To BEE or not to BEE, this is the question and my answer was that I went nuts on it. After liquidating an investment that I've built from scratch - Torum XTM earnings - and cashing out over $2,500, I have decided to put all of those in a BEE Liquidity Pool on TribalDex. After paying some astronomous fees for my XTM tokens to withdraw from Torum, exchange on Uniswap, withdraw on Binance of around $250, I've ended up with my funds on Binance where I could buy 2,950 HIVE tokens with them. From there I moved them to Hive and converted 50% to HBD and BEE and added liquidity to this pool where I was already involved.
With the current position in the BEE:HBD Liquidity Pool I hold over 10% from the Liquidity, which I consider pretty strong. By adding new liquidity I've lost the consolidated daily bonus, but with the current holdings, I think it is good that I've done this sooner rather than later. The return looks like it decreased with the newly added liquidity, but still offers a good APR of about 80%. It remains for me from now on to harvest the rewards daily and to think to my next move.
I could use the BEE rewards to recoup some of my investment or double down on it. On the other side, I am thinking of launching a Hive outpost early next year, so I might use the tokens as a means of funding for that. For sure new doors are opening as I look forward and I need to do some math to see which is the best way to go with it.