I haven’t read a lot in the documentation about the game but I intend to read more about it in the coming days. A game like Holozing, a role-playing game, still requires strategy. And for me to think of a strategy, I have to have a thorough understanding about the mechanics of the game. I think I will have enough time to research about it by this weekend during my free time.
For now, I’m focusing on earning $Zing tokens as much as I could and stake my rewards often to maximize the earning potential of my staked $Zing. A process that I will have to keep repeating a few times in a day, especially now that the APR are still considered high.
It was yesterday, when some holders sold $Zing tokens that affected the price from $0.011 to $0.010, which I think is insignificant right now. It’s just the early phase of the game development and its true value isn’t measurable at the moment yet. The current price is the result of the market’s buying and selling actions, which has no basis other than their sentiments. Apparently, there are more people that is selling the token while the demand hasn’t catch up yet.
Everybody should know by now that the $Zing token is the currency of the game, an important token to have if I will be participating in the game (I will). To sell the token at this point is probably a regretful action that we may only realize by the time the game come into play in the near future.
Of course, I can’t blame the ones that are selling right now because they are probably concerned that the price will go even lower. This thought is probably the same reason why some participants of the Liquidity Pool have withdrawn their share in the pool, "impermanent loss" is inevitable for them. I wouldn’t consider adding anything to the pool at this point because I prefer to stake my $Zing tokens and delegate my HP to the @zingtoken account to gain the hourly $Zing rewards. I think I'm comfortable to be participating with both options as of this moment even though the rate of rewards for the LP is 10x more than the HP delegation option.
When I participated 3 days ago, the APR was 68% APR but as more and more are participating in the HP delegation scheme then the rewards will gonna get lesser overtime.