Almost 5k $ZING Earned! The adventure continuous with Holozing!

Silver First Quest.jpg

What's up Hive community and welcome to another @cantfoldaces Blog Post!

It's true that I wasn't really active and frequently posting but kept working on the shadows and monitoring my activities as usual and I felt it was right time to write a blog post about my progress on this awesome and exciting game called Holozing!

There is a rule of thumbs: if you want to make the most out of a project, get in while its early and that's what I did, first I started with Delegating most of my Hive Power into the @zingtoken account when the APR was massive allowing to earn a decent amount of $ZING Token.

My Progress

As of today, while the APR dropped below 20%, I'm still keeping my delegated Hive Power and keeps on getting these juicy rewards despite being lower than usual (well inflation should be controlled!)
Don't get me wrong, 16% is still decent and a passive way to get a hold of a share that could have an upward movement in the coming future!

image.png

Since my Delegation rewards are paid in form of staked $ZING, I've been unstaking most of it to benefit from the Liquidity Pool that currently offers the highest ROI compared to delegating and staking

image.png

While Writing this post and having more than 600 Liquid $ZING, I've wanted to share the strategy I'm following regarding the liquidity Pool:

Since we have to provide the equal Value of my Liquid $ZING with SWAP.HIVE, this is the strategy I've been following:

  • 33% of my liquid $ZING would be swapped for SWAP.HIVE (in this case around 200 $ZING

image.png

  • Leaving me with 400 $ZING, The SWAPPED HIVE would be used to provide the needed liquidity for 200 $ZING
  • As for The rest (the other 200 $ZING), I would be using my own SWAP.HIVE that I got from other sources to provide the rest of the liquidity:

image.png

This will lead to a grand total of :

  • 4570 $ZING (liquidity Pool) + 383 $ZING staked = 4953 $ZING

image.png

I still clearly remember my first 1K earned $ZING and look at me now reaching a total of almost 5K $ZING. While we are still early, I believe it's possible to reach another milestone of 10k $ZING!
While I missed the Splinterlands Boom, I can catch up with the Holozing boom hopefully and investing additional bucks when to game goes live!

ZING Price

image.png

While the $ZING price seems to be on a downtrend, it's holding on pretty well despite the constant selling pressure on the Token!

Sitting now at 0.008 Hive / ZING, I would hope that the price would stabilize and finds a support between 0.008 and 0.01 Hive! Let's not forget that Hive was going up in value during the current Bull Run so $ZING didn't lose much in terms of $ Value.

A new Creature appears!

An Ice Type Element, usually these kind of Creatures are either Over Powered or could be played as a counter against specific Elements including Fire and Water.

Needless to say, the design looks awesome and befitting the evolving ZINGU!

As a response to the latest contest found on this post

The other is another first, a bug-type that'll be able to poison creatures!

Lastly, the one being created will start off as a normal type, but we will let you guess what it evolves into!*

Maybe my guess would be an evolution to a Taunt Monster, a sort of a Magnetic/Metal Type!

Thanks for reading till now,
Until Next Time!



0
0
0.000
2 comments