I have recently contributed an additional one million #SIM tokens to the liquidity pool for the SWAP.HIVE/SIM pair on Beeswap. About a month ago, I reported my involvement in adding a substantial five million #SIM tokens to the liquidity pool, and I also blogged about this contribution. You can find the original post by following this link: here Here is my current position::
The APR is above 17% and if you count other rewards like for holding 1 Million #SIM aka #SIM Millionaire, I am sure the APR would cross 20% and above. However, before we dive deeper, it's crucial to gain a comprehensive understanding of what #dCity entails and is all about::
What is
In precise #dCity is a mathematical and trading game based on NFT [non-fungible tokens] available on Hive-Engine. In this game, you get to create your own city the way you like it. As a player you have an option to build your city with a variety of #NFT cards that represents buildings, citizens, technologies that ultimately helps you to earn income in the form of HIVE ad $SIM token which is the in game currency token of the game. Players can also get many cards by playing and being active in the game. Currently by delegating HIVE POWER [HP] one can get the young citizen card for every 500 HP delegated. Along with a chance to winning a Influencer card and the best part is that you get #SIM token as well for delegating #HP. Check the full details here on the delegation of HIVE Power to @dcityrewards - Here dCity HP delegation rewards. So incase if you want to start earning some rewards in the #dCity game so delegate some HIVE POWER to @dcityrewards account.
With addition of this 1 Million #SIM to the liquidity pool, I was able to climb to the 14 position with::
SWAP.HIVE liquidity - 1680.15467138
SIM liquidity - 6194040.482
Shares - 100346.05976 And
Percentage % - 2.176%
I am targeting to gain the 9 spot here and for that I need to add another 4 Million #SIM and its equivalent #HIVE to the pool. Its a long way from here but small and steady progress should help me get there too. Seeing #SIM trade less than 0.0003 #HIVE i.e. 1 #SIM for < 0.0003 #HIVE is a stealer price. The plan ahead is to continue to invest in the #SIM token and all my daily rewards in the game is being redirected to the liquidity pool. Also the #SIM which I am receiving from selling cards is pooled in as well. The next target is 7 Million #SIM and hopefully I should be able to get there before the end of this month positively - fingers crossed. To wrap things up, if you're someone who enjoys the art of building cities and wants to create a city according to your own vision, consider giving it a try to this amazing game #dCity, a try. It's not only entertaining to construct cities, but it also brings in income through various means. The most exciting aspect is that all the structures within the game are represented as NFTs, making you the proud owner of these NFTs, which can also be traded within the game's internal marketplace... cheers #SIM to the mooon soon... :-)
SIX Million #SIM in Liquidity Pool SWAP.HIVE/SIM - Strategy Ahead...
Have Your Say On - dCity governace token #SIM & providing liquidity for it with SWAP.HIVE - Howz your dCity Building?
Do you #SIM HODL Vs SELL? Are you providing liquidity for SIM/HIVE pool - to get the 20% APR and other rewards #HIVE? What is your overall strategy looking like for your #dcity? Please let me know in the comment section below...cheers
Image Credits:: dcity, pro canva, nftmart, beeswap
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects..
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