Hello to my fellow community members,
Friends, it has been quite some time since we invested in a new token from the Hive ecosystem.
Everyone reading this blog knows that I am in favor of using TribalDEX for many reasons, but I will not go over them again as I have already discussed them before.
Today, I am going to share a token from TribalDEX that I am planning to invest in, and my target is to collect at least 1000 tokens by the end of this year.
The token I am interested in this time is the native token of TribalDEX itself, known as BEE token. You can find it on TribalDEX, and it is currently trading at 0.44 Hive per token.
The first reason I want to invest in this token is its usefulness. BEE token has a clear use case. Many projects are being built on the Hive blockchain, and any project launched there will need its native token.
To launch your native token, you have to pay fees in BEE token, which is the native token of TribalDEX. This means that as more projects are built on Hive blockchain, the use of BEE token will naturally increase.
The second reason is the curation reward. By staking BEE token, you can vote on posts of people who use the HiveVengeance tag. When you vote, you earn curation rewards in BEE token, and the person you vote for also earns some BEE token. This makes it an attractive token to invest in, as it provides a way to earn while supporting other content creators.
Lastly, the third reason is TribalDEX itself. I praise TribalDEX a lot because it is a decentralized exchange where you do not have to pay taxes, and you can use it freely without worrying about the burdens associated with centralized exchanges.
This is why I want to collect as many BEE tokens as possible, so that when Hive Engine and TribalDEX grow to become the next big thing, I already have the native token of this decentralized exchange.
So friends, after participating in liquidity pools and investing in some Hive ecosystem tokens, we have finally added a new token to our portfolio from the Hive ecosystem, and it is known as BEE token.
We plan to increase our position in this token over time, and I am going to share my full review of this token from the Hive ecosystem with all of you in the near future.
Thank you for reading my blog till the end.
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