I just reached staking 5k + Zing tokens in HOLOZING

2 years ago

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Hello readers,

When I first heard about the Holozing game and its main token zing around almost 2 weeks ago, I really got excited about this awesome upcoming gaming project on Hive. After visiting the official website and reading the whitepaper my first impression of Holozing was very positive as unlike most of the crypto-based games out there which are bogus, meaningless and not even enjoyable, this project was offering a new and unique style of gameplay with lots of interactive features with play2earn features. Quickly after my first interaction with the game, I was so impressed with the game vision and wanted to get into this project as early as possible. But, I was already late because the Zing token earning programs were started 1 or 2 weeks before and many people had started investing in these earnings schemes and were earning good amounts of Zing tokens based on their investment. So without thinking much I decided to get my skin in the game and for my first investment approach, I decided to buy 100 POSH tokens as holding posh tokens is one of the 4 possible ways we can earn zing tokens right now. Soon after I bought the Posh and kept it in my hive-engine wallet, I started getting fractions of Zing tokens every hour and my staked Zing balance also started increasing slowly. But however, I quickly realized it was not enough.

As for my next investment decision, I decided to use the delegate HP option and delegated 3k HP to the project and to my surprise, though the HP delegation has the lowest APR rate among all 4 types of investment schemes, because I had delegated a decent no of HP to holozing, I suddenly started earning way better amount of Zing tokens every hour quickly after the delegation. It was so satisfying to acknowledge and claim a bunch of tokens every hour and not to mention that my staked zing balance also started to jump upwards. After testing with my first HP delegation, I soon realized that personally for me, who does not have that much liquid power to invest in buying more POSH or to invest in the liquid pool or buy Zing tokens directly From Hive-Engine, The only option left for me is to to delegate Hive Power and earn Zing tokens and I believe it is by far the most safe option of investment if anyone wants to earn Zing. I was sad because I wasn't there since the first day when the Zing token distribution started or I would have earned more zing by now. But, I believe it’s better to be late than never doing it, so I jumped in anyway and started accumulating Zing.

Anyway, After delegating my first 3k HP to the project for a day or 2, I already accumulated around 100 zing and I was very happy with this accomplishment. But, I certainly knew that this was not enough and I needed to earn more zing in these initial days and thus decided to delegate more of my HP to the project. Now, it’s easy to earn more Zing on the same investment if you have joined the program in the initial days because not many people would be in and the APR will stay juicy unless it gets crowded. Those who are browsing the Zing rewards tab since the first day have already seen the reduction in APR in different schemes, especially in the Zing : Swap.hive liquid pool where the initial APR was around 1000% but right now it has shrunken down to around 600% only. However, the case was not the same with Hive Power Delegation as it didn't go down like the liquidity pool rewards and in fact, it has even increased a little bit when I saw today compared to when I delegated my Hive Power and I am Earnings a little more amount of Zing tokens per hour right now. As all of my Zing tokens are going straight to my staked wallet my staked Zing rewards are also increasing little by little every hour and right now I earn more Zing rewards for Zing staking than Holding around 111 POSH which is just amazing! So I decided to power up my HP Delegation amount to the project and increased it from 3k to 8k. As expected, I soon started getting more Zings and right now, I get around 22 Zings per hour just for my HP Delegation.

Though we have a total of 4 ways to earn Zing right now - staking Zing tokens, holding Posh tokens, investing in the Liquidity pool or delegating HP, I personally think that the HP delegation is the best among them 4. Now many of you can think otherwise but it is just about preferences and as I already told you above that I am not a Liquid rich guy, delegating HP was the best option for me and it is also showing great results already so I am very happy on my decision and wish I could delegate more as I have delegated almost 90% of my HP already and just kept enough HP to run things smoothly. Right now I am actively earning Zing mostly with my HP delegation and but also earning small amounts of Zing from holding POSH and staking Zing as well and the only option that I am not yet invested in is the liquidity pool, so I am currently thinking to accumulate some liquid hive and enter that option too. Now, though the liquidity pool is giving out the best APR rate rate among all those 4 options, the APR rate of this option is very fluctuating and decreasing every day as more people are investing in the pool, so it is the most risky of them all as well.

Anyway, I really found myself happy today when I reached my first Zing staking milestone by hitting 5k staked Zing in my account. Right now I am holding 5.25k Zing in my account which is valued at approximately 63.85$ as of the current rate of Zing where each Zing is being traded for around 0.012$. My current goal is to reach 10k Zing as soon as possible and with my current growth rate, I think I can accomplish it within the next two weeks if the APR doesn't fall much on HP delegations.

For a new project that is only in its initial stage, the price of Zing token is quite steady and not volatile at all which indicates many people are holding their zings and not selling at all. Zing has already listed on hive-engine and we can trade zing with swap.hive. I have been monitoring the price of Zing tokens every day and it is surprisingly quite stable and moving around 0.011 - 0.013$ price range. If it gets dumped down from here, I am thinking of buying a bunch of Zing tokens and either stake them or using them with Hive to invest in the liquidity pool. Although the project is too early to put a price tag on Zing or to say if it is good to buy or bad at this price point, my instinct says that this project has been more than successful in leaving an amazing impression already and as more and people and getting in every day and most of them are with holding mindset, I think the price of Zing will only rise from here as time Passes. However, please note that this is not a financial advice and please DYOR before investing.