Bought 850 Zing Tokens For Liquidity Pool
Hello Zingians I hope you are doing fantastic and welcome to my other holozing hive blog. As I announced in my previous post my target is now 100k zing tokens and I have started the journey so this type of small buys will help me to reach that goal. Right now I have 3300+ zing tokens and currently, my main focus is the liquidity pool because it is providing the highest APR in the holozing game. So this is kind of a shortcut for me to reach my target of 100k zing.
100k zing is not child's play so I have divided my goals into multiple parts first target is 10k then 25k. The Holozing team is doing fantastic work and right now zing token has a limited use case so that is why we can't expect a bull run or a healthy uptrend in the Zing token price. There are some delegators who just want APR and that is why they sell immediately after they claim because they want a high APR on their delegation. But there are many people like me who believe in the long term and this is not bad if the project is solid. So My main focus is to keep building.
Those sellers will give the opportunity to the users who want to build here. Currently, the price is around 0.006 and that is why I have just started part-buying in Zing. There are people who just looking to earn more than they earn in curation so that is why they delegate to different projects.
Discounted Zing Price Giving Benefit
When you check the price of Zing one month before you realize that Zing's price is now available at a discount. And this is a huge discount so it is good to take this opportunity. If the price goes down further then at this rate I would get extra or maybe double this amount. It depends on the price.
This is a limited-time discount because once the game is launched the price will go up. We can call this initial time an accumulation phase.
Small Step Towards 100k Zing Target
I purchased 850 zing tokens at 0.0158 price and along with this I have to keep 13+ hive currency as well so that I can invest these amounts in the liquidity pool. So after this investment right now I have 1.60k ZING and 24.79 HIVE in the liquidity pool. I am closely monitoring the APR of the liquidity pool and it is also going down but still, it has 340.53% which is very good.
The second-highest APR is provided by the posh token so buying posh tokens and keeping them in your wallet will give you 138% APR. Targeting these two options is going to help me a lot to reach my goal a little faster. Earning from posh, delegation, and staking will be directly staked in the holozing staking. The current APR of staking is 70%.
Highest (340.66%) APR in Liquidity Pool
You can't expect APR to remain stable also the price will not remain stable because you are in a crypto space so time is money here that is why investing early and earning early is a chant. Currently liquidity pool is giving the highest APR so it is a good decision to buy Zing tokens at a cheap price and invest them in the liquidity pool and this is exactly what I am doing right now.
Right now bonus reward is there so claim daily to get the benefit of it. You can unstake some tokens to invest here but investing all the tokens here is not an ideal choice so diversify your zing investment in multiple options.
Hope you liked this post, share this post on social media like Reddit, inleo, and X with #hive and #holozing tags. Have a good day comments are appreciated.
Thank you
Lucky Ali
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![]() | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
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Actually I've been surprised how many large delegators have kept hold of their Zing, it's a community of hodlers so not that easy for buyers, best of luck stacking, it's a great project!
That's true.
current price is also not a bad to accumulate.
thanks
@tipu curate
Upvoted 👌 (Mana: 27/57) Liquid rewards.
thanks
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Yay! 🤗
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You bought this token in good quality. I have less funds so I didn't buy these tokens.
Thank
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