First Week's Payout and Bonus Rewards .:. WorkerBee PH-Pool

in LeoFinance2 months ago (edited)

The time has come! It has passed one week since I have started this little WORKERBEE pool experiment... I have to admit, I'm positively surprised with the number of people that have jumped in, but also with the results from the staked miners... A lot of people were yelling that it's not worth staking these tokens, but it looks that they were wrong...


WorkerBee Pool.jpg
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In the beginning, I would like to thank everyone who is participating in this pool... I hope that it helped (and will help) you in earning more from your staked WORKERBEE tokens... Besides the earnings from staked tokens, I will try to reward everyone who is in the pool with some additional rewards...

This week I will split 100 CTP tokens (worth around $10) with all participants according to their staked WORKERBEE tokens! I will try to mix this reward and do some other token every week!

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Let's see how we did in the past week... With a bit over 2300 staked WORKERBEE tokens, we have mined 13 during the past week! As you can see, I have done some rough calculations of APY and it's almost 15%, which isn't that bad for a miner!

Also, you can see that I will payout bonus rewards of 100 CTP split to all participants, which makes an APY of whooping 26%... I know that this will not be always like this, but I have wanted to give some kind of estimate for others who would like to join us... Bonus rewards will be different next week, but I will try to deliver additional value every time.


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I would like to touch on one topic more in this post regarding voting with delegated power to Hive-Engine witnesses... I have said in the last post that I have voted for @clicktrackprofit (@jongolson) and @thelogicaldude (HiveLIST, HiveHustlers) witnesses and that vote will stay probably for forever... On the other side, I will probably vote for some other witnesses, but ONLY for those that can't move rankings of these people...

Also, there was a question of a possible governance model for the participants in the pool. At the moment, I don't see the need for that, but if my stake (@cryptofiloz) becomes less than 51%, I will create some kind of governance model (at least, voting through the comment section)...

All payments will be made after publishing this post... Also, if you would like to receive HIVE or CTP tokens instead of BEE tokens, please let me know in the comment section.

If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to DELEGATE your WORKERBEE tokens to THIS account (@ph1102) and that's it!

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Also, I would like to give a huge thanks to all of you that have supported me as a witness... In this way, I would like to give it back to you as much as I can... Thanks!

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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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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This is fantastic! Great news for everyone involved & for you! This mining pool was a great idea & gives additional value to all participants. The APY is pretty good, too, for just starting...

So glad to see you succeeding as well as the others! It will be exciting to see what next week brings as well.

Thanks for creating another great reason for being part of this community!🧡🧚🏼‍♀️

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Thank you for your kind words, Jenn!

I will try to keep a secret about the next week's bonus rewards... :) And if someone doesn't like it, it can sell the tokens... ;)

And regarding APY, I was also pleasantly surprised about them... I was expecting fewer rewards in BEE...

!ENGAGE 10

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Look like HE team did not fixed the "delegation" code.
Let me undelegate and delegate here so that I can vote for favorite witnesses.

Yeah, they didn't fix that yet and as I saw, there is no date when it will be fixed, or not...

If they change it, I will still do the POOL thing, regardless that people will have to vote with their accounts... Maybe, I will add some changes, but I will try to continue with doing it...

Thanks for all your support, man... Really appreciate it!

!ENGAGE 10

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Wow. Thanks for the bonus. I’m happy with your votes so far. I’m a fan of ctp and the logical dude.

You are welcome, man! Thanks for your delegation and support! Highly appreciated!!

!ENGAGE 10

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This is cool.

I did not know about WorkerBee project. This looks interesting, i must check and have a look.
Thanks a lot for sharing the details.
CTP is one such token which is breaking all the barriers.
Kudos to this community for all the hard work.

I did not know about WorkerBee project.

The WORKERBEE and BEE tokens are the blood of the Hive-Engine... Every token creation, tribe creation, or some tool use (market maker, for example) is paid with BEE tokens... And BEE tokens are created ONLY by mining them with WORKERBEE miners... So, they are the base tokens for all things on the exchange... ;)

Thanks for the comment!

!ENGAGE 10

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Congrats you were upvoted from this account because you were in Top 25 engagers yesterday on CTPTalk .
You made a total of 10 comments and talked to 9 different authors .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

Somehow, I missed this the first time around. Never fear...I delegated my whopping 2 WORKERBEE to increase the pool. Don't anyone get overwhelmed. :)

Hehehe... Thanks for the delegation! Appreciate it! Every little count... ;)
You will be rewarded accordingly... :)

!ENGAGE 10

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I've just delegated my 75 workerbees to the pool. Let's get some more BEE's :-)

You are already noted in the spreadsheet for the next week! Thanks for the support!

!ENGAGE 10

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That's actually pretty cool! Much better than I expected. Thanks for the extra bonus as well. I'll take the bonuses as they are (CTP + BEE).

One question: have you earned any witness rewards yet from your position? I mean have you been selected as backup witness to create a new block on the chain?

Thanks for the feedback regarding future rewards... I will probably giveaway some other tokens next week, but you can sell them if you don't need them... ;)

And regarding witness rankings and rewards, it's a struggle... lol... I'm not in the Top 10 (yet), but I did create some blocks and I do create them regularly... Rewards are significantly less when you are out of the Top 10, but I did receive some according to the number of votes... (between 1-2 BEEs daily) Still not enough to cover expenses, but this is just beginning, and I like these "community efforts" where everyone wins! :)

!ENGAGE 10

Posted Using LeoFinance Beta

I will probably giveaway some other tokens next week

You asked how we want the ones from this week. Either that or I'm too tired and I'm imagining things. :)

Still not enough to cover expenses

Did you set up your own server or it's rented?

Darn, I have confused people with different tokens thing... Maybe I shouldn't give an option... lol... I thought for the future to pick... If you want Hive, or X tokens (but I see now that nobody knows what will be the next... lol...)

I have rented it... You don't need something big, but still... If HIVE continues to climb, it could pay out :) :)

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I did delegate from my sons account a very small sum as you can see. After the airdrop is gone will buy more workerbees for delegations, but only after that. :)

I think it is a good project that you do and the pool will definitely have more momentum than single accounts!

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No worries, man! I appreciate every support, and I hope that delegators are also happy with their rewards... ;)

I hope that we will see LEO and 3Speak airdrops soon... It's time to get some fresh tokens :) :)

!ENGAGE 10

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I would be an hypocrite to say that I'm not happy with the rewards!

Cheers! !BEER

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Hey @ph1102, here is a little bit of BEER from @alexvan for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

sounds for positive and exciting.

Got a simple question as I may be behind or missed it.
One does one acquire workerbee tokens?

The WORKERBEE tokens are like CTPM, so they are miners, and you can only buy them on Hive-Engine (I'm not an owner or anything similar)... When you have them and stake, you get BEE tokens (the fuel of Hive-Engine) as rewards... The problem is that they are scarce, so having just a couple WORKERBEE staked will not bring you rewards in who knows how much time (as it's a lottery system, like every other miner on H-E)...

That's why I have created this kind of pool where everyone gets its portion of the token(s) every week... If you know, for example, how ETH mining pools, or BTC mining pools work, this is something similar... + I gave a bit more incentives to join it with additional rewards that I pay from my pocket... ;)

!ENGAGE 10

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thanks for the explanation.
very much appreciated.
I will look into getting some in the future

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