Hey All,
Well I have been earning a good amount #ZING tokens on a daily basis. At the moment, I have two means via which I am accumulating ZING - the first is via the HIVE POWER aka HP delegation and the other method is where I have entered the liquidity pool ZING-SWAP.HIVE on Beewswap. Here is my account summary report showcasing ZING reward history daily wise::
I had forgot to claim the rewards for the past 5 days and today I claimed close to 600+ ZING tokens so on an average I am earning 600/5 = 120 ZING tokens daily. Considering the price of ZING today which is hovering around $0.0066384+ this would sum up to around $1 in day being earned for me with all the investment that I have made in the Holozing project so far. Lets now have a look at my HP delegation to @zingtoken which is around 2.5K+ and the plan is to now double it up to at least 5K+ HP delegated
Recently, I undelegated HP to an account and in two days time I would be having around 8K+ HP available to be delegated and my first preference here is to @zingtoken account which currently is giving an APR of above 33% which is quite impressive. As of today you can see my stake has decreased maybe because of Impermanent loss where - My Share which is now 0.367% with almost 247+ HIVE / 12K+ ZING and whereas I started with 15k+ ZING / 210 HIVE We can see that HIVE share has increased and whereas the ZING share decreased from 15K to now only 12K+ in the liquidity pool. Definitely the ZING price is on rise here and is causing all the fluctuation in asset allocation. Anyways lets not get into the Impermanent loss theory, whereas my plan is to earn more ZING tokens via HP delegation. I have this GOAL to accumulate 100K+ #ZING tokens and this step of increasing the HP delegation would be another step forwards to accumulate more ZING tokens. At later stage, I would also want to increase stake in the liquidity pool and gain that 40th spot for which I need to have another 8K+ ZING and its equivalent HIVE parked in the LP. Hence over all its a BUILD & HODL strategy for ZING and once the game is launched, I will be in a good position to buy as many in game assets with the ZING tokens that I would have accumulated thus far.. that's all for this blog post for now... cheers and happy #HOLOZING... if you are collecting #ZING consider yourself lucky as well are early adopters....:-) there is more to come in the game...cheers
Have Your Say on the game - #HOLOZING & #ZING Token...
Did you join the #HOLOZING party Yet or not? How are your building your #ZING Stack? HODL Vs SELL? Entered ZING-SWAP.HIVE Liquidity Pool to earn more #ZING Tokens? Would love to know your views/thoughts. Let me know your views in the comment box below... cheers
Plans for increasing HP delegation to earn more #ZING tokens...
#holozing #zing #play2earn #nfts #collection #game #web3 #game
Image Credits:: holozing, hive-engine, pro canva license, tribaldex
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..
