want to move in and out fast.

THat's true... that's why I like to keep them on "slow-burning"... not literally 😃, but slowly going in, and slowly going out...

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Hmm, I rarely have the patience to trade low-liquidity tokens. Usually, when I set a limit order to sell (or buy, but less likely) such a token, by the time I see that order again, there are many other orders fronting it. This means people/bots are way more active on the token market than I am.

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Hehehe... You nailed it! It needs patience and sometimes when you come before bots, it's easier... On the other side, if bots are there, it means that the token is worth something... If not, they would not come... 😃

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You are right. That kind of activity in the market usually means the token is still desirable enough or that it is profitable to trade it.

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