What's up everyone and welcome to another cantfoldaces's Blog.
This would mark my 3rd Blog about the Holozing Project and so far I'm really satisfied with everything going on this new game's platform with the emerging $ZING Token that is holding its value pretty well!
ZING Price
Since my last blog post, $ZING price has been holding on pretty well! I know it's slowly declining but NOT that kind of sharp price fall instead we can see many buy orders laying waiting for a slightly cheaper price to get $ZING
The price has been ranging from 0.04 Hive ti 0.028 hive/$ZING and in term of US Dollars from $0.012 to $0.008
Overall Earnings
Currently I'm earning around 25-27 $ZING per day, mainly as shown in the graph from Delegation rewards.
Regarding POSH rewards, I still have my 4 POSH that are generating around 0.2 $ZING daily and my initial plan to increase it has shifted to another goal (more about that later)
As for the staking rewards, I'm constantly unstaking my $ZING in order to put them on the Liquidity Pool since it offers higher rewards while having access to my $ZING at anytime!
HP delegation
I pushing even harder with my Hive Power Delegation as I went from 250 HP to 480 HP.
It's true that it dropped from 140% to 50% APR but it still one of the highest APRs on the Hive ecosystem and would hopefully at least reach 1K HP in delegation!
Liquidity Pool (ZING/SWAP.HIVE)
I've mentionned on my last blog how insane the APR was sitting at almost 1000% and it keeps gradually decreasing as more and more investors keeps on coming.
As for my goal (Not financial advice), the reason why I'm unstaking my $ZING Token is to put it on the liquidity for x6 more gains and this is how it goes:
- Unstaking $ZING that get relased in batches for 4 weeks
- SWAP 40% of my unstaked $ZING to SWAP.HIVE
- Provide liquidity with the remaining 60% $ZING + the 40% Swapped for SWAP.HIVE + 10% of my own Hive owning
The reason why I'm doing this is:
- The ratio depends on how much liquid Hive I have
- To offset some of the impermanent loss
Currently at 440% I'm getting 6 ZING daily while compounding my earnings for a better gains!
Posting about HOLOZING
I've made a couple of Blog posts about Holozing and fortunately got curated by the Holozing Curation Team which can be added as earnings to the HOLOZING Financial Aspect as shown below
Which would net around 20 HBD in value being surprisingly my highest gains from Holozing and should be doing reports/posts more often with being spammy!
So Maybe I'll turn some of that HBD into SWAP.HIVE and provide liquidity without having to sell $ZING for higher gains ans snowball my Liquidity Position
Tldr
If I would make a summary, without a doubt a fairly Positive and worthwhile investment! As I hardly spent a couple of Hive but mostly coming from Delegation, Liquidity Providing and Posting
So on my next Post, I would make a rough calculation how much I made in terms of USD and HIVE
Thanks for reading till now and I see you in the next blog post!
Disclamer: All Images are taken from https://holozing.com and beeswap websites
Disclamer 2: This is NOT financial advice and always DYOR