Airdrop/Claimdrop: The ZING Token Update
About a week ago I notified you of a claimdrop/airdrop that was taking place here on the Hive Blockchain. That drop was the ZING Token (HOLOZING). At the time of that posting there were three ways to participate: (1) Stake ZING Tokens to earn ZING Tokens (2) Delegate Hive Power to @zingtoken to receive an airdrop percentage (3) Hold POSH Tokens to receive an airdrop percentage. If you are looking for more indepth information about these drops and the HOLOZING project I suggest you visit my previous post--->Airdrop/Claimdrop: The ZING Token. Did you read it (Great) lets continue. Very recently a fourth option has been added to the claimdrop/airdrop options list. That option is none other than.....
Liquidity Provider Rewards
Image Source: https://beeswap.dcity.io/pools?search=zing
Readers,
"What are Liquidity Provider Rewards?"
Liquidity Provider Rewards are rewards received by those who are participating in a liquidity pool. In this case the liquidity pool providing the ZING token rewards is ZING/SWAP.HIVE. While liquidity pools can provide a nice APR it is important to understand their risks. These liquidity pools can be found on the majority of the HIVE DEX's including TribalDex and BeeSwap. Direct link to the ZING/SWAP.HIVE Liquidity Pool can be found here----->https://beeswap.dcity.io/pools?search=zinghttps://beeswap.dcity.io/pools?search=zing
Important Note:
Before you can claim any of these dropped ZING tokens you will first need to register with the HOLOZING site. Registering is as simple as logging in: https://holozing.com/. Once you do so your rewards will start accumulating provided you are taking at least one of the four actions needed to participate in the ZING token airdrop/claimdrop. Hive Keychain is required to log in.
How To Install KeyChain
As noted Keychain will be needed to log in to the HOLOZING webpage. Regardless of if you are participating in HOLOZING or not the secure log in app for the Hive Blockchain known as Keychain is something every HIVE Blockchain user should look into. The app makes HIVE account switching a breeze and keeps our keys safe.
- Hive KeyChain Website
- KeyChain For FireFox Browser
- KeyChain For Chrome Browser
- Key Chain For Brave Browser
Readers,
"What is a Liquidity Pool?"
A liquidity pool is a smart contract that contains a reserve of two or more cryptocurrency tokens in a decentralized exchange (DEX). Liquidity pools encourage investors to earn passive income on cryptocurrencies.
Readers,
"What are the Risks?"
As with all things cryptocurrency the biggest risk is volatility. The amount of each token you provide to a liquidity pool likely won't be the amount you remove once you decided to leave the Liquidity Pool. This is because when the USD value of each token fluctuates that fluctuation has an impact on the tokens you provided. If one of the two tokens you provide goes up in value and the other stays the same (that changes the total amount of tokens you provided). If one of the two tokens you provide goes down in value and the other stays the same (that changes the total amount of tokens you provided). If both of the two tokens you provide goes up in value (that changes the total amount of tokens you provided). I'm sure you get the point (every price movement on either or both tokens has an impact on the gross total of tokens you provided to a liquidity pool). Please do your own research before participating.
To participate in a liquidity pool the amount of total tokens provided from each currency must be equal in USD value. Meaning if one token in the Liquidity Pool has a higher USD value than the other you will need to provide less of it compared to its counterpart to match the 50/50 ratio required. As per the screenshot below, based on todays ZING Token and SWAP.HIVE USD values one would need to provide 82.85* SWAP.HIVE (HIVE Token Pair) if they wanted to contribute 1000 ZING tokens to the ZING:SWAP.HIVE Liquidity Pool. Click anywhere on this highlighted link to be brought to the ZING:SWAP.HIVE Liquidity Pool
Image Source: https://beeswap.dcity.io
MORE HOLOZING Content
(Interested in learning more about HOLOZING and the ZING Token; of course you are everyone likes a good drop. Below I have provided some of the HOLOZING communities recent content including the whitelist in different languages. Click on the highlighted section below to visit any specific post).
| Post Title | Post URL |
|---|---|
| HOLOZING Announcement Post | Click Here To Visit Post |
| Closed Alpha coming closer | Click Here To Visit Post |
| Holozing Whitepaper - English | Click Here To Visit Post |
| Holozing Whitepaper - German | Click Here To Visit Post |
| Holozing Whitepaper - Spanish | Click Here To Visit Post |
| The Best and Cheapest Way to Earn ZING tokens | Click Here To Visit Post |
Please note that the @rentmoney bog is for entertainment purposes only and does not contain any financial advice. In fact RentMoney routinely makes bad financial decisions so its best not to listen to his ramblings :) If you are going to invest in any project keep to the golden rule of investing; always do your own research and never invest what you can't afford to lose.
HOLOZING Official WebSite: https://holozing.com/
Posted Using InLeo Alpha
I delegated 1000 HP to Holozing, I have decently good hopes for this project. I've seen acydo around the hive communities for years and I trust him.
I tossed a delegation there way to. Doing so allows one to support a new gaming project on the Hive Blockchain and earn rewards for doing so (It's a win/win).
2000% on that Pool :D
That is certainly a nice looking number. I suspect more to jump in soon enough and for the ZING token price to correct (its been holding strong). It will be interesting to see how long the high APR's last.
Super legit project in it's early stages. That's what I think.
Only discovered this project today and delegated 1k HP to it. Lets hope there is some alpha/beta gameplay of the game in the near future.
Don't forget that you need to register on the official site before you can start getting dropped ZING Tokens. Claims can be made every hour. Official Site: https://holozing.com/
I have not even delegated anything to Holozing yet
I feel I'm left out but it's never too late
Delegation is a choice but don't feel left out.
These drops (including the delegation drop) are barely weeks old.
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Thanks for the curation, its appreciated.
All this looks so nice and professional even for a non gamer.
Delegated my part and using #posh since a long time.
Cheers,
!BEER
View or trade
BEER.Hey @detlev, here is a little bit of
BEERfrom @rentmoney for you. Enjoy it!If you like BEER and want to support us please consider voting @louis.witness on HIVE and on HIVE Engine.
The ROI is fantastic, at least for now.
I'm surprised the token has held its value. Seems as if those who are holding the bulk share of tokens are making a move to collect the drops instead of selling in bunches. Cheers, !PIZZA
I'm missing this one. I thought I had some POSH but I think I was 1) mistaken or 2) sold it. Looks like a good project though.
I got a grand total of 0.0001 or is it 0.001 POSH Tokens :)
Right now I can't delegate this name nor can I buy and hold these coins but it's good that people are supporting this new project a lot.
There is plenty of time to join and if not I'm sure there will be plenty of other opportunities in the future for HIVE and those who frequent the blockchain. All we can do for now is keep stacking :)
!PIZZA
Yeah you are right.
$PIZZA slices delivered:
rentmoney tipped djbravo
@rentmoney(5/10) tipped @gregory-f