The #Zing project has revolutionized the #Hive blockchain in terms of gaming. See every other user talking about the #Zing token, the game and the project. It is without a doubt the best and successful project launch and very soon its game will be recognized as well.
I have talked about this project in my previous post and explained what kind of project it is and how you can earn good money in it. I don't want to go into the details of that, but I'm going to point out the other side in today's post.
That is, many people are confused about #Zing token earning and there are many people who want to delegate this project but can't because of confusions.
2 of my friends asked me about this project how we can earn zing after delegating our #Hive power and at what APR profit they can earn. Also confused that the APR of this project is not fixed.
Given these questions, I thought I'd make a detailed post about it and share it with the #holozing community.
As we all know it is a new project and a new project initially gives very good profit to its users and therefore they want to attract many users.
This is exactly what happened with the #HoloZing project who initially gave a huge APR to their users who delegated their #hive power. But the question is, why don't their APR prices stay the same, i.e., the price goes down?
So its APR depends on circulation supply or maximum supply. As the circulation supply increases, the APR will decrease. I tried a lot to see the maximum supply of #Zing tokens but couldn't find it on their website. If the circulation supply approaches the maximum supply, the APR also decreases.
Understanding APR, Delegation, and Future Potential
In simple words, the more #hive delegates, the lower the APR. This means that whenever new users come to the project, the APR will also decrease. But there is an advantage that the more users increase, the more the token price will increase as well.
So those who are confused about Zing earnings. They should remember that the profit APR of this project will decrease day by day. Hardly I get 10-15% APR within a month.
But one thing must be kept in mind that don't look at APR but think about the project because there is a good future and the price will start increasing as soon as the game is launched. Then people will have #Zing token they can sell for good price and also help to play the game. So for users who want to delegate their #HIVE power then I would say this is a great opportunity to earn Zing Tokens and it will be a profitable option.
What do you guys think about this token and project? Will its price increase in the future and will it be a great and successful game? Looking forward to your replies and will be very happy to see your replies in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
NOTE: IMAGES ARE EDITED IN CANVA.
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Best Wishes.