Reviewing My Holozing Liquidity Pool Positions after two months || How beneficial are LP's ?

in Holozing Community9 months ago

Hi Holozing community,
It's been more than two months since I joined #holozing community and started writing and participating in different things here.

I staked #zing tokens, I shared some #art-work, and I also got in to #liquidity-pools on holozing. I forgot to mention the #posh token holding which I still have with me so yes that was also one of the things I did because of #holozing.

Today I am here to review my #liquidity-pool in the game after almost two months of time.

In January I started with 2 #hive in total and in few days I increased that amount to 12 hive in total where 6 hive was for zing and 6 was left in hive.

Now you can see in screenshot shared below to know how many #hive I am left with at this moment.

I now have 3.93 #hive and 437 #zing tokens with me. So, the numbers are less than 6 hive but anyways I have also earned rewards worth 1.63 zing everyday and in the beginning the rewards was worth 3-4 zing everyday.

Even if 1.63 #zing were received everyday then also my total in hive becomes 0.8 hive. I am in loss but maybe in long term the rewards will pay off.

This was my first experience with the #liquidity-pools and my intention was to learn about them and that was the reason why I went with less amount in the pool.

I will do more experiment in future with other projects on #hive if possible so that I have more knowledge about them. For me to conclude I am happy as #hive came up and in dollars I am still in profit.

Thank you for being part of this blog of mine and I will share a art work I am working on soon here.

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liquidity pools are risky but the early participants are benefitted in most of the cases.
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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP - 0.001 INK tokens

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5000 PGM IN STAKE = 2x rewards!

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